As part of its corporate social responsibility, Orange contributes to socioeconomic development and supports technological innovation. Every year since 2011, the Orange African Social Venture Prize awards three entrepreneurial projects that improve living conditions on the African continent with the help of technology.
These projects are targeted notably at the “bottom of the pyramid” (mobile banking, telemedicine, digital applications for education or agriculture, etc.). They are often associated with the increasing use of mobile in Africa.
A jury of experts designates three winners from among eleven finalists (ten shortlisted based on the prize’s criteria and one chosen by Internet users).
The lucky winners share a fifty thousand euros cash prize, and benefit from six months of mentoring from seasoned entrepreneurs, professionals of the ICT industry, and Venture Capitalists. The winner is also offered a patent in his country.
Medtrucks (2016) supports patients and health actors through the deployment of hyper-connected telemedicine-ready trucks.
Bassita (2015) invents “clickfunding”: Companies submit their social, cultural or environmental project on the platform. If it reaches its target of clicks in the form of shares on social networks, the project gets a gift from a sponsor.
Station Energy (2014), halfway between a gas station and an African grocery store, provides access to affordable large-scale energy via franchises.
How to apply for the competition?
To submit your application, visit the dedicated page on Entrepreneur Club. Applications must feature a business plan and identity documentation.
Orange Social Venture Prize in Africa and the Middle East
I take a look at the winners of the 2016 edition of the Prize.