The prize, worth $15,660 (Euros 10,000), was presented by a jury comprised of Swiss film critic Catherine Ann Berger; Rastislav Steranka, co-founder of International Film Festival Cinematik in Piestany, Slovakia; Koen van Daele, Belgian film critic and director of the Izola Film Festival in Slovenia; Dutch film critic Belinda van der Graaf; and Bosnian director Srdjan Vuletic.
A special mention went to Greek director Thanos Anastopoulos for Correction.
Serbian director Stefan Arsenijevic's Berlinale Panorama title Love And Other Crimes received the Ray magazine Audience Award, which provides $7,830 (Euros 5,000) for distribution in Austria.
Barbara Musil received the Award for Local Artist for her role in for Market Sentiments. The prize, worth $9,400 (Euros 6,000), was donated by the Federal Province of Upper Austria and Synchro Film- und Videobearbeitung.
This year's festival saw 16,000 spectators, compared to 2007's 13,000, and more than 500 accredited international and national festival guests.