If you had $30,000, how would you fight poverty?
Our society has invented many effective poverty solutions. Sadly, most of these fail to leave the design lab and factory to reach actual people in need. If we have already created solutions, why does poverty still exist?
The world needs entrepreneurs who can distribute proven poverty solutions in the developing world. Can you figure out a better way to distribute a solar lamp, or vaccine, or any other proven poverty solution to people in need? Pitch your idea to solve one of the challenges below. If selected, we will award up to $30,000 to pilot your new venture in Africa, Asia, or another other developing region.
How this competition works
The Fletcher D-Prize is open to all Fletcher students, alumni, and Tufts undergraduates. At least one person on your team must be a current student or a graduate of The Fletcher School.
This competition is for people who want to launch a new social enterprise in the developing world.
- For students, this is your opportunity to put development into practice all while having impact through an intense summer internship experience which may lead to full time entrepreneurial engagement after graduation.
- For alumni, this is an opportunity to bring forth your enterprise building experiences to alleviate poverty. Either way, you may just discover what it takes to launch a successful enterprise that fights poverty and improves people’s lives directly.
If this relates to you, read on:
Step 1: Review the challenges.
We have already identified several proven poverty solutions that are in need of greater distribution. These challenges will give you a framework for designing your new venture.
Step 2: Design your venture.
The application packet on this website explains what judges want to see. More guidance and tips and is listed on this site too.
Step 3: Submit your pitch.
Concept notes for this years contest are due by 8PM on November 13, 2018. Apply directly at d-prize.org/Fletcher. Judges invite the most promising entrepreneurs to submit a full 10 page proposal by January 23, 2019. Finalists interview with several judges. Judges will offer up to $20,000 in seed capital with additional in-kind support valued at $10,000 by March 1, 2019 in a convertible grant to ventures ready to launch.
Step 4: Book a plane ticket, hire a staff, and get started.
You will spend the next three months using every last shred of ability and talent that you have to start an organization that will grow and change the world.