UNESCO Prize on Creative Economy

UNESCO is to launch an international prize in the creative economy field in the name of Bangabandhu Sheikh Mujibur Rahman. The UNESCO-Bangladesh Bangabandhu Sheikh Mujibur Rahman International prize is to be launched from November 2021. 2021 has been declared as ‘International Year of Creative Economy for Sustainable Development’ by UNESCO. Currently there are only twenty-three UNESCO International Awards in the name of international celebrities and organisations. For the age of the organizations, the numbers are very few. Thus, the UNESCO-Bangladesh Bangabandhu Sheikh Mujibur Rahman International prize has its own significance.

About UNESCO Prize on Creative Economy

The prize will create knowledge sharing mechanism by capturing, celebrating and communicating the best practice in developing creative entrepreneurship. The prize will be fifty thousand USD and is to be given once in every two years.

The award will recognise exceptional initiatives taken by cultural workers and organizations in the development of creative economy. Also, the prize will create an opportunity to spread the ideology of Bangabandhu Sheikh Mujibur Rahman and will inspire the cultural workers to develop creative economy.

What is Creative Economy?

Creative economy is an economic system in which value is based on use of creative imagination rather than the traditional factors of land, capital and labor. The concept was given by John Howkins in 2001. This form of economy occurs only when the creativity of the person becomes a major source of value and main cause of transaction.

Bangabandhu Sheikh Mujibur Rahman

He is also called the “Father of Bangladesh”. He was the first President of Bangladesh. He also served as the Prime Minister of Bangladesh from April 17, 1971 till his assassination on August 15, 1975. Bangabandhu was a leading figure in the Awami League that was founded in 1949. Awami League was a political party in the then East-Pakistan (now Bangladesh). He became the central figure leading the Bangladesh Liberation Movement and the Bangladesh Liberation war in 1971.


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