To promote the Innsbruck art scene, the City of Innsbruck will now hold an annual competition for two scholarships. The Hilde Zach Art Scholarship, awarded by the City of Innsbruck, is endowed with €7,500 annually, and the Hilde Zach Art Promotion Scholarship, also awarded by the City of Innsbruck, is endowed with €3,500 annually. The aim is to support visual artists, enabling them to dedicate themselves intensively to their artistic work. The scholarships are not divisible and are paid out as a single lump sum.