What’s this about?
- TotalEnergies’ fourth annual Startupper of the Year Challenge aims to reward 100 African startups, highlighting the company’s commitment to innovation and entrepreneurship on its 100th anniversary.
- Open to young Tanzanian entrepreneurs aged 18 to 35, the challenge supports projects or startups under three years old, offering winners 20 million support and visibility through a communication campaign.
- Winners selected by a local jury will also have the chance to showcase their projects at a celebratory event following the June 18th, 2024 registration deadline.
Zoom in…
Following the success of the first three editions, TotalEnergies has launched its annual Startupper of the Year challenge, which aims to recognize and reward 100 African startups.
Context
Founded in 2015, the challenge has had 365 winners selected from among some 40,000 applications received, who have been rewarded and supported worldwide. According to the company, this year’s edition, which involves 32 African countries where the company operates, is intended to mark the company’s 100th anniversary celebration.
This new edition reaffirms TotalEnergies’ commitment to promoting innovation and entrepreneurship and supporting the socio-economic development of African countries. During the 2021/2022 edition in Tanzania, TotalEnergies Marketing Tanzania recognised three young entrepreneurs in the categories of best startup under three years, best business creation idea, and best female entrepreneur.
The Big picture
For this 2024/2025 edition of the challenge, TotalEnergies will support and reward young entrepreneurs aged 18 to 35 living in Tanzania with a business creation project or a startup under three years old in any business sector. A local jury comprised of experts, business leaders, startup ecosystem participants, local sustainability stakeholders and representatives from TotalEnergies Marketing Tanzania will select three winners in the categories of the best entrepreneur, the best project relating to the circular economy, and the best project relating to sustainable, affordable energy.
The startups will register until June 18th, 2024, as all project entries will be assessed against four criteria: relevance to sustainable development challenges, innovation, feasibility and development potential, and respect for gender equality and the inclusion of women in the project.
Bottomline
Each winner will receive 20m million personalised support and a communication campaign to enhance their project’s visibility.
Winners will also have the opportunity to promote their project during a celebratory event, the details of which will be released at a later date.
Source: techmoran.com
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