UNESCO’s new Prize in the name of Bangabandhu Sheikh Mujibur Rahman

The United Nations Educational, Scientific and Cultural Organisation (UNESCO) has announced to launch its ‘UNESCO-Bangladesh Bangabandhu Sheikh Mujibur Rahman International prize’ in the field of ‘creative economy’.  The UNESCO will start giving prize from November 2021.

Purpose of the prize

The UNESCO will launch the prize to create a knowledge-sharing mechanism. It will celebrate, capture and communicate the best practice in developing the creative entrepreneurship.

Prize Money

The UNESCO has decided to keep the international prize money at 50 thousands dollars. It will be given by the UN agency once every two years. It will be utiilized for the global economic initiatives of the youth.

UNESCO Award

The UNESCO has declared 2021 as an ‘International Year of Creative Economy for Sustainable Development’. Currently, UNESCO give 23 international awards in the name of international organisations and celebrities.

Significance of the prize

The prize will recognise the exceptional initiatives taken by organisations and cultural workers. It will help in developing the creative economy that means an economy activity that depends on the creativity of individual for its economic value. It occurs when the person’s creativity is the major source of value and transaction.

Bangabandhu Sheikh Mujibur Rahman

Sheikh Mujibur Rahman was a Bangladesh politician and statesman. He is called as ‘Father of the Nation’ in Bangladesh. He had served as the first President of Bangladesh. He also served as Prime Minister of Bangladesh from 1971 to 1975. He was also a prominent leader of Awami League that was founded in the year 1949. He also took active participation in the Bangladesh Liberation Movement and war in 1971.