The Studio Hamburg Young Talent Award (Studio Hamburg Nachwuchspreis) was an annual award presented by Studio Hamburg from 1997 to 2019, dedicated to fostering creative young filmmakers. The award provided scholarships for the "Haus der jungen Produzenten" (House of Young Producers) in various categories. Since 2021, Studio Hamburg has co-organized the FIRST STEPS Award, which is recognized as a significant award for film graduates from German-speaking universities.