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The Digital Preservation Award is an international award sponsored by the Digital Preservation Coalition. The award 'recognises the many new initiatives being undertaken in the challenging field of digital preservation'.[1] It was inaugurated in 2004. It was initially presented as part of the Institute of ConservationConservation Awards. Since 2012 the prize is presented independently. The prize includes a trophy and a cheque. Awards ceremonies have taken place at the British Library, the British Museum and the Wellcome Trust.