Can you design a new business or NGO that delivers a proven poverty intervention at scale? Submit your design for a new organization that solves one of our Distribution Challenges below. D-Prize challenge will award the most promising teams with up to $20,000 USD to launch their new organization wherever extreme poverty exists.
D-Prize seeds new ventures that distribute proven poverty interventions. The world has already invented products and services to end poverty.
ELIGIBILITY
- D-Prize challenge is for aspiring entrepreneurs from anywhere in the world, of any age, and any background.
- We will consider funding existing organizations only if you are distributing an existing intervention and you have a need for high-risk capital that cannot be supported by your current donors or revenue.
- Existing organizations applying to D-Prize should have operated for no more than 18 months and raised no more than $30,000 in outside funding.
EVALUATION PROCESS
ROUND 1
Submit your concept note and resume(s). We receive 2000+ submissions per competition.
Early decision deadline: 14 May 2023 at 23:59 PT (Pacific Time, UTC -7). Early decision proposals are more likely to advance to the next round.
Regular deadline: 4 June 2023 at 23:59 PT.
Extension deadline: 24 June 2023 at 23:59 PT. Extensions are limited to the first people who register at: www.d-prize.org/extension
ROUND 2
Top 5% of entrepreneurs are invited to answer short written questions. You will have two weeks to draft and submit.
FINAL ROUND
Top entrepreneurs interview via phone and email. The top 1% will receive up to $20,000 to launch.
LAUNCH
You will spend the next three months using your talent to start a venture that can grow and help millions of people.
How to Apply?
- Prepare your concept note and resume(s), and clearly name your files. Concept notes and resumes can be separate documents. Files must be PDF and are limited to a size of 4MB each.
- Proposals must be written in English. However, your English does not need to be perfect to apply, and grammar and vocabulary errors will not be penalized. We only want to understand your idea.
- Input your contact details and upload your documents to d-prize.org/submit
- For more details visit the official website: https://d-prize.org/
- Download the Round1 application package through this link: https://drive.google.com/file/d/1IeYDN-htAb56nbuhihLmHp7IAw7jpKdg/view
