Folio Prize

The Rathbones Folio Prize, previously known as the Folio Prize and The Literature Prize, is a literary award that was sponsored by the London-based publisher The Folio Society for its first two years, 2014–2015.[1] Starting in 2017 the sponsor is Rathbone Investment Management.[2]

The Rathbones Folio Prize
Awarded forLiterature published in the UK
Sponsored byThe Folio Society (2014–2015), Rathbone Investment Management (2017– )
Reward(s)£30,000
First awarded2014
Last awardedActive
Websitehttp://www.thefolioprize.com/

Folio Prize

The prize came into being after a group in Britain "took umbrage at the direction they saw the Booker Prize taking – they saw it leaning toward popular fiction rather than literary fiction."[3] The prize was compared as a rival of the Man Booker Prize by the media.[4] Margaret Atwood said the Folio Prize is "much needed in a world in which money is increasingly becoming the measure of all things."[5] Mark Haddon said it was "not a mechanism for generating publicity by propelling a single book into the spotlight but a celebration of literary fiction as a whole."[5] The co-founders are Andrew Kidd and Kate Harvey.[6]

The Folio Prize during the first two years was presented to an English-language book of fiction published in the UK by an author from any country. Prior to its launch it was called the "Literature Prize" as a placeholder until a sponsor was found; then renamed the Folio Prize in 2014, for the Folio Society, a publisher of special editions of classic literature.[3] The prize remuneration in the first two years was £40,000. For 2017 and 2018 the prize amount was £20,000 and starting in 2019 it was increased to £30,000.[7]

Beginning with the 2017 Rathbones sponsorship, the prize was awarded to the best new work of literature published in the English language during a given year, regardless of form (fiction, non-fiction and poetry).[8] The Rathbones sponsorship supports a number of initiatives generated out of The Folio Academy, the group of writers who form the Prize's de facto governing body. Initiatives include a new Academy mentorship scheme, in association with the charity First Story, which will mentor aspiring young writers, as well as a series of Rathbones Folio Sessions throughout the year in the form of literary workshops, lectures and debates.[2]

The jury for the prize is called the Academy, a body of more than 250 writers and critics that includes Margaret Atwood, Peter Carey, A. S. Byatt, Zadie Smith and J. M. Coetzee. Books are nominated by members of the Academy, three each, ranked. Points are given to each book depending on how many first, second or third rankings are earned. The top scoring books are made into a longlist of 60 books (80 in the first two years). The list of nominated titles is then judged by a panel of three to five judges drawn from the Academy who select a shortlist of eight and the final winner.[5][3][4][9]

Winners and shortlists as the Folio Prize

Blue ribbon () = winner

2014

The shortlist was announced on 10 February 2014,[10][11] and the winner was announced 10 March. Lavinia Greenlaw was Chair of the jury comprising writers Michael Chabon, Sarah Hall, Nam Le and Pankaj Mishra.[10]

2015

The shortlist was announced on 9 February 2015.[14] The winner was announced 21 March. William Fiennes was Chair of the jury comprising The Observer writer Rachel Cooke and writers Mohsin Hamid, AM Homes, and Deborah Levy.[15]

2016

No prize.[16]

2017

The shortlisted was announced in early April 2017. It was the first year non-fiction was included in the running.[17] The winner was announced May 25.[18] Ahdaf Soueif was Chair of the judging panel comprising Rachel Holmes and Lucy Hughes-Hallet.[18]

2018

The shortlist was announced in late March 2018.[19] The winner was announced 8 May.[20] Jim Crace was Chair of the judging panel comprising Nikesh Shukla and Kate Summerscale.[21]

2019

The longlist was announced in late March.[22] The shortlist was announced 4 April.[23] The winner was announced on 20 May.[24] The judging panel comprised Kate Clanchy, Chloe Aridjis and Owen Sheers.[25]

2020

The shortlist was announced on 25 February 2020.[26] The winner was announced on 23 March 2020. Mexican writer Valeria Luiselli is the first woman to win the prize.[27] Paul Farley chaired the judging panel, which comprised Nikita Lalwani and Ross Raisin.[28]

