The Tasmanian Portrait Prize is a prestigious award for Tasmanian artists, aged 30 and under.

The prize, which started in 2008, is open to artists across many disciplines, with past award recipients working in mixed media, print, photography, painting, video and drawing. The objective of the award is to foster the development of emerging Tasmanian artists and provide an opportunity for the public to appreciate their talents. As well as an opportunity to exhibit their works in a professional exhibition, the award offers a monetary incentive to assist the artist in their endeavours.