High Quality Content by WIKIPEDIA articles! The Volpi Cups are awards given to actors at the Venice Film Festival. Awards for best actor and best actress have been given since 1935. In the mid-1990s awards were also given to supporting actors and actresses, and in 1993 an award was given to an entire cast. The cup is named in honor of Count Volpi di Misurata, the founder of the Venice Film Festival.The Venice Film Festival (Italian Mostra Internazionale d'Arte Cinematografica) is the oldest film festival in the world. Founded by Count Giuseppe Volpi in 1932 as the "Esposizione Internazionale d'Arte Cinematografica", the festival has since taken place every year in late August or early September on the island of the Lido, Venice, Italy.