Orange Egypt has announced the opening of applications for the 15th edition of the Orange Social Venture Prize (OSVP) in 2025. The competition, with a total prize fund of €70,000, recognizes enterprises and startups that use technical innovation to find novel solutions to societal concerns. This demonstrates Orange’s commitment to supporting entrepreneurship and contributing to social and economic development by incentivizing technical innovation focused at producing solutions that effect good change at the community and environmental levels.
The competition
The competition is divided into two phases. The first is the local phase, during which Orange Egypt will accept proposals from companies willing to participate in the competition platform via the URL (https://poesam.optimytool.com/en) until May 18, 2025. Then, a jury made up of entrepreneurial leaders and cadres, as well as Orange executives, will review the proposals and pick three winning local firms to advance to the competition’s international round. They will compete against other qualifiers from different nations for three prizes for the top three winners: €25,000 for first place, €15,000 for second place, and €10,000 for third place.
Female Entrepreneurs
For the fifth consecutive year, the competition has awarded a grand prize to female entrepreneurs to enhance women’s participation in entrepreneurship in the region and to highlight Orange’s commitment to supporting talented women in establishing startups and providing them with the necessary support to continue their journey and contribute to the development of their communities. Each local competition will pick up to three female-led or co-founded businesses to compete for the €20,000 “International Women’s Prize”.
The Importance Of Technological Innovation
For her part, Maha Nagy, Chief Communications Officer Orange Egypt, emphasized that Orange’s 15-year commitment to organizing the competition demonstrates its belief in the importance of technological innovation and entrepreneurship in addressing societal challenges, as well as its belief in startups’ ability to positively impact society.
She went on to say, “In view of the fast advancements in the technology industry and entrepreneurship, Orange is dedicated to offering a platform for financing and technical assistance for new initiatives that use technology to enhance society and the environment. We are proud of our competition’s long history of supporting sustainable development and helping to create new solutions that improve people’s lives in their communities”.