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Home»Search by Region»Africa»D-Prize Global Competition 2018 for Aspiring Entrepreneurs Worldwide (Win up to $20,000)

D-Prize Global Competition 2018 for Aspiring Entrepreneurs Worldwide (Win up to $20,000)

Opportunity DeskFebruary 20, 20183 Mins Read
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Deadline: April 2, 2018

Applications are now open for D-Prize Global Competition for aspiring entrepreneurs around the world. D-Prize funds new entrepreneurs who increase access to proven poverty interventions. Are you ready to launch a pilot social venture that will impact thousands, even millions, of lives? Apply and make your mark in global health, governance and infrastructure, clean energy, or education.

D-Prize 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?

  • + GIRL’S EDUCATION
  • + AGRICULTURE
  • + ENERGY
  • + GLOBAL HEALTH
  • + EDUCATION
  • + GOVERNANCE AND INFRASTRUCTURE
  • + CUSTOM

If selected we will award you up to $20,000 to launch a pilot in any region where extreme poverty exists.

Eligibility

  • D-Prize is for aspiring entrepreneurs from anywhere in the world, of any age, and any background.
  • They will consider funding existing organizations only if: you are piloting a new distribution-focused initiative, and you need high risk capital.
  • D-Prize is also open to any business model (for profit, non-profit, and everything in between)
  • Up to 25 of the most promising proposals will be selected for funding awards, regardless of which challenge track was selected.

Requirements

  • Proposals must be submitted following the instructions in this packet.
  • Extra material outside of the proposal will not be considered.
  • Revisions to proposals after submission will also not be considered.
  • Only one proposal per person or partnership will be considered.
  • Proposals must be written in English.

Judging Criteria

The D-Prize judging panel is composed of individuals with professional experience distributing life-changing technologies in the developing world. Contestants are evaluated based on:

  • Passion and potential for candidate’s success, as evident by their academic and professional background, relevant skills, and quick leadership trajectory.
  • Focus on distribution. Proposals must focus on distributing a proven poverty solution that needs greater access in the developing world.
  • Potential for scale, based on the organizational model proposed in the concept note and the entrepreneur’s desire to commit and grow.

Timeline

  • ROUND 1: Submit your concept note and resume(s).
    • April 2 – Early deadline
    • April 23 – Regular deadline
    • May 14 – Extension deadline (sign up required)
  • ROUND 2: Top 5% of entrepreneurs are invited to submit a full 10 page proposal. You will have  four weeks to submit.
  • FINAL ROUND: Top entrepreneurs interview.  Winners will receive up to $20,000 to launch. Final decisions expected by December.
  • Spend the next three months using your talent to start a venture and  help millions of people.

Application

Download An Application Packet

For more information, visit D-Prize.

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