Each year, the MICF ends its Melbourne run by recognising the most outstanding shows and performers with a series of awards. The Age Critics' Award was presented to the best local act between 2001 and 2010, as selected by reviewers at the Melbourne newspaper
The Age. The award for the most outstanding show of the festival is the
Melbourne International Comedy Festival Award. It was previously called the Barry Award, after comedian
Barry Humphries. However, after comments by him about
transgender people, including describing transgenderism as "a fashion", organisers removed Humphries' name from the prize in 2019. The
Golden Gibbo was established in 2004 in honour of Australian comedian
Lynda Gibson, who died of cancer in 2004. It celebrates a local, independent act that "bucks trends and pursues the artist's idea more strongly than it pursues any commercial lure" The recipient of the Golden Gibbo receives in cash, and the Golden Gibbo statue ("which looks suspiciously like a bottle of shitty red wine"). The award is funded by the
Moosehead Benefit, the other MICF awards include: • Best Newcomer Award (since 2000), •
Piece of Wood Award (since 1998), the comics' choice award; voted on by all previous winners; so named because the award is literally a piece of wood. by grants which pay the MICF registration fee, the first of venue rental, up to A$2,500 for creative support, and up to A$2,000 towards accommodation costs if the recipient lives outside of Melbourne. ==Advertising==