Application Deadline: May 15th, 2022
The world has already invented products and services to end poverty. Yet we have found many proven interventions with large delivery gaps. Millions of people still don’t have access to basic poverty-fighting tools. Since 2013, D-Prize has used seed support to help activate more than 200 social ventures and NGOs. Every six months 1700+ teams apply to our global competition, and about 1-1.5% are selected for startup support.
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 our Distribution Challenges below. D-Prize will award the most promising teams with up to $20,000 USD to launch their new organization wherever extreme poverty exists.
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.
- D-Prize 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.
EVALUATION PROCESS
ROUND 1
Submit your concept note and resume(s). We generally receive 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.
TIMELINE
Select a challenge above and be prepared for the following deadlines:
- 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.
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