The Tate announced a £5m national arts award, given by the Paul Hamlyn Foundation for artists under 25 years of age (Note: the award is not singularly given to one artist). It will involve all four Tate Galleries and kick off in April 2013 with a festival in the Tanks at Tate Modern. The Foundation has granted a total of £200 million since its inception 25 years ago. This grant aims to reach 80,000 young people aged 15–25 over the course of four years. Nicolas Serota, Tate’s director said that “Circuit will spark a long-term transformation in the way young people engage with art.”
Read more via Tate’s website

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