Each year in October, the German Book Prize is awarded to the best German-language novel of the year. Founded in 2005 and based on the same idea as other prestigious literary prizes such as the Man Booker Prize, this award aims to draw the attention of the literary world to German authors.
The Börsenverein des Deutschen Buchhandels Stiftung – the Foundation of the German Publishers & Booksellers Association – awards the prize, with the German Book Prize Academy overseeing the process with independence and transparency. The Academy is made up of representatives from the book and media industry, whose major task is to select the jury members who will choose the final award winner. The seven jurors will personally assess all the books that are submitted.
Eligible books include those published in Germany, Austria, and Switzerland, plus they need to be nominated by their publishers and in shops before the shortlist is announced in September of the award year. The winner is awarded a whopping €25,000, while the five shortlisted authors receive €2,500 each.
The award is presented on the first event marking the start of the Frankfurt Book Fair. The six shortlisted authors will find out which of them is to receive the German Book Prize during the official presentation. This year’s award presentation takes place on October 9, 2017.