References
  1. Sarah Shaffi (18 May 2015). "Folio Society drops prize sponsorship". The Bookseller. Retrieved 22 May 2015.
  2. Page, Benedicte (13 December 2014). "Investment company Rathbones to sponsor Folio Prize". The Bookseller. Retrieved 14 December 2016.
  3. Kellogg, Carolyn (13 March 2013). "Jacket Copy: Literature Prize launches as $60,000 Folio Prize". LA Times. Retrieved 14 March 2013.
  4. Clark, Nick (13 March 2013). "New literary award The Folio Prize launches as 'Booker without the bow ties'". The Independent. Retrieved 14 March 2013.
  5. Lawless, Jill (13 March 2013). "New kid on the block: Folio Prize aims to challenge the Booker as UK's leading literary award". Associated Press via the Washington Post. Retrieved 14 March 2013.
  6. "Mentorship". Folio Prize. Retrieved 29 January 2019.
  7. "Rathbones Folio Prize increases prize money to £30,000". rathbonesfolioprize.com. 7 February 2019. Retrieved 2 April 2019.
  8. Page, Benedicte (21 October 2016). "2017 Folio Prize to include non-fiction". The Bookseller. Retrieved 14 December 2016.
  9. Capon, Felicity (14 March 2013). "The Literature Prize becomes The Folio Prize as its sponsor is revealed". The Daily Telegraph. Retrieved 14 March 2013.
  10. "The 2014 Folio Prize Shortlist is Announced". Folio Prize. 10 February 2014. Retrieved 13 February 2014.
  11. Wood, Gaby (10 February 2014). "Folio Prize 2013: The Americans are coming, but not the ones we were expecting". The Daily Telegraph. Retrieved 13 February 2014.
  12. Ron Charles (10 March 2014). "George Saunders wins $67,000 for first Folio Prize". Washington Post. Retrieved 11 March 2014.
  13. "Tenth of December by George Saunders wins inaugural Folio Prize 2014" (PDF). Folio Prize. 10 March 2014. Archived from the original (PDF) on 11 March 2014. Retrieved 11 March 2014.
  14. Brown, Mark (9 February 2015). "Folio prize shortlist shows literary novel is far from dead, says head judge". The Guardian. Retrieved 9 February 2015.
  15. Brown, Mark (23 March 2015). "Akhil Sharma wins Folio prize for fiction". The Guardian. Retrieved 23 March 2015.
  16. "The Folio Prize 'suspended' for 2016". The Guardian. 30 September 2015. Retrieved 14 May 2017.
  17. Cain, Sian (6 April 2017). "Folio prize returns with nonfiction joining novels on the 2017 shortlist". The Guardian. Retrieved 6 April 2017.
  18. Goyal, Sana (25 May 2017). "Hisham Matar's memoir wins this year's Rathbones Folio Prize". Live Mint. Retrieved 25 May 2017.
  19. "Rathbones Folio Shortlist 2018". Folio Prize. 28 March 2018. Retrieved 31 March 2018.
  20. "Announcing the Winner of the Rathbones Folio Prize 2018". Folio Prize. 8 May 2018. Retrieved 9 May 2018.
  21. Cain, Sian (8 May 2018). "Ghosts of the Tsunami wins Rathbones Folio prize for deeply felt reportage of 2011 disaster". The Guardian. ISSN 0261-3077. Retrieved 5 April 2019.
  22. Lea, Richard (18 March 2019). "Anna Burns and Sally Rooney on Rathbones Folio prize longlist". The Guardian. Retrieved 2 April 2019.
  23. Anderson, Porter (4 April 2019). "Rathbones Folio Prize Shortlist: Eight Works in Fiction and Nonfiction". Publishing Perspectives. Retrieved 5 April 2019.
  24. "The Winner of the 2019 Rathbones Folio Prize: Raymond Antrobus". Folio Prize. 20 May 2019. Retrieved 20 May 2019.
  25. Lea, Richard (18 March 2019). "Anna Burns and Sally Rooney on Rathbones Folio prize longlist". The Guardian. ISSN 0261-3077. Retrieved 5 April 2019.
  26. Flood, Alison (25 February 2020). "Rathbones Folio prize: Zadie Smith makes female-dominated shortlist". The Guardian. Retrieved 26 February 2020.
  27. Robinson, Annabel (2020-03-24). "Valeria Luiselli Wins 2020 Rathbones Folio Prize for, 'Singular, Teeming, Extraordinary' Lost Children Archive". FMcM Associates. Retrieved 2020-04-01.
  28. Cowdrey, Katherine (2020-03-23). "Valeria Luiselli named first woman to win Rathbones Folio Prize". The Bookseller. Retrieved 2020-04-01.
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