The winner will receive a £2,000 development bursary and mentorship, and two runners up will each receive a £500 development bursary.
The deadline to apply for the prize is 29 July 2015 and artists must apply by submitting a video through http://prsformusicfoundation.com/Funding/Lynsey-de-Paul-Prize, where further details and info on eligibility can be found.
The winner will be announced on 10 September at 2 Pancras Square, London at Lynsey de Paul – A Celebration, a fundraising event hosted by Dame Esther Rantzen celebrating the life and music of Lynsey, a year on from her passing in 2014.
Beginning in 1971, Lynsey enjoyed an extremely distinguished career as a songwriter, performer and screen composer. She wrote 12 top 20 hit records and nine TV theme tunes, becoming the first woman to receive an Ivor Novello Award in 1973 for her ballad Won’t Somebody Dance With Me.
Lynsey also represented the UK in the 1977 Eurovision Song Contest with the song Rock Bottom and was a valued trustee of PRS for Music Members Benevolent Fund.
PRS for Music Foundation executive director Vanessa Reed said: ‘I’m delighted to be collaborating with PRS for Music Members Benevolent Fund on this new prize which will help young female singer-songwriters to work on new material and develop their career with the support of a mentor. Lynsey was determined to make her voice heard both as an artist and as PRS Board member for the last 8 years of her life. I'm sure she would have been proud of this prize and its encouragement of the next generation.’
Dame Esther Rantzen added: ‘Lynsey was a pioneer, the first woman to win an Ivor Novello award. She was an artist in every sense, she could paint, compose music, write words, sing and play – and she was the most loyal, kind and entertaining friend. We who had the privilege of knowing her still miss her every day. But we are thrilled that thanks to her colleagues at PRS and its associated charities Lynsey’s legacy will be an inspiration for other artists who can follow in her footsteps.’
PRS for Music chair Guy Fletcher said: ‘Lynsey was an inspirational and pioneering female songwriter who was immensely talented, passionate and an important role model at PRS for Music. The Lynsey de Paul Prize is a wonderful reminder of Lynsey’s achievements and generous personality. I look forward to seeing how this prize will help the next generation of PRS members.’