Startups in Gabon have a new offer from telecom company Gabon Telecom-Moov Africa.The telco has announced the launch of an innovation program, STARTUP CHALLENGE, dedicated to startups carrying technological innovations which aims to support innovative entrepreneurial projects in the following sectors: “IOT: internet of things, Health-Tech: digital solutions for health, Ed-Tech: digital solutions for education, Agri-Tech: digital solutions for agriculture, Fin-Tech: digital solutions for mobile payment, Smart city: Solutions for smart cities and Transport.
Here Is What You Need To Know
- Startups with very high development potential will benefit from the expertise, funding and network of partners of Moov Africa — Gabon Telecom, in order to carry out their innovation project and strengthen Gabon’s anchoring in the digital era.
- Moov Africa — Gabon Telecom wishes through this initiative to encourage and support entrepreneurship while strengthening its character as a corporate citizen which has placed INNOVATION at the heart of its action.
- The selected startups will be supported by Moov Africa Gabon Télécom through practical training sessions provided by external firms of Moov Africa — Gabon Télécom managers on the following components: Legal, Marketing, Digital, Financial, Security.
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The challenge takes place in three phases:
- Call for applications (March 8 to 31, 2021)
- 30 startups are shortlisted for the rest of the competition.
- Support phase, during which a panel of 10 startups will be selected for in-depth support.
What Startups Stand To Gain
The 10 finalist startups chosen to participate in the grand finale will each be entitled to a package including:
- One year broadband internet subscription.
- 1 year Alphorm subscription.
- 1 internet security pack.
- Cash prizes with a total value of 20,000,000 CFA francs ($36k), offered by Moov Africa — Gabon Telecom, in partnership with BS GABON and HUAWEI.
How To Apply
The registration phase will take place from March 8 to 31, 2021. For this reason, applicants are invited to register from the site “www.startupchallenge.moov-africa.ga“.
They can also consult the rules and obtain practical information on this competition.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer
Moov Africa STARTUP CHALLENGE