The Guyana Prize was established in 1987 by the government of Guyana and remains the most outstanding literary award of its kind in the Anglophone Caribbean. Its aim is to promote, encourage and reward the generation of good literature in Guyana in particular and the Caribbean in general. So far awards in Fiction, Poetry, Drama, First Book of Fiction and the First Book of Poetry have been made in 1987, 1989, 1992, 1994, 1996, 1998, 2000, 2002, 2004, 2006, 2010 and 2012.
The collection includes records of the Prize which is administered at the University of Guyana on behalf of his Excellency the President of Guyana. Its policy and daily operations are determined by an Independent Management Council chaired by the Vice-Chancellor of the University of Guyana. The Prize is awarded every two years and the winners are decided by the Jury comprising five prominent writers and critics known for their expertise in literature and the arts. The books in the Guyana Prize for Literature collection represent an entire historical epoch in our literature since this prize had had much to do with a resurgence of writing by local and overseas Guyanese.