Victor Pinchuk, Ukrainian billionaire and future Bond villain, announced that he’s offering a $100,000 prize to an artist 35 or younger.  The Future Generation Art Prize will be awarded every other year.  Five runners up will be selected for the $20,000 artist-in-residency program and mentored by some of Pinchuk’s collected artists that include Takashi Murakami, Jeff Koons, and Damien Hirst. The contest opens January 18, 2010 and is open to any artist in any country. Twenty artists are then selected for the shortlist to have their work displayed at the Pinchuk Art Centre in Kiev in October and the final winner will be announced in December.

For more info and to apply online visit futuregenerationartprize.org