All USA USA Territories: American Samoa (USA); Guam (USA); Puerto Rico (USA); Virgin Islands (USA); Northern Mariana Islands (USA); USA Compact Free Associations:The Federated States of Micronesia (USA) Marshall Islands (USA) Republic of Palau (USA) International, Israel and Canada.
Important Dates
Deadline: 11/05/23 Midnight PT - Regular Submission Deadline
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Grant Description
Competition for USA, Canada, and International entrepreneurs representing any business model, including both nonprofit and for-profit organizations, for ventures that enhance the distribution of poverty interventions in developing countries. Prize winners will be awarded up to $20,000 and in-kind support of professional assistance.
D-Prize is exclusively interested in ventures that will scale distribution of an already proven poverty intervention in the developing world.
Please respond to one of the distribution challenges below:
Health
Water
Education
Agriculture
Livelihoods
Energy
Public Services
Custom
For further information and additional links to information documents for each of the above challenge areas, see the Full Grant Text RFP link.
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.
Besides direct funding, D-Prize can assist in helping your venture attract future funding if the pilot proves successful. D-Prize will also provide you access to the D-Prize network of past winners, and will do their best to support you in other ways.
D-Prize challenges are open to anyone or any teams.
D-Prize is also open to any business model (for profit, non-profit, and everything in between).
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.
Ineligible
The sole restriction is that individuals and their immediate family on the judging panel may not participate as a contestant.
The funding source does not fund prototypes of promising new interventions.
Pre-Application Information
Timeline:
- The Global Competition launches 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)
Only one proposal per person or partnership will be considered.
Proposals must be written in English. However, your English does not need to be perfect to apply, and grammar and vocabulary errors will not be penalized. D-Prize only wants to understand your idea.
Round 1
First Round proposals will be accepted on a rolling basis, using the above deadlines. D-Prize strives to send decisions out within four months. Judges may request additional information via email before making a decision.
Round 2
Top entrepreneurs invited to participate in Round 2 will be asked to respond to short written questions - roughly based on a business plan. These questions ask more details about your operations, budget, milestones, and other items. Participants will receive a Round 2 Proposal Packet with full instructions. Those invited to the Second Round will have about two weeks to submit.
Final Round
Entrepreneurs invited to the Final Round will interview with judges over email and on the phone.
Number of Grants
The funding source typically funds at least 15 proposals per competition, regardless of which challenge track was selected.
Estimated Size of Grant
Depending on the promise and cost-effectiveness of a proposal, judges may award up to $20,000 in funding. The average D-Prize award size is $14,000.
Term of Contract
Applicants who are invited to launch will spend three months starting a venture that can grow and help millions of people.
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