Future Generation Art Prize 2012

Entries are open for those who wish to participate in the second edition of the Future Generation Art Prize, founded by the Victor Pinchuk Foundation.

The press conference took place last February 6 and counted with the presence of its founder and chairman of the board, the Ukrainian billionaire, philanthropist and art collector Viktor Pinchuk; Eckhard Schneider, General Director at the PinchukArtCentre; Richard Armstrong, Director of the Solomon R. Guggenheim Foundation; Nicholas Serota, Director of the Tate Museum; Damien Hirst and Jeff Koons, both Mentor Artists since the first edition of the Future Generation Art Prize; Cinthia Marcelle from Brazil, Winner of the Future Generation Art Prize 2010.

Open to all young artists worldwide aged between 18 and 35, this biennial Prize provides considerable means to permit the development of an artistic career for the winner, as well as supporting other selected participating artists.

The submission can be made either individually or in group as one participant, being possible for those who are part of a group to also enter individually, but only once for each.

All works of art, regardless of category and media will be accepted within the size limitations as outlined in the EntryForm. Obviously the artist should be keep his/her creativity within the bounderies of good sense and avoid submiting offensive works. It goes without saying that the submited art should be the artist's or group of artists own concept and creation.
The artist will be responsible for providing with due time, the necessary instructions regarding the eventual assembly of works and installation, two months before the opening of the Prize Exhibition but in any event not later than August 30, 2012.

The organizers of the Future Generation Art Prize 2012 will cover all costs of crating, for which the participant agrees to pass all dimensions and
specifications of the artwork(s), transportation and customs formalities when shipping artworks to/from Kiev for exhibition in accordance with separate agreements with the participant, as well as the insurance of the artwork(s) nail-to-nail according to the value given by the participant for the complete period of the loan. The artist will be responsible for providing all the required information for customs formalities and agrees to sign any relevant separate contracts required for customs clearance during transportation to the Prize Exhibition according to all applicable laws.

Submissions can be made online between 6 February and 6 May 2012, until 4:00 PM (CET).

A shortlist of twenty artists will be announced in June 2012 and the exhibition of their works will take place at the PinchukArtCentre between October 2012 and January 2013. These artists will participate by showing the existing artworks they highlighted in their applications and may, if agreed with the Organizers, also create new works specifically for the Prize Exhibition.

The winner of the national PinchukArtCentre Prize will also participate, bringing the
maximum number of artists in the Prize Exhibition to 21.

In December 2012, will take place the Future Generation Art Prize 2012 Award Ceremony, where the winning artist or collective artists will be awarded with a prize split into US$60,000 in cash and US$ 40,000 to invest in the production of new work.

The jury will also award up to five "Special Prizes" to support young talents. The
Special Prizes will not be bound to a financial award but rather serve above all to support the further development of the artists in the form of residences in different art contexts. At the Organizers sole discretion up to a total of US$ 20,000 can be invested for about five Special Prizes.

The Future Generation Art Prize was announced for the first time in December 2009 by Viktor Pinchuk at the Gramercy Park hotel in New York.