The Forward Prize is a prestigious annual award that recognizes outstanding poetry published in the United Kingdom and Ireland. Established in 1992, it aims to celebrate the best new poetry collections and individual poems, encouraging both established and emerging poets. The prize is divided into three categories: Best Collection, Best First Collection, and Best Single Poem. Winners of the Forward Prize receive a monetary award and significant recognition, which can enhance their visibility in the literary world. The prize is awarded by a panel of judges, often comprising poets, critics, and literary figures, ensuring a diverse range of perspectives in the selection process.