The ICC Men's T20 World Cup (earlier known as ICC World Twenty20) was first held in 2007. It was first decided that every two years an ICC T20 World Cup tournament is to take place, except in the event of an ICC Cricket World Cup being scheduled in the same year, in which case it will be held the year before. The first tournament was in 2007 in South Africa where India defeated Pakistan in the final. Two Associate teams had played in the first tournament, selected through the 2007 ICC World Cricket League Division One, a 50-over competition. In December 2007 it was decided to hold a qualifying tournament with a 20-over format to better prepare the teams. With six participants, two would qualify for the 2009 World Twenty20 and would each receive $250,000 in prize money. The second tournamen