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

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 Deadline: June -24 -2023

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.


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

APPLY HERE

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