Total Nigeria has set aside N12 million to boost capacity of local entrepreneurs who would emerge from its 2018-2019 ‘Startupper’ project. The first edition of the initiative unveiled in 2015 and held across 34 African countries targeted young entrepreneurs with innovative ideas across all business sectors as a way to encourage business development. At the launch of the second edition of the project in Lagos yesterday, the company said it has a duty to create opportunities for all its stakeholders especially at this period when Africa was pursuing inclusive social and economic development. LEADERSHIP reports that after recording huge success at inception, Total is now launching the project at global scale in almost 60 countries and on every continent. Addressing the media on expectations from this year’s Startupper project, Bunmi Popoola-Mordi, general manager, Human Resources and Corporate Services/Secretary of Total, said the programme was designed to support and reward young entrepreneurs up to 35 years of age who have a project or have created a company in the past two years, regardless of their business sector.
She said that in each participating country, a local jury made up of Total experts, leaders of business incubators, company chief executives and prominent local actors would select three winners. Each winner would receive the ‘Startupper of the year by Total’ label and would be eligible to receive financial assistance, professional support and an advertising campaign to provide their project with visibility. The projects would be judged on three criteria which include their innovative nature, social and community impact and feasibility and development potential. This year’s edition would give priority attention that will lead to an award to top female entrepreneur. According to Popoola-Mordi, with this special price, supplementary to the three others Total would be encouraging women to participate in greater numbers in the Startupper challenge.
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