Children’s Prize Foundation Announces Quarter-Million Dollar 2016 Competition

MIAMI-April 5, 2015 - Today, the Children’s Prize Foundation announced the launch of its annual competition focused on child survival. Are you ready to implement a plan to save the lives of children under age five? The Children’s Prize invites individuals, teams and organizations from around the globe to submit their proposals to reduce child mortality for a chance to win $250,000 USD to save lives.

Each day, 16,000 of the world’s smallest citizens die before they reach five years of age, and many of these losses are a result of conditions that could be prevented or treated with access to simple, affordable interventions. The leading causes of under five deaths include preterm birth complications, pneumonia, birth asphyxia, diarrhea, and malaria. Malnutrition is linked to nearly 45 percent of child deaths. Proposal submissions addressing these and all other causes of child mortality are encouraged.

The Children’s Prize is a three-round contest that begins with an online entry form. For the next six weeks, from April 5 to May 14, the Foundation will be accepting entries globally. Applicants are expected to include a science-based approach that will measure and evaluate the impact of lives saved as proposed in their projects. This is a unique opportunity to see your life-saving plan come to fruition through a modern take on philanthropy.

“Our unique prize model allows us to unlock the full potential of philanthropy by uniting the drive of human competition with the connectivity of the information age. Philanthropy is about choice. The choice to give and how to give. Philanthropy is also about possibility. The possibility to significantly impact and change the course of a human life. Gone are the days when you have to wonder if you’re effecting change. Philanthropy today is different, it is evolving, and at our fingertips is a new era of giving.” said Aleyda K. Mejia, executive director.

The Round 1 entry form and all relevant competition information can be found at www.childrensprize.org. In order to be considered for the prize, all materials submitted must be in English. A panel of expert judges will evaluate the strongest proposals, and the winner, who will be announced on December 10, 2016, will be awarded $250,000 USD to execute their proposed project.

Contact:
Stephanie Gregg
The Children’s Prize Foundation
stephanie@childrensprize.org
727.710.1088

###

About the Children’s Prize Foundation
The Children’s Prize Foundation administers the Children’s Prize, which is a global contest that invests in proven child survival work. As a novel philanthropic approach, we insist on a direct link to lives saved for all children under five years of age. The initiative empowers and unites the drive of human competition with the hyper-connectivity of the information age. The Children’s Prize Foundation thinks like an engineer, placing its strongest emphasis on efficiency and scientific accuracy. Winners enter into a collaborative relationship with the Children’s Prize to execute their vision. Founded in 2013 by Dr. Ted Caplow, the team has grown, and the portfolio of projects includes investments in Pakistan, Nepal, Kenya, Uganda, Angola and Sierra Leone. For more information, please visit www.childrensprize.org.


Ready to win the 2016 Children’s Prize? We’d like to help!

Last year we offered our applicants collective observations of issues we saw that prevented them from moving forward in the competition. Many appreciated this generalized feedback, and as we launch the 2016 Children’s Prize, we would like to share these insights to help you improve the quality of your application submission.

As funders, we value the connection between feedback and improvement; our goal is to elevate excellence. While it is impossible to provide the hundreds of Round 1 applicants individual feedback, we feel that the following recommendations apply to a significant majority.

  1. Thoroughly read the instructions. Make sure you understand the specific purpose of the prize contest itself, as well as each question asked. Make sure you meet the basic criteria required for the competition. If you cannot meet or adequately address it in your proposal, then you probably should reconsider applying. Answer questions directly and concisely. Make sure to sufficiently explain each answer for each question asked.
  2. Credibility is important. Explicitly state your assumptions. Explain how you arrive at estimates and what evidence/fact/science-based data you use for your assumptions. Describe direct links to any partners or organizations involved with the plan you are proposing.
  3. Use a solutions-focused approach. Emphasize the proposed solution rather than simply describing the problem.
  4. Balance cost-effectiveness with introducing novel elements to your work. Funders want to see their money used wisely and effectively. Be clear about the impact you seek to achieve. Think about the overall impact of your proposal in relation to the prize funds. Make the case for why your project should win.
  5. This may seem like an easy step to skip, but it may one of the most important things you do: Proofread! Invite a different person to proofread the material you plan to submit. This will ensure your application conveys what you intend, while being clear and concise about your plan. This may be especially beneficial for non-native English speakers.

Each round of the Children’s Prize competition serves a specific purpose. The first round is an open call to any person or organization with a ready-to-implement plan that is focused on saving the lives of children under-five from preventable and treatable causes. Given the brevity of the initial application, as well as the quantity of submissions received, applicants will benefit from approaching this round as a funding request “pitch.” Keep in mind that in the second round applicants will provide a more thorough and detailed plan that will include supporting materials such as a budget, timeline and references. Only 10-20% of the initial applicants are selected to participate in the second round.

Additional documents including a Frequently Asked Questions, as well as Prize Guidelines and Privacy Policy, can be found on our website at www.childrensprize.com. We welcome your 2016 Children’s Prize applications and look forward to learning more about your life-saving work!