A call for applications for all passionate entrepreneurs who can design a new startup or an NGO that delivers proven poverty intervention tools for the masses. The D-Prize challenge for social entrepreneurs to fight poverty (US$20,000) 2023-2024, seeks to bridge the gap to deliver millions of people who still don’t have access to basic poverty-fighting tools for daily survival.
The D-Prize challenge was purposefully established to support new ventures that target extreme poverty, by bringing entrepreneurs who can build businesses that can expand distribution. Every six months, D-Prize selects leaders through the D-Price challenge to design a new organization to alleviate poverty.
Selected ventures have scaled and are serving at least 100k people within five years and delivering proven poverty solutions to 8.6 million people.
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Challenge for the D-Prize Challenge for Social Entrepreneurs to Fight Poverty (US$20,000) 2023-2024
The challenge includes:
- Health
- Water
- Agriculture
- Livelihood
- Energy
- Public Service
- Custom
Timeline for the D-Prize Challenge for Social Entrepreneurs to Fight Poverty (US$20,000) 2023-2024
The deadline given for the above challenges is as follows:
Click here to register for an extension.
- The Global Competition will launch 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)
Evaluation Process for the D-Prize Challenge for Social Entrepreneurs to Fight Poverty (US$20,000) 2023-2024
- Round one: Participants submit their concept notes and resume(s).
- Round two: The top 5% of entrepreneurs selected are to answer short-written questions. Participants will have about two weeks to write and submit.
- Final round: Selected entrepreneurs will be interviewed via phone and email. The awardee will receive up to $20,000 to launch the new organization.
- Launch: Selected entrepreneurs will spend the next few months starting a venture that can scale to help millions.
Eligibility and Requirements for the D-Prize Challenge for Social Entrepreneurs to Fight Poverty (US$20,000) 2023-2024
- Entrepreneurs who are looking to design proven poverty intervention are to apply for the D-Prize challenge.
- Entrepreneurs of any age and background, anywhere in the world can apply.
- D-Prize currently has more awardees who have not raised any funding but will still consider funding existing organizations that are already distributing intervention.
- Funding existing organizations must have operated not less than 18 months and have raised $30,000 in funding.
- All applications should be submitted in English, and errors in the application will not be grounds for disqualification.
What You Stand to Gain in the D-Prize Challenge for Social Entrepreneurs to Fight Poverty (US$20,000) 2023-2024
The D-Prize challenge will award $20,000 to start a new organization fighting poverty through distribution.
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Application Process
Download an application packet for the D-Prize Challenge for Social Entrepreneurs to Fight Poverty (US$20,000) 2023-2024
Application Deadline
Application closes on the 26th of November 2023.
For more information, visit the official webpage of the D-Prize Distribution Equals Development
