D-Prize Challenge 2022 for Aspiring Entrepreneurs [Awards Rs. 15 L]: Register by June 26

 Registration is invited and open for aspiring entrepreneurs for the D-Prize Challenge 2022.

About D-Prize Challenge

Can you design a new business or NGO that delivers a proven poverty intervention at scale? Submit your design for a new organization that solves one of our Distribution Challenges below.

• Health Access
• Water
• Education
• Agriculture
• Livelihoods
• Energy
• Public Services
• Custom

Eligibility

• D-Prize is for aspiring entrepreneurs from anywhere in the world, of any age, and any background. The majority of our awardees have not launched nor raised any funding.
• They 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.
• At this time they are only able to evaluate applications submitted in English. However, your English does not need to be perfect to apply, and grammar and vocabulary errors will not be penalized. We only want to understand your idea.

Benefits

They will award the most promising teams with up to $20,000 USD to launch their new organization wherever extreme poverty exists.

Evaluation Process

• Round 1: Submit your concept note and resume(s).  They generally receive 1700 submissions per competition.
• Round 2: Top 5% of entrepreneurs are invited to answer short written questions. You will have two weeks to draft and submit.
• Final Round: Top entrepreneurs interview via phone and email.  The top 1% will receive up to $20,000 to launch.
• Launch: You will spend the next three months using your talent to start a venture that can grow and help millions of people.

How to Apply?

Interested applicants can apply for the challenge through this link.

Important Dates

Select a challenge above and be prepared for the following deadlines: 

• The Global Competition launches on April 4, 2022.
• Early Submission Deadline is May 15, 2022 at midnight PT (pacific time) 
• Regular Submission Deadline is June 5, 2022 at midnight PT (pacific time) 
• Extension Deadline is June 26, 2022 at midnight PT (pacific time)

Contact

Email the D-Prize team at help@d-prize.org.

Click here to view the official notification for the D-Prize Challenge 2022.