D-Prize Challenge 2024: $20,000 for Social Entrepreneurs Fighting Poverty

Application deadline: June 24, 23:59 Pacific Time. | D-Prize Challenge 2024: $20000 for Social Entrepreneurs Fighting Poverty

D-Prize funds start-up businesses that disseminate tested anti-poverty programs. Products and services to end poverty have already been created. Yet we discovered a number of effective interventions with significant delivery gaps. Still, millions of people lack access to fundamental tools for overcoming poverty.

Title: D-Prize Challenge 2024: $20000 for Social Entrepreneurs
Fighting Poverty
Nationality: Global
Funding: $20,000 in funding
Deadline: June 24, 2023
 
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Can you create a brand-new company or non-profit organization that effectively combats poverty? Below, submit your concept for a brand-new business that addresses one of our distribution challenges. The most promising teams will receive up to $20,000 USD to start their own nonprofit anywhere there is extreme poverty.

ELIGIBILITY

  • D-Prize is open to ambitious business owners from all over the world, regardless of their age or background.
  • Most of our honorees have neither established their businesses nor secured any investment.
  • Only if you are disseminating an existing intervention and you have a need for high-risk capital that cannot be covered by your current donors or revenue will D-Proze consider sponsoring existing organizations.
  • Existing groups should have been in operation for no longer than 18 months and should have only received $30,000 in outside funding.

ROUND 1 OF THE EVALUATION PROCESS

  • Send us your resume and concept note.(s). 2000 or more entries are sent to each competition.

ROUND 2

  • Top 5% of business owners are asked to respond to a few brief questions in writing. You have two weeks to write and submit your proposal.

LAST ROUND

  • Top businesspeople conduct phone and email interviews. Up to $20,000 will be given to the top 1% to launch.

LAUNCH

  • Over the following three months, you will put your skills to use starting a business that has the potential to employ millions of people.

TIMELINE


Choose a challenge from the list above, and be ready for the upcoming deadlines:

  • Early Submission Deadline: May 14, 23:59 Pacific Time (Pacific Time, UTC -7)
  • Deadline for Regular Submissions: 4 June 2023 @ 23:59 PT
  • Extension Deadline (for those who register only): June 24, 2023, 23:59 PT

For Additional Information

Visit the D-Prize Challenge 2024 Official Website.

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