The Future Generation Art Prize is a biannual global contemporary art prize with the aim to discover, recognize and give long-term support to young artists. The prize was established by the Victor Pinchuk Foundation in 2009. The winner is awarded a total of $100,000 (2019), including a cash prize of $60,000 and $40,000 towards the production of new work.
History.
On December 8, 2009, the Victor Pinchuk Foundation announced the establishment of the Future Generation Art Prize, a new large-scale international competition for artists up to 35 years old, with the PinchukArtCentre acting as the organizer. On June 29, 2010, seven members of the Selection Committee featuring competent and global art-professionals, selected 20 artists from more than 6,000 applications coming from 125 countries and divided over all continents. Every two years (with an edition skipping a year in 2016), the PinchukArtCentre holds an exhibition of artists under 35 from around the globe and awards a grand prize. Alongside the central exhibition held at the PinhukArtCentre, the show travels to Venice, Italy as an official collateral event of the Venice Biennale.
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