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· The 11th Orange Social Venture Prize in Africa and the Middle East has been launched on 9th March 2021
· The prize has been awarded since 2011 for innovative projects by startups in the ICT segment for innovations, which will have a positive impact on the society in general with special focus on regions like Africa and Middle East
· Diverse segments like education, healthcare, e-commerce and agriculture or such projects that can help achieve sustainable goals for the continents are included in the topics for awarding prizes
The 11th Orange Social Venture Prize in Africa and the Middle East has been launched on 9th March 2021. The entrants will be able to submit their projects till 4th June 2021 using the website https://startup.orange.com/fr. The prize has been awarded since 2011 for innovative projects by startups in the ICT segment for innovations, which will have a positive impact on the society in general with special focus on regions like Africa and Middle East. Diverse segments like education, healthcare, e-commerce and agriculture or such projects that can help achieve sustainable goals for the continents are included in the topics for awarding prizes. Orange, the telecom company, is present in 18 countries in Africa and the Middle East where it had 128 million customers as on 31 December 2020. With €5.8 billion in turnover in 2020, Orange MEA is the Group’s main growth region. Orange Money, with its mobile-based money transfer and financial services offer is available in 17 countries and has 50 million customers.
The competition will be two stages: a local phase that takes place between March and June in the 17 Orange subsidiaries. Each country in the competition chooses three prizewinners. In the second phase, the winners from each country are in competition with each other. An international jury consisting of representatives of the Orange start-up ecosystem will meet to decide on the international POESAM prizewinners.
In 2021, in addition to the International Grand Prize which rewards three prizewinners with prizes of €10,000 (3rd place) to €25,000 (1st place), in 2020 the telephone major launched the International Women’s Prize with a value of €20,000, sponsored by the Orange Group Diversity and Inclusion Department. This prize will either go to a woman, or to a project offering a technological solution to improve the living conditions of women