Big prices were given in new zealand 4 days ago at the Techno Fashion event in Canterbury.

The description of the event is just another word for Techwear:

Techno Fashion is where technology and fashion combine to create garments worn on the body.
Garments that may even be marketable to the public after the event on November 9th 2006.

And the winner are:
New Zealand Techno Fashion 2006
Supreme Winner 2006
* HITLabNZ Best Functional Design 2006
* Science Alive Best Futuristic Design 2006

Attention: Even if it is TechnoFashion -the site loads so so slow..

But check here for yourself - it's worth it.

Here are the categories and the money included:

Supreme Award Winner
receives
$5,000 cash
Trophy

Best Functional Design
A creation that is functional and marketable to the public as an item they would want to purchase and wear on the street
receives
$2,500 cash
Trophy

Best Futuristic Design
A creation that is outstanding for its futuristic, fantasy qualities (not necessarily functional) and that makes a statement on the catwalk
receives
$2,500 cash
Trophy