Orange launches the African Social Venture Prize
Orange Telecom has announced a competition for African social ventures, with financial assistance and support for young companies that put forward innovative projects that have a significant social impact.
Orange’ s new African Social Venture Prize will be awarded to three entrepreneurs who offer solutions that use ICT in innovative ways to meet the needs of the poorest populations on the African continent.
Projects may range from banking services to applications in essential areas like healthcare, education and agriculture.
Orange is committed to financially supporting and offering its expertise to the management of the growing small and midsize companies who are awarded this prize.
In addition to receiving an endowment of between EUR 10 000 and 25 000, the three prize winners will be awarded six months of support from entrepreneurial and ICT experts.
Any entrepreneur or any legal entity that has been in existence for fewer than two years at the time of the contest may participate at no cost and with no restriction on nationality.
Submitted projects must be designed to be deployed in at least one of the African countries in which Orange operates and must offer technology in an innovative way to help improve the living conditions of the poorest populations.
Applications are accepted from June 8 to September 15, 2011 at www.starafrica.com