Serpentine and The FLAG Art Foundation Announce U.K.’s Largest Contemporary Art Prize

The decade-long collaboration aims to support artists worldwide and includes a £200,000 award

Contemporary art gallery with large turquoise canvas featuring three abstract yellow flowers and a red sphere sculpture.
The FLAG Art Foundation, 2025. Photo: Steven Probert

Serpentine and The FLAG Art Foundation have come together to support artists worldwide in a decade-long collaboration that includes a £200,000 award, which is the U.K.’s largest contemporary art prize ever granted to a single recipient. The prize will be awarded biennially to a single artist, nominated and chosen by a rotating jury of internationally renowned curators, art historians, and fellow artists. The recipient will also be featured in  a solo exhibition that will first debut at either Serpentine or The FLAG Art Foundation, and then will be reimaged at the other location.

“This partnership marks FLAG’s most significant commitment to artists beyond the United States and we could not be happier to do so with Serpentine,” says Glenn Furman, Founder of The Flag Art Foundation. “By collaborating with Serpentine to create this prize, we are reaffirming our institutional commitment to champion contemporary artists and to continue providing new opportunities for those artists to share their work with art-lovers everywhere. We look forward to unveiling the forthcoming program of exhibitions and announcing the jury in the months ahead.”

Exterior view of a brick building with tall windows and white columns under a clear blue sky.
Serpentine. Photo: Andy Stagg for Serpentine

To be considered, artists must be exhibiting professionally for less than ten years, and working to grow their international museum and gallery exhibitions, including gallery representation, awards, critic reviews, grants, and publications. “This partnership deepens our shared mission to forge new connections between artists and audiences while nurturing transatlantic dialogue,” says Bettina Korek, CEO of Serpentine. “The alliance provides global artists with the space and support to expand their practice, inspired by Zaha Hadid’s enduring spirit of experimentation. We couldn’t be more delighted to collaborate with The FLAG Art Foundation on this shared vision for the future.”  

The first artist will be selected in 2026, with the inaugural exhibition set to open at Serpentine in London in fall 2027 before traveling to FLAG in New York in spring 2028.