The Prize was established in 2003 with the aim of promoting the artistic and creative potential of artists under 40. Over the years, the organisation of the competition has boasted numerous collaborations with important national and German exhibition venues, such as the Mart, Museum of Modern and Contemporary Art in Rovereto, the Museo della Permanente in Milan, the MACRO Testaccio in Rome, the Museo civico di Palazzo della Penna in Perugia, the Institut Mathildenhöhe in Darmstadt, the Künstlerhaus in Graz and the Stadtgalerie in Kiel.
The pre-selection of artists, carried out for the first time on the digital platform of the Foundation's website, resulted in the evaluation of more than a hundred applications. Following careful examination of the various artistic positions, the Scientific Committee of the VAF Foundation chose the names of the 13 finalists for the exhibition: Adriano Annino, Antonio Barbieri, Chiara Calore, Valentina Diena, Roberto Fanari, Debora Garritani, Teresa Giannico, Jacopo Ginanneschi, Monica Mazzone, Alessandro Nanni, Davide Quartucci, Michele Tajariol, Beatrice Taponecco.