"Purchase and Rent Quality Artworks"... National Museum of Modern and Contemporary Art Announces Art Bank Acquisition Contest

Applications Accepted from March 13 to April 13
Apply Only Once Without Duplication
Selected Works to Be Announced in August

The National Museum of Modern and Contemporary Art announced on the 11th that the 2025 Art Bank and Government Art Bank artwork purchase contest will be held from the 13th of this month until the 3rd of next month.

The Art Bank and Government Art Bank are programs established to support creation and revitalize the art market. The National Museum of Modern and Contemporary Art operates these programs by purchasing artworks and lending them to public institutions and the private sector.

This year's contest targets have been diversified to include mid-career full-time artists, emerging artists, and artists with disabilities.

Applications will be accepted from the 13th until the 3rd of next month through the Art Bank and Government Art Bank website (artbank.go.kr). Only one artwork can be submitted to either the Art Bank or the Government Art Bank.

The contest evaluation will be conducted by a panel of art experts who will comprehensively consider the purpose of the project, originality, artistry, and usability. The selected works will be announced in August through the Art Bank and Government Art Bank website.

Kim Seong-hee, Director of the National Museum of Modern and Contemporary Art, stated, “The Art Bank and Government Art Bank projects, which the National Museum of Modern and Contemporary Art has continued since 2005, have promoted the development of art culture and provided opportunities for the public to experience various contemporary artworks. This year as well, through the artwork contest, we will actively support the expansion of the art population and diverse creators such as emerging, regional, and artists with disabilities.”