Deutsche Bank is launching a new studio scholarship entitled “MACHT KUNST! More Space for Creativity”. This will provide 50 artists with a grant of 500 euros per month for twelve months. For artists whose artistic medium is photography or paper, there is also the possibility of a purchase by the Deutsche Bank Collection.
Image above: PalaisPopulaire, Photo: Mathias Schormann
As part of its commitment to contemporary art, Deutsche Bank is launching the new studio grant “MACHT KUNST! More Space for Creativity” in Germany. 50 artists up to and including the age of 35 will be supported with a grant of 500 euros per month for one year. The grant is aimed in particular at young artists at the beginning of their careers who reside in Germany. It is aimed at individuals who work independently as artists – not at associations or organisations.
Britta Färber, Head of Art at Deutsche Bank: “In addition to material and production costs, it is above all the expenses for maintaining a studio that have risen sharply. This affects first and foremost those visual artists who are at the beginning of their careers. With the new studio scholarship, we want to give them – in the truest sense of the word – more room for creativity. Since we focus on contemporary art on paper and photography in the Deutsche Bank Collection, the scholarship holders who work with these media have the additional option of us purchasing a selection of their works.”
Visual artists who meet the eligibility requirements can apply for funding from 23 March 2023 on the website www.socialimpact.eu/atelier-stipendium about the conditions of participation and apply directly for the programme. The deadline for applications is 21 April 2023. The call for applications and selection of scholarship holders will be carried out in cooperation with “social impact”, a non-profit agency for social innovation. The first 50 artists are to be funded from the beginning of June 2023.
About Deutsche Bank’s art sponsorship
Since the 1920s, the bank has had a long tradition of supporting young artists with scholarships. As one of the main sponsors of the oldest German art prize, the Villa Romana Prize, the Bank and its foundations support outstanding artists living in Germany. The Villa Romana Prize includes prize money and a ten-month stay at the Villa Romana in Florence.
The promotion of the arts is part of Deutsche Bank’s “Arts and Culture” division. This is where the bank’s support programmes are bundled and conceptually developed. In cooperation with the business divisions, Art and Culture gives the bank’s clients new access to the world of art and culture. Deutsche Bank sets standards worldwide with its contemporary art programme, whether through its art collection, one of the most important collections of contemporary works on paper and photographs worldwide, through international exhibitions or through the exhibition house of the Deutsche Bank Collection “PalaisPopulaire” in Berlin. For almost 20 years, the bank has been the global lead partner of the art fair Frieze, which takes place in London, New York, Los Angeles and Seoul.
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Thursday, 23 March until Friday, 21 April 2023