The winner of the alternative South Super Saturday National Carnival Chutney Soca Monarch competition will take home a Ford Fiesta car valued at $186,000 and a $50,000 recording contract.

The second place singer will receive $75,000 and third place $50,000.

The fourth to 16th place will receive $10,000 each. And, a patron can also win a door prize of a Nissan March.

Entrance fee is $50 in advance and $100 at the door.

This was announced on Thursday by show promoter Ian Atherly, a former mayor of San Fernando and current chairman of the board of PLIPDECO.

Atherly also revealed the names of the artistes competing at the show, carded for February 18.

The show will be held at Skinner Park, San Fernando, and is meant to replace the Chutney Soca Monarch competition which has been relocated by show promoter George Singh to the Queen's Park Oval in Port of Spain.

Artistes on Thursday attended a draw for positions to sing in the competition dubbed "The People's Chutney Soca Event".

Despite some negative feedback, Atherly and his committee have bagged big sponsors.

He said: "I am not in war with anyone who choose to say that they will not support this event."

Atherly said the committee had high hopes that Arts and Multiculturalism Minister Winston Peters would open the event.

He said it would have been nice for Peters to inform the committee that the State could not fund the competition based on the State's financial position.

Peters has said the budget for Carnival has already been exhausted. Atherly said the committee's concern was strictly to fill the entertainment void in the absence of Singh's show.  

Sixteen chutney soca artistes are carded to perform in the competition on February 18.