Project ID 469GLO4002

UNESCO-Bangladesh Bangabandhu Sheikh Mujibur Rahman International Prize for the Creative Economy was established by the 210 Executive Board in Dec. 2020. It offers a monetary reward of US$50,000 on a biennial basis to exceptional initiatives of an institution or another entity or NGO which devised/delivered innovative projects/programmes that promote youth entrepreneurship in the creative economy. The Prize is funded by the Government of Bangladesh and contribute directly to UNESCO's Global Priority on Gender Equality and UNESCO's Operational Strategy on Youth. The inaugural rewarding ceremony is planned during the 41th session of the General Conference in November 2021.

  • On-going
  • Multi-donor

USD 300,000

Total Project Budget

USD 237,525

Total Incurred Expenditures


Start Date 2021.02.03
End Date 2023.12.31
Benchmark as of 2023.06.30

Geographical Scope and Beneficiaries

Country Allocation


Financial plan

Type of Funding Uses of Funding Sources of Funding Project Budget (USD) Incurred Expenditures (USD)
Voluntary Contribution - Flexible Funding Culture Multi-donor 300,000 237,525

Project contributes to

Contribution to UNESCO Results Framework 2022-2025
Sector: Culture
Outcome 5 - Enhance the protection and promotion of the diversity of heritage and cultural expressions Output: 5.CLT5 - Member States and civil society capacities strengthened to protect and promote the diversity of cultural expressions through dynamic and inclusive cultural and creative industries
Contribution to Sustainable Development Goals
  • 100%
UNESCO Global Priorities and Priority Groups
  • Gender Equality | 35%
  • Youth | 10%