From Yahoo:

At a packed Paramount Theater this evening, the SXSW Film Festival, now at the halfway mark, handed out their big film awards. The fest’s two big competition jury prizes went to director Ana Asensio’s “Most Beautiful Island” …

Shot in super 16mm, it tells the story of undocumented female immigrants struggling to start a life in New York. It is a feature film debut for Asensio, who also stars and wrote the screenplay. “Island” is being billed as a dramatic thriller and was produced by the New York horror master Larry Fessenden’s Glass Eye Pix.