Big by Orange holds introductory session about Orange Ventures MEA Seeds

"Orange Jordan"

Orange Jordan’s startup Accelerator Program (BIG) held a webinar that tackled the MEA seeds Challenge and the opportunities it offers to startups that utilize the latest technologies to contribute to the MENA region’s progress.

The webinar hosted Mr. Grégoire de Padirac, Orange Venture Investment Manager, who talked to entrepreneurs about how this opportunity will contribute to enhancing and developing their projects, whereas a company from each country will receive up to €150,000 as a direct fund, marketing and technical support and mentorship from Orange for a year, in addition to offering one company an opportunity to join Seedstars mentorship program for three months.  

During this session, Padirac answered entrepreneurs' questions regarding the latest challenge launched by the fund, and how it will impact their projects, stressing that it aims to boost competitiveness, initiative spirit and entrepreneurship for positive change.

This investment is directed to the startups that employ technology to elevate different industries such as telecom, agriculture technologies, communications, e-commerce, electronic Energy, electronic education, Fintech, health technologies, and e-government.     

Padirac added that the evaluation standards rely basically on the startup’s actual value, where the investment total does not exceed one million euros, in addition to the company’s scalability & expansion ability, the team and the partnership strategic value to Orange including; technological partnership, distribution, or influence on the local ecosystem.

It is noteworthy that participants can submit their applications till the 19th of July, through the website: https://ventures.orange.com/mea/.

 Orange continues its efforts in uplifting the entrepreneurial sector, which stem from its corporate social responsibility strategy and its role as the Kingdom’s digital partner,  through BIG by Orange program, which contributed to the success of 37 Jordanian startups since its launch, and the Social Venture Prize, as it believes in the potentials of Jordanian youth.

 

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About Orange Jordan

Orange Jordan is a leading provider of multi telecom services, offering a broad lineup of fixed, mobile, internet and data services to meet personal and business needs of expanding residential and business base of about 5 million customers across the Kingdom. Over 1600 employees are dedicated to lead the company to ultimate levels of excellence.

The company, also, stands as the provider of the strongest Internet for its mobile, home and business customers, via the most advanced infrastructure. As Orange Jordan continues to invest in all its networks, it also stands as the sole provider of the latest version of the fourth-generation network (4G+) and serves the largest share of Fiber customers in the local market.

Orange Jordan is one of Orange Group’s subsidiaries that offer a wide range of communication services not only to individuals but also to businesses under the brand Orange Business Services (OBS), through which a comprehensive set of IT and telecommunication services are offered to multinational companies.

The company’s sustainable Corporate Social Responsibility strategy focuses on empowering youth, women and people with disabilities in three main areas: Digital inclusion, Digital Education and Entrepreneurship via its Community Digital Centers, Startups Innovation Growth Accelerator (BIG), Orange Coding Academy, Scholarships for students majoring in technological Disciples, Universities’ Innovation Labs, and Digital Accessibility program “Differently Abled, Definitely Enabled”.

In December 2019, Orange Group announced the strategic plan for the coming five years, Engage 2025, which aims to reinvent Orange’s operator model, accelerate in growth areas, place data and AI at the heart of its innovation model and build the company of tomorrow.

This new strategy is considered a work frame and a strong local commitment guided by social and environmental responsibility, as it will embrace fostering a business model that is devoted and liable to its employees, customers and society as a whole.

It also sets the group and its subsidiaries committed to tackling the climate challenge, by dedicating the efforts to achieve carbon neutrality by 2040.

To learn more about us, please visit our website: www.orange.jo

About Orange

Orange is one of the world’s leading telecommunications operators with sales of 41 billion euros in 2018 and 148,000 employees worldwide at 30 September 2019, including 88,000 employees in France. The Group has a total customer base of 268 million customers worldwide at 30 September 2019, including 209 million mobile customers and 21million fixed broadband customers. The Group is present in 26 countries. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In December 2019, the Group presented its new "Engage 2025" strategic plan, which, guided by social and environmental accountability, aims to reinvent its operator model. While accelerating in growth areas and placing data and AI at the heart of its innovation model, the Group will be an attractive and responsible employer, adapted to emerging professions.

Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).

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