The Speculative Literature Foundation has pledged $250 annually to help fund the SF&F Translation Awards. The awards recognize the work of those who translate science fiction and fantasy into English and promote the fiction of non English-speaking authors.
The current plan is for the award to be given for the first time to work published in 2010. The presentation is expected to be at the Eaton Conference. There are two award categories, long form (40,000 words and above) and short form. The winning translator and author will both receive a trophy and cash prize.
The Science Fiction and Fantasy Awards are administered by the Association for the Recognition of Excellence in SF & F Translation, a 501(c)(3) tax-exempt charitable organization whose directors are Gary K. Wolfe, Kevin Standlee, Melissa Conway, Rob Latham and Cheryl Morgan.
The full press release follows the jump.