Mobile operator Orange has launched a call for candidates for the 2016 Social Venture Prize in Africa and the Middle East, which will reward startups with prize money totalling US$62,000.
Five startups will be recognised during the awards ceremony with prize money totalling EUR55,000 (US$62,000), while the 10 finalists will receive special support from the Grow Movement NGO for 6 months.
The public can participate in the selection by choosing their favourite project on the new Orange portal for entrepreneurs in Africa and the Middle East – EntrepreneurClub.
The Orange Social Venture Prize showcases entrepreneurs offering innovative products and services meeting the health, agricultural, educational, energy, commercial or industrial needs of local communities.
“Orange MEA is a strategic partner for the digital transformation in Africa and the Middle East to serve its 110 million customers; it plans to play a leading role in supporting the digital transformation of the African continent and to be a major partner to start-ups,” said Bruno Mettling, deputy chief executive officer of Orange operations in Africa and the Middle East.
Disrupt Africa reported last year Egyptian “click-funding” startup Bassita was named overall winner of the Orange African Social Venture Prize, taking home EUR25,000 (US$26,714).