AGFUND International Prize for Pioneering Human Development Projects was established in 1999 by the Arab Gulf Programme for Development (AGFUND), with the aim of inciting and encouraging innovation and creativity in the areas of human development. The idea of the Prize was stemmed from AGFUND’s approach to enhance development performance and support key development projects in order to achieve the goal of sustainability and investment in people.
In this sense, AGFUND Prize is considered to be the first initiative of its kind to identify successful development projects, reward them and disseminate their innovative ideas to best contribute to the improvement of development work. It is also an innovative approach and a strategic instrument to exchange successful experiences to strengthen the mechanisms of development cooperation and project funding with special emphasis on the most prominent factors that militate against development and affect the vulnerable groups, particularly women and children in developing countries. These include poverty, social exclusion, socio-economic marginalization, education and health.
AGFUND Prize aims to:
- Support the distinguished efforts aiming at developing and promoting the concepts and dimensions of human development.
- Highlight the best practices in development, which aim to improve the living conditions of the poor and the disadvantaged with particular emphasis on women and children.
- Disseminate and circulate the successful development experiences and enhance their exchange to develop better mechanisms to find solutions to the problems of poverty, marginalization and socioeconomic exclusion of vulnerable groups
Prize awards and categories:
The AGFUND Prize comprises:
- Cash amount of US$ 500,000 (Five hundred thousand dollars) distributed as follows:
- First category: US$ 200,000
- Second category: US$ 150,000
- Third category: US$ 100,000
- Fourth category: US$ 50,000
- Certificate of Recognition and trophies given to all winning projects in all categories.
AGFUND Prize is consisted of four categories:
First Category: Projects that are funded, designed and implemented by UN agencies or international and regional NGOs.
Second Category: Projects that are funded, designed and implemented by national NGOs.
Third Category: Projects that are funded, designed and implemented by government ministries and public agencies.
Fourth Category: Projects that are funded, designed and implemented by individuals.
Each year, the Prize Committee selects the thematic focus for the Prize, taking into account the diversification and non-repetitive of themes. The objective is to highlight the innovative experiences and to continuously support the distinguished efforts in various field of development. The Prize themes always focus on the promotion of human knowledge in the field of human development and its proper management.
The Prize shall be handed over to the heads of the winning organizations and the concerned ministers (in case of governments’ projects), in an annual ceremony, to which representatives of the local and international development organizations located in the hosting country, development experts and specialists, diplomats, and media representatives are invited.