D-MADE expects to reward 10-15 winning projects. The award size will vary according to the needs outlined in the proposals. Prizes may also consist of recognition awards or honorary titles, both excluding cash. other prize categories may be announced prior to the event or at the event.
The award is composed of:
1. A financial award of up to €40,000, which will be deposited in minimum two tranches in a bank account.
2. Technical assistance designed to help build the capacity for the sustainability of the winning business. It will be tailored to address the specific needs of each winning project.
3. Monitoring during implementation of winning projects for a period of one year.
The winning counterpart contributions, in the range of 5% to 25 % of the award won, will be needs-determined by the D-MADE team and based on self-assessment information provided by the participating entrepreneurs. All proposals submitted will be accompanied by a completed self-assessment form containing information on financial plans of the project. There will be a provision to waive this condition only in exceptional cases which will be determined by the Award Team.
