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D-Prize Challenge 2025 for Social Entrepreneurs ($20,000 Prize)

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Mercy Awofiranye
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Social entrepreneurs passionate about eradicating poverty should apply for the D-Prize Challenge 2025 for a chance to win a $20,000 Prize. Apply Below:

When is the Application Deadline:

The application deadline for the D-Prize Challenge 2025 for Social Entrepreneurs is 24 November 2024.

Tell Me About The D-Prize Challenge 2025 for Social Entrepreneurs:

The D-Prize is an award designed to support aspiring entrepreneurs who aim to tackle poverty in the developing world by expanding the distribution of proven poverty interventions. The award offers startup grants of up to $20,000 to individuals or teams who propose innovative ventures that can distribute life-changing products or services to people in need. Also, the D-Prize is open to all business models, whether for-profit, non-profit, or hybrid, and welcomes applicants from around the globe. Selected winners will receive funding to launch their pilot projects, with the goal of scaling their efforts to make a significant impact on reducing poverty. Applicants are encouraged to choose a challenge area from the D-Prize list that aligns with their mission and submit a proposal to compete for funding.

Check: Fully Funded Rotary Yoneyama Scholarships 2025 for International Students To Study In Japan

Which Fields are Eligible?

The following fields are eligible:

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

Type:

Contest 

Who can Apply For The D-Prize Challenge 2025 for Social Entrepreneurs?

Also, applicants are to meet the following eligibility criteria:

  • Applicants should have strong ambition and envision themselves as successful entrepreneurs.
  • Applicants must be ready to launch a new venture and be prepared to grow it into a significant organization if a pilot proves successful.
  • Applicants who are students or have existing commitments should have a clear plan for transitioning into a full-time founder role.
  • Ventures must focus on scaling the distribution of a proven poverty intervention in the developing world; D-Prize does not fund prototypes of new interventions.
  • Applicants must respond to one of the distribution challenges listed on the D-Prize website.
  • Open to any individual or team, except individuals and their immediate family members on the judging panel.
  • Open to any business model, including for-profit, non-profit, or hybrid models.

Check: ECOWAS Women and Clean Energy in West Africa (WOCEWA) Scholarships 2024

Which Countries Are Eligible?

All countries 

How Many Awards?

Not specified

What is the Benefit of the Award?

Additionally, applicants will benefit the following:

  • Grants of up to $20,000 for launching new social impact organizations.
  • Support is available for for-profit ventures, NGOs, and charities.
  • Focus on organizations in low- or middle-income countries addressing extreme poverty.
  • Opportunity to scale the distribution of proven poverty interventions.
  • Seed funding to help grow organizations to a large scale.
  • Access to a structured application process to develop and test pilot projects.
  • Biannual competitions to apply for seed funding support.

How Long Will the Award Last?

Unspecified

How to Apply:

To apply for this opportunity, visit the official webpage below.

Visit the Award Webpage for Details

Author

  • Mercy Awofiranye is a creative writer with over five years of experience. Currently, she specializes in creating helpful content for students in the education space. When she's not writing, she enjoys reading, cooking, and learning new things.

This post was last modified on September 3, 2024 12:19 pm

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