Orange launches African Social Venture Prize


Orange has launched a competition targeting those with ideas that can bring positive change in their communities, through an initiative called the African Social Venture Prize.

The competition, which targets to showcase and award initiatives that show how ICT can positively change the lives of the less fortunate in the community, will offer financial assistance and expertise to young companies with innovative projects that have a significant social impact.

The 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, with target projects ranging from banking services to applications in essential areas like healthcare, education and agriculture.

In addition to receiving an endowment of between $ 14,291 and $ 35,750, with the three prize winners being supported by entrepreneurial and ICT experts for six months, to help them realise their projects.

The competition is open to any entrepreneur or entrepreneurial entity that has been in existence for less than two years at the time of the contest may participate at no cost and with no restriction to nationality.

Projects must be designed with ease of implementation in at least one of the African countries in which Orange operates. Applicants must show they intend to use technology in an innovative way that can help improve the living conditions of the poorest of the poor.

Applications should be sent by September 15, 2011 via email through www.starafrica.com