" ITREALMS: CallingTech Startups: 11th POESAM underway - ITREALMS

Friday, March 12, 2021

CallingTech Startups: 11th POESAM underway - ITREALMS

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Penultimate Tuesday 9 March 2021 marked the opening for submissions to the 11th Orange Social Venture Prize in Africa and the Middle East also known as POESAM, reports 
Until 4 June 2021, entrants will be able to submit their projects on the website.

Since 2011, this prize has been awarded for innovative projects by start-ups, based on information and communication technologies that have a positive societal impact in Africa and the Middle East in the fields of education, healthcare, e-commerce and agriculture, or that help to meet sustainable development goals. 

Through this prize, Orange, as a committed operator, seeks to contribute to the socio-economic development of Africa, support social and environmental innovation and encourage entrepreneurship.

The competition includes two stages: a local phase that takes place between March and June in the 17 Orange subsidiaries. The countries then each choose three prizewinners. 

During the second phase, the winners from each country are in competition with each other and an international jury consisting of representatives of the Orange start-up ecosystem 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 Orange 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 (women’s independence, creating or maintaining jobs, data collection on gender, digital and financial inclusion, etc.).

Elizabeth Tchoungui, Orange Group Executive Director CSR, Diversity and Philanthropy and Deputy Chair of the Orange Foundation, said: "I am delighted that for the second year running the International Women's Prize is supporting entrepreneurship for women and the promotion of initiatives that aim to improve the empowerment of women. 

"Because helping a woman grow makes the world a better place. This prize contributes towards the attainment of the tenth UN Sustainable Development Goal, which is "Reduced inequalities", and is something we have committed to.”

Alioune Ndiaye, CEO Orange Middle East & Africa, noted that: "Africa is undergoing major changes: rapid population growth, accelerating urbanisation, technological breakthroughs in mobile communication and mobile financial services, for example. 

"These structural trends are creating major economic opportunities which mean we must innovate in response and thus build a more prosperous and inclusive continent. And who is better placed to meet these challenges than the continent's young entrepreneurs?”

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