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IDB launches third edition of Juscelino Kubitschek Award

The award recognizes the contribution of $100,000 of the institutions in the economic and social development of Latin America and the Caribbean

Since its establishment in 2008, the IDB is once again inviting nominations for the Juscelino Kubitschek Award of Merit to recognize regional best practices and leading institutions which are seeking to promote economic and social development in Latin America and the Caribbean. The Kubitschek Award highlights outstanding work and extraordinary commitment towards eliminating poverty and bringing greater economic opportunity to Latin America and the Caribbean. The deadline for submissions is June 17, 2013.

During the 2013 call for nominees, IDB is seeking innovators in fields of economics and finance, as well as from the social, cultural, and scientific areas to receive $100,000 in prizes. Proposals may be submitted online through the IDB website Juscelino Kubitschek.

Juscelino Kubitschek was a forward thinking politician who served as President of Brazil from 1956-1961. He created high-impact initiatives that improved economic development in Latin America and the Caribbean. Notably, President Kubitschek was among the leaders who proposed the establishment of the world’s first multilateral development institution in the region, the Inter-American Development Bank in 1959. The IDB has since become the leading source of long-term development financing for the region. IDB President Luis Alberto Moreno marked the Bank’s 50th anniversary in 2008 by establishing the award to honor Kubitschek’s legacy.

The most recent recipients of the Kubitschek Award were honored during the annual meeting of the IDB’s Board of Governors in Montevideo, Uruguay in March 2012. The prize for economics and finance went to the Center for the Implementation of Public Policies for Equity and Growth (CIPPEC) of Argentina and the Salvadoran Foundation for Economic and Social Development (FUSADES). The social, cultural and scientific category prize went to the Mexican Institute for Research on Family and Population (IMIFAP) and the Salesian Project for the Street Children of Ecuador.

It has become a critical distinction to receive the award because it highlights nominee’s work and commitment to raising poverty lines and bringing equality to Latin America and the Caribbean.

Individuals and institutions can make nominations by including a detailed description of contributions and efforts on a form available on the IDB website. The deadline for the Kubitschek Award nominations is June 17, 2013.

Do you know an institution that has changed your life? Nominate it for the #JKawards #contest and pay it foward.

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