Deadline: 4 December 2024
The F. M. Kirby Prize for Scaling Impact is an annual global that amplifies and accelerates the work of an enterprise working to scale its impact on social or environmental problems around the world.
Now in its fourth year, this program is administered by the Center for Advancement of Social Enterprise (CASE) at Duke Univesity’s Fuqua School of Business in partnership with the F. M. Kirby Foundation.
The Kirby Prize recognizes enterprises pursuing strategic pathways to impact at scale, who are close to the challenges at hand, who center the voice and experience of the populations they serve, who have demonstrated traction, and who embody courageous and collaborative leadership. This prize is open to any legal form, geographic location, and any social or environmental impact area.
Benefits
- CASE will write and share profiles of each of the Finalists to boost exposure among their network. They will also widely share the profile of the ultimate prize winner, and offer that organization additional institutional support, connections, and coaching.
Funding Information
- One social enterprise will be selected to receive a USD $150,000 unrestricted award.
- Those organizations making it to the finalist round will receive a USD$1,000 award in recognition of their time and effort participating in the full application process.
Eligibility Criteria
- The F.M. Kirby Impact Prize is open to all impact enterprises (nonprofit, for-profit, or hybrid), working anywhere in the world, that meet the following criteria:
- Strong evidence of impact over at least 3 years and a thoughtful plan for how to use the prize to scale that impact in the next 3-5 years.
- Minimum operation budget of at least $250,000 USD. The strongest applications historically have an annual operating budget between $1-3 million USD.
- Robust, formal non-discrimination policy that protects against discrimination on the basis of marginalized identities. Marginalized identities may include, but are not limited to race, ethnicity, religion, caste, national origin, sexual orientation, gender identity, age, and disability.
- For tax reasons, international enterprise applicants must have an established presence in the US, whereby they are a US taxpayer and hold a federal taxpayer identification number. This could include those recognized as an organization exempt from federal impact tax under IRC section 501(c)3 status, a US-based fiscal sponsorship agreement, or other.
- Exemplary leadership that aligns with the core values of Fred Morgan Kirby, including integrity, resourcefulness, resilience, meaningful collaboration, and diversity.
Evaluation Criteria
- The Kirby Prize Selection Committee, composed of CASE staff and selected MBA students, will evaluate all applications based on three main dimensions: Impact, Readiness to Scale, and Leadership. See below for more detail on each dimension.
- IMPACT: The solution is very effective in addressing the main challenge identified, and there is demonstrated need and demand for the solution among those impacted. While they do not weigh the achievement of broad versus deep impact differently, they do consider the order of magnitude for the number of people or environmental elements impacted relative to the depth of impact experienced. Specifically, applicants will be evaluated on the extent to which they:
- Show a clear and well-researched understanding of the issue they are addressing and the root causes therin.
- Provide a robust theory of change to demonstrate how their activities will lead to outcomes and impact, with strong ties to the root causes of the issue (as above).
- Have compelling evidence of impact and traction (for at least three years) and demonstrated commitment to continuous learning and improvement.
- In Phase 2: Articulate a clear business model for the solution, including the key impact drivers and key factors for sustainability.
- READINESS TO SCALE: The enterprise is clear on the key elements of their program, product, or principles that are critical to the impact they seek as they scale, and have begun testing likely pathways to scale. Specifically, applicants will be evaluated on the extent to which they:
- Articulate a plan to achieve significantly greater impact over the next several years, ideally incorporating strategies that go beyond growth alone (e.g., through partnerships, policy change, influence).
- In Phase 2: Articulate a compelling plan to achieve impact at scale, which includes clear and realistic steps to get there and reflects consideration of key ecosystem players, including likely implementers and payers.
- In Phase 2: Demonstrate thoughtfulness around key risks to their scaling plans and ways to mitigate those.
- In Phase 2: Demonstrate the presence of a strong, embedded learning culture, including systems and processes in place, that has led to real change.
- LEADERSHIP & TEAM: The enterprise and its leadership demonstrate the core characteristics of early social entrepreneur Fred Morgan Kirby, including integrity, resourcefulness, and resilience. The enterprise and leadership also prioritize meaningful collaboration, diversity, equity, inclusion, and proximity to the problem as a means to find the best solutions. Specifically, applicants will be evaluated on the extent to which they:
- Demonstrate the presence and active use of mechanisms to hold themselves accountable to beneficiaries.
- Demonstrate that the organization’s leadership and decision-making power reflects shared experiences, identities, and/or geographic communities relevant to the organization’s work.
- In Phase 2: Align staffing plans with scaling plans, including identifying key gaps and showing resourcefulness and prioritization in plans to fill them.
- IMPACT: The solution is very effective in addressing the main challenge identified, and there is demonstrated need and demand for the solution among those impacted. While they do not weigh the achievement of broad versus deep impact differently, they do consider the order of magnitude for the number of people or environmental elements impacted relative to the depth of impact experienced. Specifically, applicants will be evaluated on the extent to which they:
For more information, visit F. M. Kirby Foundation.