The Baloise Art Prize is a prize awarded to two people each year at “Art Statements” sector of the international Art Basel fair. It 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. The winners’ acquired works are then donated to mumok (MUseum MOderner Kunst) in Vienna and the Hamburger Kunsthalle, Hamburg.
- Courtesy of Art Basel