The Folio Society has been named the official sponsor of an unprecedented new award in fiction – The Folio Prize
The announcement took place at a launch ceremony at the British Library, Wednesday 13 March 2013.
Worth £40,000, The Folio Prize will recognise and celebrate the best English-language fiction from around the world, published in the United Kingdom in any given year regardless of form, genre or the author’s country of origin. It is the first such book prize and the inaugural award will take place in March 2014.
A unique aspect of The Folio Prize is the Academy. A body of over 100 highly respected writers and critics from around the world, The Folio Prize Academy will play a key role in the process by which books are selected and considered each year. Every year, the five judges who will decide on the winning book will be drawn from the Folio Prize Academy.
The Folio Prize Academy reads like a Who's Who of literature today, with such celebrated figures as Margaret Atwood, John Banville, A. S. Byatt, Peter Carey, J. M. Coetzee, Michael Cunningham, Bret Easton Ellis, Sebastian Faulks, A. L. Kennedy, Ian McEwan, Michael Ondaatje, Philip Pullman, Salman Rushdie, Zadie Smith, Colm Tóibín and Jeanette Winterson.
Sponsorship of The Folio Prize is something of which The Folio Society is very proud – it represents an exciting opportunity to promote the best fiction in the English language today.