| Baloise Art Prize | |
|---|---|
| Awarded for | Outstanding artwork by a young artist at Art Basel |
| Country | Switzerland |
| Presented by | Baloise Group |
| First award | 1999 |
| Website | baloiseart |
The Baloise Art Prize is a prize awarded to two people each year at "Art Statements" sector of the international Art Basel fair. [1]
The prize is awarded by the Bâloise group (insurance and banking), a company that works to promote contemporary, emerging art. The Prize has been in existence since 1999. Each winner receives CHF 30,000. [2] The winners' acquired works are then donated to a museum in Germany – either the Hamburger Bahnhof – Museum für Gegenwart in Berlin [3] or the Museum für Moderne Kunst in Frankfurt – [4] and the Mudam (Musée d’Art Moderne Grand-Duc Jean), Luxembourg.