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IDB launches second edition of Juscelino Kubitschek Award

$100,000 awards recognize contributions of institutions to Latin American and Caribbean development

The Inter-American Development Bank (IDB) is launching the second edition of its Juscelino Kubitschek Award of Merit for Regional Development in Latin American and the Caribbean to recognize the contribution of regional institutions to the region’s development. 

The IDB is seeking nominations for the awards, which are open to institutions from its member countries that have made distinguished contributions to social and economic development of communities in Latin America and the Caribbean in two fields: economics and finance; and the social, cultural, and scientific areas. Winning institutions in each field will receive a $100,000 prize

Institutions may be nominated by individuals, academic institutions, research centers or cultural institutions. Nominations must be submitted online and must include a detailed description of the merits and regional importance of nominees' work or contributions. Nomination forms are available on the IDB website. The deadline for nominations is June 17, 2011

IDB President Luis Alberto Moreno will chair the selection committee and Enrique V. Iglesias, the Secretary General of the Ibero-American Secretariat, will be committee's secretary. The $100,000 prizes will be split if the committee selects more than one winning institution for each field. 

The second edition of the award was launched during the IDB Annual Meeting in Calgary, Canada. The award was created in 2008 to commemorate the IDB's 50th anniversary to underscore its commitment to support efforts to reduce poverty and inequality in Latin America and the Caribbean. 

Juscelino Kubitschek was an accomplished Brazilian politician, who was his country's president from 1956 to 1961. He envisioned a North-South effort to raise living standards in Latin America, an initiative that resulted in the creation of the IDB in 1959. Today, the IDB is the main source of long-term development financing for Latin America and the Caribbean. 

The first edition of the award attracted nominations from 144 organizations in the Americas and Europe. ACCIÓN Internacional, Federación Internacional Fe y Alegría and Associação Vaga Lume were the winning institutions in the first round. 

Proposals may be submitted online through the IDB website Juscelino Kubitschek.

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