Total PARCO Pakistan Ltd, part of the global oil giant Total has decided to launch the Startupper of the Year challenge in Pakistan this year. In an official statement by Total PARCO, it was announced that Pakistan will be one of the 60 countries that will hold the Challenge this year for budding entrepreneurs.
Following the success of the first Startupper of the Year Challenge, held in 2015 in more than 30 African countries, Total is bringing it back in 2018, this time in almost 60 countries worldwide.
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 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, plus professional coaching and extensive publicity to advertise their project.
The countries that will be hosting this challenge along with Pakistan are Algeria, Angola, Botswana, Burkina Faso, Cambodia, Cameroon, Chad, Chile, CzechRepublic, DominicanRepublic, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Fiji, Gabon, Ghana, Guinea-Conakry, IvoryCoast, Jamaica, Jordan, Kenya, Lebanon, Madagascar, Malaysia, Malawi, Mali, Mauritius, Mauritania, Mexico, Morocco, Mozambique, Namibia, Niger, Nigeria, Philippines, Poland, Republic of the Congo, Romania, Senegal, Sierra Leone, South Africa, Tanzania, Thailand, Togo, Tunisia, Uganda, Vietnam, Zambia and Zimbabwe. For France, only New Caledonia, Mayotte, French Polynesia and Reunion Island are concerned.
The press release further elaborated:
To support women entrepreneurs, 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 six overall Grand Winners from among the first-prize winners in each country.
More than just a business challenge, the 2018-2019 Startupper of the Year by Total Challenge also reaffirms Total’s commitment to capacity building in the countries where it operates, worldwide. By helping innovative young entrepreneurs to realize their projects, the Challenge strengthens the local social fabric.
Registration for the challenge opened on October 9 and will continue until November 13, 2018. Candidates can submit their applications at: http://startupper.total.com