Call for Applications: Distribution Prize Challenges 2020-2021Contests 28.04.2020
Deadline: 22 June 2020
Who Should Apply?
You should have enormous ambition, and can imagine yourself as a successful
entrepreneur. You are ready to launch your new venture, and - if a pilot proves successful
– you are excited to grow it into a world changing organization.
If you are still a student or have existing commitments, you should have a clear idea how to transition into a full-time founder.
D-Prize is exclusively interested in ventures that will scale distribution of an already proven poverty intervention in the developing world. We do not fund prototypes of promising new
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.
D-Prize is also open to any business model (for profit, non-profit, and everything in between). All winners will be awarded up to $20,000. The award is offered in the form of a convertible grant.
Up to 20 of the most promising proposals will be selected for funding awards, regardless of which challenge track was selected.
● 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.
Deadlines and the Prize Process
First Round proposals will be accepted on a rolling basis, using the following deadlines. We strive to send decisions out within three weeks. Judges may request additional information via email before making a decision.
● Early decision deadline: June 1, 2020 at midnight PT (Pacific Time). Early decision
proposals are more likely to advance to the next round.
● Regular deadline: June 22, 2020 at midnight PT.
● Extension deadline: July 13, 2020 at midnight PT. Extensions are limited to the first 200 people who register at: www.d-prize.org/extension
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.
Entrepreneurs invited to the Final Round will interview with judges over email and on the phone. 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.
Piloting Winning Ventures
Besides direct funding, D-Prize can assist in helping your venture attract future funding if the pilot proves successful. We will also provide you access to the D-Prize network of past winners, and will do our best to support you in other ways.
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