The Place Prize for dance is held biennially. A call for entries invites UK-based dance makers to propose their idea for an original work of up to 20 minutes in length. Entry is by means of short video (up to three minutes) outlining this idea. Videos are assessed unattributed by a panel of European dance experts, and a shortlist of around 30 are invited to attend interviews at The Place. Following these interviews, 16 are chosen, and awarded commission fees of £5,000 - £7,000 and free studio time to create their work.
The works are presented in mixed bills of four works at The Place, each work having a preview performance ahead of a Semi-final performance. A panel of dance expert judges select three works to go forward to the finals, along with the most popular of the commissioned works as voted for by the Semi-finals audience.
The selected Finalists' companies are employed by The Place Prize to re-rehearse their works and perform them in a series of Finals performances. Each night in the Finals, the audience's favourite work wins £1,000. Following the final performance, a work selected by a new panel of judges, which may include both dance experts and experts from other creative fields, wins £25,000 and the title of Place Prize winner.
The two-year cycle for each edition of The Place Prize is along the following lines: