Leading mobile communications company Orange (http://www.orange.com) is set to reward young African entrepreneurs with innovative ideas targeted at ameliorating the needs of Africans.
The social venture prize which began in 2011, is aimed at promoting social innovations in support of development that use Information and Communication Technologies (ICTs) and will be given to the best three entries.
The prize is open to African entrepreneurs aged 21 or over, or company that has existed for less than three years at the time of the competition, regardless of nationality. The projects submitted must have plans to deploy their service in at least one of the African countries where Orange is present and make innovative use of information and communication technologies to contribute to improving the living conditions of people in those countries.
In addition to prize money ranging from 10,000 to 25,000 Euros, the three winners will also receive support from professional entrepreneurs and ICT experts for a period of six months. In another new initiative this year, the project submitted by the winner of the first prize will be patented by Orange in the country where it is deployed.
Applications may be submitted between 14 May and 20 September 2013 using the Orange portal in Africa: http://www.starafrica.com.