Deadline: 1 June 2020
Open to: anyone or any teams
Benefits: all winners will be awarded up to USD 20,000

Description

MISSION

D-Prize expands access to poverty-alleviation interventions in the developing world.

Many solutions to poverty already exist. The challenge is distributing these solutions to the people who need it most. Our programs produce new “distribution entrepreneurs” – social entrepreneurs who start new ventures that distribute proven life-enhancing technologies to millions of people living in extreme poverty.

GOALS

1. Significantly increase access to life-enhancing technologies in the developing world – and prove an impact in a measurable way.
2. Encourage young entrepreneurs to focus their talent on the developing world, pilot new solutions to distribution problems, and launch new social ventures.

3. Encourage a global dialogue on the importance of leveraging distribution solutions for development. We believe the path to development is through solving distribution.

Eligibility

D-Prize challenges are open to anyone or any teams. The sole restriction is that individuals and their immediate family on the judging panel may not participate as a contestant. D-Prize is also open to any business model (for-profit, non-profit, and everything in between).

You should have enormous ambition and can imagine yourself as a successful entrepreneur. You are ready to launch your new venture, and – if a pilot proves successful – you are excited to grow it into a world-changing organization.
If you are still a student or have existing commitments, you should have a clear idea of how to transition into a full-time founder.

D-Prize is exclusively interested in ventures that will scale the distribution of an already proven poverty intervention in the developing world. We do not fund prototypes of promising new interventions.

Benefits

All winners will be awarded up to USD 20,000. The award is offered in the form of a convertible grant.

Up to 20 of the most promising proposals will be selected for funding awards, regardless of which challenge track was selected.

Entrepreneurs invited to the Final Round will interview with judges over email and on the phone. Depending on the promise and cost-effectiveness of a proposal, judges may award up to USD20,000 in funding. The average D-Prize award size is USD 12,000.

Besides direct funding, D-Prize can assist in helping your venture attract future funding if the pilot proves successful. We will also provide you access to the D-Prize network of past winners and will do our best to support you in other ways.

How to Apply?

In order to apply please fill in the application form.

For more information, please visit the official web page.