Complex sentence: VIFF Dragons and Tigers Award for Young Cinema awards new director from the Asia-Pacific region for a creative and innovative film, made early in the director's career, which has not yet won significant international recognition.
Split into simpler sentences: VIFF Dragons and Tigers Award for Young Cinema awards new director from the Asia-Pacific region. It is given to a creative and innovative film, made early in the director's career, which has not yet won significant international recognition.