A globally acclaimed contemporary art event, the Prague Biennale was founded in 2003 by Helena Kontova and Giancarlo Politi and is organised by the Nadace Prague Biennale Foundation (established in 2004). 
After the pioneering first edition, organised along with the National Gallery in 2003, three successful editions followed in the grandiose industrial space of Karlin Hall, in the futuristic Microna skyscraper and at the Žižkov Freight Station,  finally revitalising the vibrant district of Žižkov. The principal goal of the event in all its previous editions was to explore and capture the current trends on the contemporary art scene in the Central and Eastern European Region and present the best artists and curators to experts as well as to the general public.
Since joining the Magic Carpets European Creative Platform end of 2017, the Prague Biennale Foundation has launched a new, more concentrated annual series of the Prague Biennale Project. At the forefront of the new model, with a variable structure that reinvents itself from year to year, there are community based site-specific projects and implementations focused on the transformation of public space.

Subtitled Re-connect Art, the current fifth edition of the Prague Biennale Projekt will examine the identity of homo digital and the specifics of self-presentation in the virtual domain. The project aims to challenge the city's public space through live artistic interventions and to stimulate an open debate on current issues through confrontation with world art.

​

The curators of the current edition of the festival are Jitka Hlaváčková and Elis Unique.