The Prize is a highly regarded tribute awarded to the glass artists or masters who outstandingly distinguished themselves with their work proceeding in the wake of the Muranese tradition or else, abroad, in different schools and techniques. The Prize, awarded every year, is an essential part of Glass in Venice, the project started in 2012 and arisen from the collaboration between the Istituto Veneto and the Fondazione Musei Civici di Venezia.

The Glass in Venice project is enriched by a new prize thanks to the agreement between the Istituto Veneto di Scienze, Lettere ed Arti and Riedel Crystal, an Austrian company of centuries old family tradition in the production of goblets and decanters in blown crystal. 
This is the second year of the Riedel Award, an international competition for young artists and designers under 30.