The competition will start with a national phase, during which each of the 17 participating Orange subsidiaries will assess the projects submitted in its country and select three winners. This will be followed by an international phase, during which all 51 national winners will compete for an international jury which will present the Orange Social Venture Prize grand prize to the three final winners at the AfricaCom Awards event, to be held in Cape Town in November.
In addition to their national prizes, the three winners will receive €25,000, €15,000 and €10,000 respectively, as well as six months of personalised support from start-up creation and financing professionals.
The Orange Social Venture Prize is open to all students, employees and entrepreneurs over age 21 whose initiative is under three years old and serves Botswana, Cameroon, Côte d’Ivoire, Egypt, Guinea Bissau, Guinea Conakry, Madagascar, Mali, Morocco, Niger, Central African Republic, Democratic Republic of the Congo, Senegal, Tunisia, Jordan, Liberia or Burkina-Faso.
Bruno Mettling, CEO Orange Middle East and Africa, says: “1,200 projects were submitted in 2017, a 60% increase over 2016. Support for talented startups is at the heart of Orange’s development strategy. With the Orange Social Venture Prize, we reaffirm our commitment to being a partner for the innovators working to improve daily life every year.”
Applications close on 31 May 2018. For more, navigate to the “Orange Social Venture Prize” section on the website..
