D-Prize Competition 2022 for Aspiring Entrepreneurs Worldwide (worth $20,000)

D-Prize Competition 2022 for Aspiring Entrepreneurs

D-Prize competition is aimed at producing new “distribution entrepreneurs” – social entrepreneurs who can start new ventures that distribute proven life-enhancing technologies to millions of people living in extreme poverty. 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.

Who Should Apply for D-Prize Competition.

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 how to transition into a full-time founder.

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

D-Prize Competition Challenges.

The world has already invented ways to end poverty, yet the best interventions are not being distributed at mass-scale. Can you design a business or NGO that solves one of the Distribution Challenges below?

D-prize
D-Prize Competition Eligibility Criteria 

  • D-Prize competition is for aspiring entrepreneurs from anywhere in the world, of any age, and any background.
  • D-Prize is also open to any business model (for profit, non-profit, and everything in between).
  • They will consider funding existing organizations only if: you are piloting a new distribution-focused initiative, and you need high risk capital.

Benefits of D-Prize Competition

  • Up to $20,000 USD will be awarded to selected applicants to launch a pilot version of their new organization in any region where extreme poverty exists.

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Timeline of D-Prize Competition 

  • The Global Competition launches on April 4, 2022.

  • Early Submission Deadline is May 15, 2022 at midnight PT (pacific time)

  • Regular Submission Deadline is June 5, 2022 at midnight PT (pacific time)

  • Extension Deadline is June 26, 2022 at midnight PT (pacific time). Register for an extension.

How to Apply for D-Prize Competition:

  • Round 1 – Submit your concept note and resume(s).  We generally receive 1800 submissions a competition.
  • Round 2 – Top 5% of entrepreneurs are invited to submit a full 10 page proposal. You will have  four weeks to draft and submit.
  • Final Round – Top entrepreneurs interview via phone and email.  The top 1-2% 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.

Apply here

For more information: send an email to the D-Prize team at help@d-prize.org

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