The Asian Art Award supported by Warehouse TERRADA is a new contemporary art award established to provide assistance for emerging artists in Japan with exciting international prospects in Asia and beyond. The award has five finalists, selected by a panel of five curators, competing for two prizes. These finalists have created new work, which is shown at the award exhibition. A jury of seven leading art world figures will then decide the winners of the Grand Prize and Special Award. In addition to prize money, the winner of the Grand Prize will receive the use of a studio space to create new work as well as the opportunity to show their award-winning exhibit in Singapore and at ART FAIR TOKYO. In this way, the award aspires to form a sustainable framework for building a contemporary art scene in Asia from the perspectives of production, criticism, distribution, preservation, and support.
Five internationally minded curators aged in their thirties and forties each nominated 5 artists or artist groups based in Japan. Through a process of dialogue about contemporary art, a shortlist of 5 finalists was selected from these 25 candidates. For the first iteration of the award, the discussion focused on the activities of artists and curators around Asia, and included consideration of the political and social role of art. During the screening, the 5 judges on the jury selected the finalists through a debate on the three keywords of contemporariness, scalability and physicality, based on their respective expertise and experience.
The works of the 5 finalists will be exhibited of the TERRADA ART COMPLEX in Tennoz, Tokyo from 23 September to 29 October 2017. During the exhibition the winners of the Grand Prize and Special Prize will be decided by a special jury member and selection jury of 7 judges based in Japan, Singapore and China.
Comprising curators, collectors and a researcher from the Agency for Cultural Affairs, the jury will draw on their expertise of current art market trends and future horizons to make their selection.
The winner of the Grand Prize will exhibit in Singapore in January 2018, followed by an exhibition at Art Fair Tokyo 2018 in March.