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The PinchukArtCentre Prize is a nationwide contemporary art prize awarded every two years starting from 2009 to Ukrainian artists up to and including 35 years of age. This is the first private award in Ukraine aimed at discovering, supporting, and developing a new generation of young Ukrainian artists.

Thanks to the Prize, the art center strives to ramp up the interest in contemporary art in Ukraine and, by supporting the creation of new works, to form a community of young artists who will be working on the national and international art scenes. In addition, the Prize aims to facilitate Kyiv becoming one of the leading cultural centers of the world.