It is a struggle for artists to get paid, but surely  no artist in their right mind would want to accept a prize from a company with a reputation like Trafigura’s. That would be, ah,  toxic to any emerging artist’s career, don’t you think?:

Young Masters will also officially launch an Art Prize which will be continued by the Trafigura Foundation each year.  The Art Prize, totaling £4,000, will be awarded to the most talented artist as judged by a panel of highly respected arts professionals.  Young Masters is curated by Constance Slaughter and Beth Colocci and is supported by corporate sponsors Trafigura, AXA and Brakes Group.

Go to RSA Arts & Ecology