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Fiction Uncovered prize seeking new sponsorship

In the UK, the Fiction Uncovered prize, which awards British mid-list writers, will not run in 2016 as it is seeking new sponsorship, reports the Bookseller. The prize is administered by online magazine and consultancy company the Literary Platform, and has been funded by the Arts Council England (ACE) since the launch of the prize in 2011, with the support of the Jerwood Charitable Foundation in 2014 and 2015. A total of £40,000 (A$77,780) in prize money, shared equally between eight winners, was awarded last year. Director of the prize Sophie Rochester told the Bookseller that the prize had not sought ACE funding this year as it was looking to shift from ‘a public-funded model to a commercially funded model’ in order ‘to ensure the prize has a more sustainable future’. ‘It is more sustainable to have a commercial sponsor for a longer period of time,’ said Rochester. ‘We are in the process of investigating a new, commercial sponsor and are in conversations with two possibilities at the moment, but these things take quite a long time to finalise.’ The announcement follows a number of UK literary prizes that have sought new sponsorship in the past year, including the Folio Prize, the IMPAC Dublin Literary Award and the Samuel Johnson prize, which has since found a sponsor in Scottish investment company Baillie Gifford.

 

Category: International news