Press award supported by directors (8)
I believe the answer is:
cupboard
'press' is the definition.
(thesaurus)
'award supported by directors' is the wordplay.
'award' becomes 'cup' (I've seen this in other clues).
'supported by' says to put letters next to each other (letters go below - in down clue).
'directors' becomes 'board' (I've seen this before).
'cup'+'board'='CUPBOARD'
(Other definitions for cupboard that I've seen before include "Locker" , "Storage cabinet" , "Kitchen storage" , "Piece of furniture used for storage" , "Closet" .)