Distribution Equals Development (D-Prize) seeks to fund new ventures that distributes proven poverty solutions.
Purpose
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 the Distribution Challenges below.
D-Prize Challenges
Health
Water
Education
Agriculture
Livelihoods
Energy
Public Services
Custom
Benefits
The most promising teams shall be awarded cash grants with up to $20,000 USD to launch their new organization wherever extreme poverty exists.
Timeline
The Global Competition launches on September 5, 2022.
Early Submission Deadline: October 16, 2022 at midnight PT (pacific time)
Regular Submission Deadline: November 6, 2022 at midnight PT (pacific time)
Extension Deadline: November 27, 2022 at midnight PT (pacific time)
Evaluation Process
Round 1: Submit your concept note and resume(s). D-Prize generally receives 1700 submissions per competition.
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.
Eligibility
✓ D-Prize is for aspiring entrepreneurs from anywhere in the world, of any age, and any background. The majority of its awardees have not launched nor raised any funding.
✓ Funding shall be considered for 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.
✓ Applications submitted ONLY in English will be evaluated. However, your English does not need to be perfect to apply, and grammar and vocabulary errors will not be penalized. Your idea needs to be concise and clear.
