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The Verena Foundation Arts Contest in Hydra, in the Saronic: The Verena Foundation, an American Private Foundation, was established in Hydra to promote new artists. Every year, the Foundation organizes an art contest in which all kind of artists can take part. They are usually holding a painting, photograph or sculpture contest for their Art Centre in Kamini.
The winner receives a financial prize and the subject of the contest changes every year. The prize purchases the winning artwork, which is then displayed in the Red House of Hydra, the Foundation's siege.