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

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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 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.

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

D-Prize Competition 2022 for Aspiring Entrepreneurs