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Is Your Mobile Phone Innovation Worth $1 Million USD?

By Wayan Vota on June 25, 2010

Do you have an idea on how to change lives with mobile phones? Is it also a good business opportunity? And can it work with Nokia phones? Then submit it to Nokia’s Growth Economy Venture Challenge

Nokia is offering a $1 million (USD) venture capital investment (not a gift or grant) and support from Nokia to help turn the idea into reality. Your idea can be hardware, software, applications or a new service. As Nokia’s CEO Olli-Pekka Kallasvuo says:

“We’ve seen what the tech community can do when it focuses on problems that are also opportunities. We want to channel that energy toward improving lives in the deveoping world.”

Just make sure that your submission has a clear mission statement and viable business model on how it will enhance the lives of people living on less than $5 per day.

Interested? Then apply today!

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Wayan Vota co-founded ICTworks. He also co-founded Technology Salon, MERL Tech, ICTforAg, ICT4Djobs, ICT4Drinks, JadedAid, Kurante, OLPC News and a few other things. Opinions expressed here are his own and do not reflect the position of his employer, any of its entities, or any ICTWorks sponsor.
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One Comment to “Is Your Mobile Phone Innovation Worth $1 Million USD?”

  1. Wayan Vota says:
    September 15, 2010 at 6:38 pm

    Congratulations to John Waibochi of VirtualCity.co.ke. He won the $1 million USD Nokia Growth Economy Venture Challenge! Here he is, smiling big with Erik Hersman on the Nokia stage:

    May he be even more successful with VirtualCity.co.ke.