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Global D-Prize Competition

Competition for USA, Canada, and International Nonprofit and
For-Profit Entrepreneurs for Ventures that Reduce Poverty

Agency Type:

Foundation / Corporation

Funding Source:

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D-Prize

Deadline Date:

06/06/21 Midnight PT - Regular Submission Deadline

Description:

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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. Eligible focus areas include, but are not limited to, education, health access, energy, and agriculture.

D-Prize increases distribution of the most cost-effective poverty interventions. Many solutions to poverty already exist;  the challenge is distributing to the people who need them most. The work of D-Prize identifies effective interventions, then recruits entrepreneurs to scale deliver where distribution gaps exist.  Their vision is to spark a wave of new social entrepreneurs, all distributing evidence-based interventions at scale. 

Goals:

  1. Increase access to proven life-enhancing technologies in the developing world.
  2. Activate talented leaders and social enterprise ideas that otherwise would not start or scale. 
  3. Encourage a global dialogue on the importance of leveraging distribution solutions for development.

D-Prize is exclusively interested in ventures that will scale distribution of an already proven poverty intervention in the developing world. They do not fund prototypes of promising new interventions. D-Prize will fund one of the following distribution challenges:

  • Health Access
  • Clean 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 URL for Full Text below.

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.

GrantWatch ID#:

GrantWatch ID#: 160904

Number of Grants:

Up to 20 of the most promising proposals will be selected for funding awards, 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 $12,000.

Additional Eligibility Criteria:

D-Prize is for aspiring entrepreneurs from anywhere in the world, of any age, and any background.

D-Prize is also open to any business model (for profit, non-profit, and everything in between).

D-Prize challenges are open to anyone or any teams. The sole restriction is that individuals and their immediate family on the judging panel may not participate as a contestant.

The majority of awardees have not launched nor raised any funding. Funding will be considered for existing organizations only if they are piloting a new distribution-focused initiative, and they have a need for high-risk capital that cannot be supported by their 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.

Pre-Application Information:

Round 1:
First Round proposals will be accepted on a rolling basis, using the following deadlines. D-Prize strives to send decisions out within three weeks. Judges may request additional information via email before making a decision.
- Early decision deadline: May 16, 2021 at midnight PT (Pacific Time). Early decision proposals are more likely to advance to the next round.
- Regular deadline: June 6, 2021 at midnight PT.
- Extension deadline: June 27, 2021 at midnight PT. Extensions are limited to the first people who register at: www.d-prize.org/extension

Round 2:
Top entrepreneurs invited to participate in Round 2 will be asked to draft and submit a full plan of their venture, roughly 10 pages in length plus any desired appendices. The plan will include more details on operations, a 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 four weeks to submit a plan.

Final Round:
Entrepreneurs invited to the Final Round will interview with judges over email and on the phone.

D-Prize strives to send decisions within four months of your submission. However, this timeline may extend based on the volume of submissions.

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.

The award is offered in the form of a convertible grant.

Only one proposal per person or partnership will be considered.

Piloting Winning Ventures
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.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Submit application materials to: www.d-prize.org/submit

To register for a deadline extension: https://d-prize.org/extension

For questions, send an email to the D-Prize team at help@d-prize.org.

D-Prize
344 20th Street
Oakland, CA 94612
hello@d-prize.org

URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

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)

Canada: Alberta;   British Columbia;   Manitoba;   New Brunswick;   Newfoundland and Labrador;   Northwest Territories;   Nova Scotia;   Nunavut;   Ontario;   Prince Edward Island;   Quebec;   Saskatchewan;   Yukon;

Israel

International country outside of the USA, Israel and Canada.

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