The biennial awards have called Shepparton home for almost 35 years, showcasing Australia's best emerging pianists and helping launch careers.
For Mr Farid, the competition was life-changing.
“It was a real pivotal point in my life as well as my career,” he said.
“Without that win, I'm not sure where I'd be.”
His career has taken him to New York, but he still feels a lasting connection to Shepparton.
“It's become a second home to me.”
“All the people I've met through the competition are like family to me now.”
Returning as an adjudicator has made this year’s awards particularly meaningful.
“I'm so honoured to be in the judges’ chair along with the others, it is full circle to experience a competition from the other end.”
As part of the selection process, Mr Farid listened to more than 14 hours of performances before helping choose the 14 finalists who will compete in October.
“I think we're in for a treat,” he said.
“You're going to hear the best talent in the country – simple as that.
“You're not going to get that opportunity very often, and the fact that it's here in Shepparton is a huge plus for locals.
“Whether you are an avid classical music listener, or someone who has no experience in classical music, this is a unique experience,” Mr Farid said.
The finalists will compete for $75,000 in prize money during a week-long public recital series at Riverlinks Eastbank from October 5 to 10.
Audiences can expect a diverse program spanning everything from Bach to contemporary classical works.
While the awards celebrate Australia's finest young pianists, they also rely on strong community support to continue.
A lunch was held on July 19 to attract volunteers and sponsors, with Mr Farid performing for attendees.
“It's a tricky time for such events to stay alive all around the country, if not the world,” he said.
“We need all the support we can get.”