The Schneider-Schott Music Prize is a cash award bestowed to an outstanding composer, performing artist, or music ensemble in classical music—with emphasis, but not mandatory, on contemporary music.
The prize is alternately given to a composer and an interpreter.
The winner is selected by an independent five-person jury of music experts.
[9] Source:[2][9] The €15,000[11] award is funded by an endowment established by Heinz Schneider-Schott (1906–1988)[9] and his wife.
In 1952, Schneider-Schott, a son-in-law of Ludwig Strecker, became a director of the London-based music publishing firm, Schott and Co., which in 1980, reunited with Schott Music GmbH & Co. KG, in Mainz, which in 2006 was renamed Schott Music Limited.