The Prize aims to RECOGNIZE, ENCOURAGE, INSPIRE and REWARD women’s participation in the socio-economic development process.
It aims to;
a. Recognize
• the important role of women in IDB member countries and Muslim communities in non-member countries all over the world
• contributions made by individuals or organizations to improve the socio-economic status of women in IDB member countries and Muslim communities in non-member countries
b. Encourage
• efforts for improving women’s access to education, health and economic resources to help them become active participants in developing their economy and society
• individuals and organizations that offer grants and resources to work towards promoting the socio-economic development of women in their societies
c. Inspire
• women by promoting exemplary role models
• other individuals and organizations in the IDB member countries and Muslim communities in non-member countries to actively engage in all projects aiming at developing women and building their capacities
d. Reward
• individuals and organizations that are committed to improving the well being of women
Award
The Prize consists of two cash awards;
a) U.S. $ 50,000 for a woman or a group of women
b) U.S. $ 100,000 for an organisation
The Prize is awarded during the Annual Meeting of the IDB Board of Governors.
Scholarship Application Deadline: 15 February 2011
