XV Jose Iturbi International Piano Competition took place in Valencia, from September 14 to the 30th, 2006. The competition is held every two years and is a member of the Geneva World Federation of International Music Competitions. Pianist Josu De Solaun Soto was given the First Grand Prize, becoming the first Spanish pianist to be awarded such distinction in the 25 years of the competition's existence. The prize included over $25,000, recital and orchestral engagements and a recording contract.