The international Herbert von Karajan Music Prize was an annual award presented by the Festspielhaus Baden-Baden in honour of the celebrated 20th-century Austrian conductor Herbert von Karajan. The prize was inaugurated in 2002, and the monetary element was set at 50,000 Euro, which must be used by the recipient to help further the careers of young musicians. It was first awarded in 2003, to German violinist Anne-Sophie Mutter. The prize was funded by the Herbert von Karajan Family Foundation Helibelle.