The figures have been revealed in the IFPI's Global Music Report 2024.
The winner will perform on one of the festival's main stages and receive a £5,000 Talent Development prize from PRS Foundation.
The deadline for applications falls at the end of the month.
Roberto will formally take up the role next month.
'I’m in love with music — all I ever wanted to be was an artist.'
It's the second consecutive year that PRS for Music's CEO has featured in the annual celebration of high-achieving women from every sector of the industry.
This year's festival will take place from 15-18 May.
'I am so grateful to be recognised as a songwriter as this is a craft I am so passionate about.'
The new partnership will enable more songwriters and composers to get access to seasoned industry mentors.
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