D-Prize funds new entrepreneurs who increase access to proven poverty interventions. The world has already invented ways to end poverty, yet the best interventions are not being distributed at mass-scale. D-Prize expands access to poverty-alleviation interventions in the developing world. Many solutions to poverty already exist. The challenge is distributing these solutions to the people who need it most. Their programs produce new “distribution entrepreneurs” – social entrepreneurs who start new ventures that distribute proven life-enhancing technologies to millions of people living in extreme poverty. The Challenges include: girls education, agriculture, energy, global health, education, governance and infrastructure, and custom.
The specific goals of D-Prize is to: (1) significantly increase access to life-enhancing technologies in the developing world – and prove an impact in a measurable way; (2) encourage young entrepreneurs to focus their talent on the developing world, pilot new solutions to distribution problems, and launch new social ventures; (3) encourage a global dialogue on the importance of leveraging distribution solutions for development. The believe the path to development is through solving distribution. Applicants can design a business or NGO that solves one of the Distribution Challenges: girl’s education, agriculture, energy, education, global health, governance and infrastructure and custom.
D-Prize is open to any business model (for profit, non-profit, and everything in between). They will consider funding existing organisations only if: they are piloting a new distribution-focused initiative, and need high risk capital.
D-Prize is for aspiring entrepreneurs from anywhere in the world, of any age, and any background.
Winners will receive up to $20,000 to launch.
The Global Competition launches on March 31st, 2019. Early Submission Deadline: May 12th, 2019 at midnight PT (pacific time). Regular Submission Deadline: June 2nd, 2019 at midnight PT (pacific time). Extension Deadline (limited to 400 people who register): June 23rd, 2019 at midnight PT (pacific time).