The award was created in 2007 to encourage, support and promote emerging theaters in Chicago that have demonstrated great ability and promise, artistic excellence and fiscal responsibility in business practices. It comes with a monetary prize of $5,000, along with consultation with the Broadway In Chicago executive team to create and support a marketing package valued at over $64,000 that includes advertising in the Chicago Tribune and Time Out Chicago.

For more information on The New Colony, click here.

For tickets and more information on the awards gala, click here.