Every year, a selected panel of judges will review every entry and the winner is announced at the Yanghyun Prize awards ceremony held every October.
The Prize, awarded each year to an artist for his or her significant achievement, rewards a cash prize of KRW 100,000,000 and a chance to showcase a full exhibition
at one of the world's most renowned galleries or museums of the winner's choice within 3 years of receiving the prize.

Yanghyun Art Lecture

Yanghyun Prize opens an engaging array of public lecture programs every year.
Lecturers are recognized professionals in their own fields of art
and the lecture brings deeper insights on the work by the that year's Laureate.
The lecture is designed to bring the public closer to the artist's work by letting the public experience and share the thoughts of the artist first-hand