The Bild-Kunst Award for Best Costume Design and Best Set Design is presented during the HoF IFF. It was founded in 1997 as an award for the best production design by the "Film and Television Production Design" course at the HFF Munich and was originally intended as a prize for young talents. In 2010, the award was expanded to include the prize for "Best Costume Design", awarded by the Association of Professional Groups for Production Design and Costume Design (VSK). In addition, the Kulturwerk Foundation of VG BILD-KUNST was acquired as the main sponsor.
Since then, the two prizes have been endowed with € 2,500 each. The awards are among the few endowed prizes for the two trades within the German "film award landscape". The jury selects all feature-length films screened at the festival. The jury is composed of experienced costume and production designers, mainly from the VSK membership, and a representation of students from film schools or VG Bild-Kunst.
The certificates are publicly awarded by the festival management at the HoF IFF during a ceremony in the cinema "Scala". Afterwards, the award winners are celebrated at a public reception hosted by the VSK in the annually redesigned VSK Kiosk.