'Honouring the achievements of the founding father of the historical novel, the Walter Scott Prize for Historical Fiction is one of the most prestigious literary prizes in the world. With a total value of £30,000, it is unique for rewarding writing of exceptional quality which is set in the past.
'Sponsored by Sir Walter Scott’s distant kinsmen the Duke and Duchess of Buccleuch, the Prize celebrates quality, innovation and longevity of writing in the English language, and is open to books first published in the previous year in the UK, Ireland or the Commonwealth. Reflecting the subtitle ‘Sixty Years Since’ of Scott’s most famous work Waverley, the majority of the storyline must have taken place at least 60 years ago.
'The Prize was founded in 2010, and is awarded at the Borders Book Festival in Melrose, Scotland, in June every year. The winner receives £25,000 and shortlisted authors each receive £1000.'
Source: The Walter Scott Prize website (http://www.walterscottprize.co.uk/about-the-prize/). (Sighted: 26/2/2016)