The Future Generation Art Prize is a biannual global contemporary art prize to discover, recognize and give long-term support to a future generation of artists. Established by the Victor Pinchuk Foundation in 2009, the Prize supported the artistic development and production of new works of over 100 artists in exhibitions at the PinchukArtCentre in Kyiv and as official collateral events at the Venice Biennale in 2011, 2013, and 2017.
All artists aged 35 or younger from anywhere in the world, working in any medium are invited to apply for the Prize. An outstanding selection committee, appointed by a distinguished international jury, reviews every application and nominates 20 artists for the short list.
The main prize winner receives USD 100,000 split between a USD 60,000 cash prize and a USD 40,000 investment in their practice. There are also special prizes, up to 5 special prizes are awarded at the discretion of the jury. A total amount of USD 20,000 will be awarded to special prize winners for supporting projects that develop their artistic practice.