The D-Prize is seeking businesspeople who can create a brand-new nonprofit or social enterprise that offers an existing poverty solution to thousands, perhaps even millions, of people. We have included more than a dozen goods and services that are thought to reduce poverty. Entrepreneurs are now tasked with developing strategies for distributing to those in need.
They will award the most promising teams with up to $20,000 USD to launch their new organization wherever extreme poverty exists.
CHALLENGES
HEALTH
WATER
AGRICULTURE
LIVELIHOODS
ENERGY
PUBLIC SERVICES
CUSTOM
ELIGIBILITY
D-Prize is for aspiring entrepreneurs from anywhere in the world, of any age, and any background. The majority of our awardees have not launched nor raised any funding.
They 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.
At this time, They are only able to evaluate applications submitted in English. However, your English does not need to be perfect to apply, and grammar and vocabulary errors will not be penalized. They only want to understand your idea.
EVALUATION PROCESS
ROUND 1
Submit your concept note and resume(s). They receive 2000+ submissions per competition.
ROUND 2
The 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
TIMELINE
Select a challenge above and be prepared for the following deadlines:
The Global Competition launches on 4 September 2023.
Early Submission Deadline: 16 October 2023 at midnight PT (pacific time)
Regular Submission Deadline: 5 November 2023 at midnight PT (pacific time)
Extension Deadline: 26 November 2023 at midnight PT (pacific time)
Click HERE To Apply
