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The Kandinsky Prize, named after Russian painter Wassily Kandinsky is a newly-created award, sponsored by the Deutsche Bank AG and the Art Chronika Culture Foundation. It was organized in hopes of developing Russian contemporary art, and to reinforce Russian art’s status within the world. In total, 55,000 euros are awarded to the artist..

It was first given out in December 4, 2007, hosted at the Winzavod Contemporary Art Center in Moscow. Four awards were given. The Young Artist Category is awarded to an artist under 30 and they receive a three months stay in Villa Romana. New Media Project of the year is awarded 10,000 euros. Artist of the Year is awarded 40,000 euros. Audience's Prize is awarded 5,000 euros.

Background

On September 20, 2007, The Deutsche Bank and ArtChronika presented their nominations of over 250 names for the Kandinsky Prize in a press conference. Their work was displayed in exhibitions at Moscow’s Central House of Artist and in St. Petersburgmarker. It was eventually cut down to 50. The winners were announced in December. The objective is to promote contemporary Russian art and to offer insights into the art scene's most important trends and perspective.

"This is a natural progression. In the last two years, we have had the Biennale, art fairs and many exhibitions. With all these events, there comes growth in numbers of art critics, art investors, art foundations and institutes, and so we decided there should also be an art prize," Nikolai Molok, the editor of ArtKhronika.

Winners

2007

Young Artist (aged up to 30)

Media Art Project of the Year

Artist of the Year

People's Choice Award

See also

Turner Prize

References


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