Application Deadline: June 2017 21:00 GMT
The Orange Social Venture Prize 2017 challenge plans to remunerate the best creative and socially dependable business extend in Africa and the Middle East. This seventh release unfurls in two stages: first the applicants take an interest to a national rivalry, then a universal jury gives a fabulous prize to the best national champs. Each time, the watchers of this site have an opportunity to add a name to the waitlist through a voting procedure.
The Orange Social Venture Prize intends to advance social development by supporting improvement through data and correspondence innovations (ICT). Notwithstanding financing of up to 25,000 euros, Orange will offer help to the three victors of the Grand Prize for six months from business and telecoms experts.
As in earlier years, the OSVPAM will be granted to creative undertakings which make utilization of data and correspondence advances to enhance living conditions for the people groups of Africa and the Middle East in fields, for example, wellbeing, fund, training and horticulture.
New for this seventh release, the opposition will begin with a national stage amid which each of Orange’s 17 taking an interest backups will inspect ventures submitted in its nation and will assign three champs. The following stage will be a worldwide one in which the champs of every nation – 51 in all – will contend before a universal board of judges for the OSVPAM Grand Prize, with three victors getting their honors amid the AfricaCom Awards Ceremony in Cape Town, South Africa, on 8 November 2017.
Business visionaries beyond 21 years old and new businesses working for under three years can fit the bill for the Prize. There are no nationality prerequisites.
The ventures must be actualized in one of the accompanying nations in which Orange works in Africa and the Middle-East, and recorded in the Contest Rules.
The qualified nations are: Morocco, Tunisia, Egypt, Senegal, Botswana, Liberia, Ivory Coast, Cameroon, Mali, Guinea Conakry, Guinea Bissau, Madagascar, Niger, Central African Republic, Democratic Republic of Congo, Jordan and Burkina Faso.
Notwithstanding national prizes, the three global champs will get 25,000 euros, 15,000 euros and 10,000 euros individually, alongside support from experts in start-up creation and subsidizing.
Grants For the worldwide Grand-Prix honors are the accompanying:
first prize: the installment of a measure of €25, 000 (a quarter century euros)
second prize: the installment of a measure of €15,000 (fifteen thousand euros)
third prize: the installment of a measure of €10, 000 (ten thousand euros).
Moreover, backup will be proposed to the 3 worldwide Grand-Prix victors as month to month phone gatherings amid which the champs will display an advance report.
They will in this manner advantage from counsel given by youthful organization creation and financing experts. This backup will be proposed to the 3 worldwide Grand-Prix champs amid the six (6) months taking after attribution of the honors.
For the national prize, every auxiliary of Orange will offer parcels and/or backup particular to the nation.
The social or potentially natural effect; the Projects will be assessed by the essentialness of their social and additionally ecological effect (number of occupations made, impacts on wellbeing, instruction, vitality needs, and so forth.).
The level of advancement gave in the utilization of computerized correspondences asset (landline or versatile broadcast communications) to empower the item or administration to be propelled.
The likelihood of stretching out conveyance of the item to a few nations.
The money related suitability of the venture by prevailing in self-financing the venture toward the finish of its dispatch period.
The practical and operational character of the venture (inspiration of the group, contacts with the accomplices of the venture, and so forth.)
Course of events:
Enlistment: February 28th – June sixth 2017
National Vote: July seventh – July seventeenth 2017
Universal Vote – September 25th – October third 2017
For More Information:
Visit the Official Webpage of the Orange Social Venture Prize 2017