The Hugo Boss Prize is awarded every other year to an artist (or group of artists) working in any medium, anywhere in the world. Since its establishment in 1996, it has distinguished itself from other art awards (e.g. the Turner Prize) because it has no restrictions on nationality or age. The prize is administered by the Guggenheim Museum and sponsored by the Hugo Boss clothing company, which since 1995 has been sponsoring various exhibitions and activities at the museum. It carries with it a cash award of US$100,000 and a tetrahedral trophy.
A jury of five to six curators, critics and scholars is responsible for the selection of the artists. They nominate six or seven artists for the short list; several months later, they choose the winner of the prize. In past years most nominated artists have been little known. In 1996 and 1998, the nominated artists exhibited their work at the now-defunct Guggenheim Soho, where a space on the second floor was named the Hugo Boss Gallery in 1996; since 2000, only the winning artist has shown his or her work.
Read more about Hugo Boss Prize: History of The Prize
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