The Young Masters Art Prize announces the shortlisted artists for the third edition of the award. The Prize celebrates contemporary artists from all over the globe who pay homage to the skill and traditions of the past. For the first time these artists will be joined by an additional 15 ceramicists, shortlisted for the inaugural Young Masters Maylis Grand Ceramics Prize.

Amongst the shortlist is commercial photographer for Rolling Stone and GQ , Red Saunders, who has produced photographs inspired by the paintings of Rembrandt, Velazquez and Caravaggio; textile designer Alice Palmer who uses industrial machines to create knitted artworks in a tapestry style; and young painter Caterina Voltolini whose self-portraits take influence from the style of Italian artists Fra Angelico and Giotto.

The Young Masters Art Prize was established by gallerist Cynthia Corbett in 2009. This year the shortlist has been selected from over 300 applications and the winner will be selected by a panel of judges comprising art historian and journalist, Godfrey Barker (Head Judge); Secretary and Chief Executive of the Royal Academy of Arts, Charles Saumarez Smith; Founder of Sphinx Fine Art, Roy Bolton; international collector, Werner Grub; Founder and Director of Fluff PR, Ben Austin; and Associate Director of the Young Masters Art Prize, Daisy McMullan.

The artists will participate in two exhibitions at Sphinx Fine Art and Lloyds Club, London between September and December 2014, curated by young collaborative duo R/E Collective and featuring previous winner Lottie Davies as a guest artist. On Wednesday 29 October, at a VIP event sponsored by Baydonhill, the judging panel will award three prizes: an overall prize of £1,500, and two highly commended prizes of £500 each, kindly donated by the Artists’ Collecting Society. The winning artists will also be invited to exhibit in a showcase of their work abroad, as part of the 2015 Young Masters International Tour.

Thanks to the generosity of James and Maylis Grand, 2014 also sees the launch of the Young Masters Maylis Grand Ceramics Prize. The Prize will award £1,500 to an artist who shows exceptional command of ceramics, alongside an awareness of the heritage of ceramic craft. The Prize will be awarded by an expert panel of judges comprising Show Director of Collect, Daniella Wells; curator and collector, Preston Fitzgerald; and collector Maylis Grand.

American artist Chris Antemann, known for her contemporary parodies of 18th century porcelain figurines, will be exhibiting as a guest artist, courtesy of Meissen Couture® - Europe’s most tradition-rich house of fine art and hand-crafted luxury.

The 30 artists shortlisted for the Young Masters Art Prize 2014 are:

Alice Palmer, Ana Teles, Anum Jamal, Bex Massey, Caterina Voltolini, Chantal Powell, Charlotta Janssen, Christopher Stacey, Dene Leigh, Eleanor Watson, Elisabeth Caren, Elise Ansel, Evewright, Fabiano Parisi, Gillian Hyland, Hannah Williamson, Johann de Wet, Jonathan Paul Davies, Julie Roch-Cuerrier, Juergen Wolf, Marwane Pallas, Michal Cole, Nick Cuthell, Nick Simpson, Oliver Jones, Phillip Hua, Red Saunders, Robert Hodge, Saskia Boelsums and Sophie Harris-Taylor.

The 15 artists shortlisted for the Young Masters Maylis Grand Ceramics Prize 2014 are:

Andrew Deem, Amy Hughes, Angela Speight, Christabel Birbeck, Claire Partington, Dana Lazarus-Cass, Jane King, Jo Taylor, Jongjin Park, Kevin Callaghan, Matt Smith, Penny Byrne, Sun Ae Kim, Tamsin van Essen and Zemer Peled.

The Young Masters Art Prize 2014 and the Young Masters Maylis Grand Ceramics Prize 2014 will be at Lloyds Club, London from 16 September to 5 December 2014, and at Sphinx Fine Art from 14 to 31 October 2014.