Africa, and the world at large is building a new set of entrepreneurs. These ones are called Social entrepreneurs. They tackle social problems ravaging the environment, and make money doing so. These new entrepreneurs are making their lives and that of those around them better. As they create solutions that tackle real challenges. It is a good thing we have a fund that focuses on just them.
D-Prize was created to fund new entrepreneurs who increase access to proven poverty interventions. They hold the belief that the world has already invented ways to end poverty, just that the best interventions are not being distributed at mass-scale. D-Prize needs, and funds entrepreneurs who can design a business or NGO that solves one of the Distribution Challenges listed below.
- GIRL’S EDUCATION
- AGRICULTURE
- ENERGY
- GLOBAL HEALTH
- EDUCATION
- GOVERNANCE AND INFRASTRUCTURE
- CUSTOM
ELIGIBILITY
- D-Prize is solely for aspiring entrepreneurs who can be from anywhere in the world, of any age, and any background.
- Existing organizations can only be considered for funding on just one case:
If you are piloting a new distribution-focused initiative, and you need high risk capital.
BENEFIT
If your idea is selected, you will be awarded up to $20,000 to launch a pilot in any region where extreme poverty exists.
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 selected, and 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.
Interested in improving the poverty rate in the world, as an entrepreneur? Need funds? Go ahead to apply by first, download an application packet here (https://www.d-prize.org/s/Round-1-Application-Packet-1.pdf).