The GEA-Award committee’s decision was based on Yunus’ distinguished efforts at highlighting the culture of entrepreneurship
The only Bangladeshi Nobel laureate Dr Muhammad Yunus, has been selected for the 2nd Global Entrepreneurship Award (GEA-2014).
He was selected for the award under the umbrella of the Centennial Fund (CF) chaired by Prince Abdulaziz bin Abdullah, deputy minister of foreign affairs in the Kingdom Saudi Arabia, reports Arab News.
Abdulaziz Al-Mutairi, the secretary-general of the award, made the announcement on Tuesday.
Yunus won the award for the best leading figure category.
He said the GEA-Award committee’s decision was based on Yunus’ distinguished efforts at highlighting the culture of entrepreneurship.
Al-Mutairi, however, did not disclose the name of other winners.
The reports said some 600 candidates from 42 countries had submitted their entries in six different categories this year for the best action plan, the best feasible project idea, the best pioneering project, the best mentor and guide, the best existing project and the best leading figure.
According to Al-Mutairi, the awards presentation ceremony will be held on November 3.
A large number of economists from Gulf States and across the world are expected to be attended in the programme.
Prince Abdulaziz will give away awards totaling SR1m for the distinguished works, Al-Mutairi said.
“The launch of the award is a continuation of the efforts of the Kingdom’s leadership that reflects Prince Abdulaziz’s efforts to help young people realise their ambitions and shape their own future.”
The CF head said the prize distribution ceremony will coincide with the launch of the first World Conference on Entrepreneurship, and the start of the 3rd World Global Week’s events for Entrepreneurship Guidance in its third season.
Al-Mutairi underlined the role played by the international jury in all branches of the award and the integration of work with other committees that operate according to a plan of the CF’s awards committee.
He added that the winning projects were evaluated by members of the jury consisting of experts from within the Kingdom and abroad.
Source: Dhaka Tribune
