New big-money prize for groundbreaking literary fiction

The annual £10,000 Goldsmiths Prize will be awarded to creative fiction that opens up new possibilities for the form

It has been set up by Goldsmiths, University of London in association with the New Statesman.

Launching with a reading by Booker-winning novelist James Kelman, The £10,000 award will celebrate inventiveness in creative writing and novel approaches to fiction.

Jonathan Derbyshire, culture editor of the New Statesman, said: 'The New Statesman is delighted to be supporting a prize that rewards invention and innovation in fiction - qualities that the magazine has long promoted in its literary pages. We are especially pleased to be entering into partnership with an institution as forward-looking as Goldsmiths.'

The Goldsmiths Prize is open to novels published between 1 November 2012 and 31 October 2013. It opens to submissions of novels entered by UK publishers on 25 January. The closing date is 22 March.

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