Total Searching For Best Innovative Business Idea In Shs130m Challenge
- Written by Baz Waiswa
- Published in Africa
- 0 comments
Total Uganda recently launched the “Startupper Challenge of the year” to support innovative projects in the country. The call for projects is free and open to any Ugandan citizen aged 35 years and below.
While launching the contest at the Sheraton Kampala Hotel, Florentin de Loppinot, the Managing Director of Total Uganda, explained that the Challenge is aimed at identifying, rewarding and supporting the best projects in enterprise creation and development in Uganda and 33 other countries on the African continent”.
“We have put an age limit of 35 years because we believe the youth are vital in realizing the social economic development of this country,” de Loppinot said.
Initiated by the Total Group in 34 African countries simultaneously, the Challenge will support innovative projects which are less than 2-years old.
The winning projects will be granted the “Startupper of the year 2016 by Total” label, with a financial support of up to Shs130 million and a coaching from Total Uganda.
The application process started on 1st November 2015 (8.00 AM GMT) and is directly available on the website: http://startupper.total.com/. Candidates will be able to apply until 31st January 2016 (11.00 PM GMT).
A jury of professionals will preselect up to ten of the best projects in Uganda based on the following criteria: how innovative, original, daring the project is, its development potential and its capacity to improve the living conditions of the populations.
The finalists’ list will be published on the website of the contest, following the final selection phase, which will end by March 15th, 2016.
The 10 finalists shall present to the jury that shall choose the best projects - three maximum – and the results will be announced during the awards ceremony.
The whole contest rules are freely available on line on the dedicated website (http://startupper.total.com/).
The “Startupper Challenge of the year by Total” is part of Total’s global initiative of supporting the socioeconomic development of all the countries where it operates worldwide. It is a very concrete action launched to locally contribute to the reinforcement of the industrial fabric and to employment on the African continent, by supporting the most daring and innovative entrepreneurs in realizing their project. This approach targets the emergence of new initiatives, while respecting the Total Group values.