There are thousands of innovative and socially responsible business projects in Africa and the Middle East, yet too few are known outside of the small circles where they operate – or hope to.
Orange S.A., the French multinational telecommunications corporation, wants to change this with a pan-African and Middle East awards program with national and international awards
Orange Social Venture Prize Africa & Middle East 2019
The Orange Social Venture Prize aims to reward the best business venture projects using technological innovation in the service of the society and the environment in Africa and the Middle East. The contest unfolds in two phases: the candidates participate in 18 national competitions, then an international jury gives grand prizes to the best national winners.
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If you are an entrepreneur with a project or a project idea to be deployed in one of the 18 participating countries, apply to the Orange Social Venture Prize by answering these questions:
- How do you describe your project?
- What is your analysis of the market?
- Why does your project answer an identified need?
- Who is the management team?
- What are the financial forecasts?
- How does it address societal or environmental impact?
Apply Today: Deadline is May 30, 2019
Multiple Country Prize Money
At the 18 national contests, projects compete against other projects deployed in the same country for funding. Here is the 1st, 2nd, and 3rd place prize money for select countries:
- Burkina Faso – 1,500,000 FCFA, 1,000,000 FCFA, 500,000 FCFA
- Cameroon – 2,000,000 FCFA, 1,000,000 FCFA, 500,000 FCFA, Special woman’s prize: 1,000,000 FCFA
- Côte d’Ivoire – 3,000,000 FCFA, 2,000,000 FCFA, 1,000,000 FCFA
- DR Congo – 6,000 USD, 2,500 USD, 1,500 USD
- Egypt – 25,000 EGP, 15,000 EGP, 10,000 EGP
- Jordan – 4,000 JOD, 3,000 JOD, 2,000 JOD
- Liberia – 3,000 USD, 2,000 USD, 1,500 USD, Online popular vote: 500 USD
- Mali – 3,000,000 FCFA, 2,000,000 FCFA, 1,000,000 FCFA
- Senegal – 5,000,000 FCFA, 4,000,000 FCFA, 3,000,000 FCFA
The winners of national competitions then compete on an international level, with a different jury and higher stakes. The three international winners get €25000, €15000 and €10000 for first, second, and third place.
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