D-Prize Competition for Entrepreneurs with Prizes of up to $20000
By: D-PrizeLast update:
Applicant criteria
NationalityUnited Arab Emirates, Bahrain, Djibouti, Algeria, Egypt, Iraq, Jordan, Comoros, Kuwait, Lebanon, Libya, Morocco, Mauritania, Oman, Palestine, Qatar, Saudi Arabia, Sudan, Somalia, Syria, Tunisia, Yemen
SpecialityAll Specialties
Gender
- Both
Opportunity criteria
LocationRemotely
Needed documentsCV, others
Deadline2021-05-16
Opportunity description
The D-Prize invites all ambitious entrepreneurs all over the world to participate in a competition to overcome poor countries' challenges. If you can design a business or NGO that solves one of the Distribution Challenges listed below, you will be awarded up to $20,000 USD to launch a pilot version of your new organization in any region where extreme poverty exists.
D-Prize Challenges:
- Girls’ Education
- Agriculture
- Energy
- Global Health
- Education
- Governance and Infrastructure
- Custom (Choose any challenge and find a convenient solution).
Benefits
Winners will receive up to $20,000 to launch.
Eligibility criteria
- 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 25 of the most promising proposals will be selected for funding awards, regardless of which challenge track was selected.
Submission Policies:
- 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.
Proposal Tips:
- Be succinct: Successful proposals are objective and to the point. Orient your proposal towards an educated judge who is relatively knowledgeable about the key issues.
- Scale, impact, cost-effectiveness: Successful entrepreneurs will build a plausible case that their intervention is highly scalable, cost-effective, and will lead to enormous impact.
- Keep within the scope: The most successful startups have a narrow focus and avoid spending resources on too many areas. A tightly scoped idea will perform best in this competition.
Evaluation Process:
- Round 1: Submit your concept note and resume(s).
- Round 2: Top 5% of entrepreneurs are invited to submit a full 10-page proposal. You will have four weeks to submit.
- Final Round: Top entrepreneurs interview.
- Launch: Spend the next three months using your talent to start a venture and help millions of people.
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