Total to raise more local entrepreneurs with Startupper II
In the first edition, the project was launched in 34 African countries, and was a call for young people to present their projects for the creation or development of a company, in any business sector.
Each winner (three per country) received a cash prize, visibility and help in making their project a reality.
The 2018-2019 Startupper of the Year by Total Challenge will support and reward young local entrepreneurs in any business sector with a project or business less than two years old.
In each participating African country, a local jury comprised of experts from Total, specialists from incubators and accelerators, business leaders and local community stakeholders will select three winners.
The projects will be assessed based on their: Innovative nature, Social and community impact, feasibility and development potential.
Each winner will be awarded the “Startupper of the Year by Total” label and receive financial support of at least N2.6 million plus professional coaching and extensive publicity to advertise their project.
The initiative is part of Total’s strategy to promote youth entrepreneurship and development in Africa.
The StartUpper of the Year Challenge by Total is intended to empower young Nigerians aged 35 years and below who aspire to start their own businesses and to build a brighter future.
A competitive process, StartUpper of the Year by Total identifies, rewards and provides support to the best business creation and business development ideas.
The winning ideas will be granted the StartUpper of the Year label, as well as financial assistance and mentorship from experienced business leaders.
In a bid to supporting women entrepreneurs, General Manager, Human Resources & Corporate Services/Company Secretary of Total, Bunmi Popoola-Mordi, said the jury will also designate a top female entrepreneur in each country.
This special award, which is in addition to the other awards, is Total’s way of encouraging more women to take part in the Challenge.
A grand jury will meet subsequently to select three grand winners for the entire continent, from among the first-prize winners in each country.
The Executive General Manager, CSR & Medical Services, Total, Vincent Nnadi, said Startupper of the Year also reaffirms Total’s commitment to capacity building in the countries where it operates, worldwide, adding that: “By helping innovative young entrepreneurs to realise their projects, the Challenge strengthens the local social fabric.”