The Orange Corners Innovation Fund (OCIF) is an additional programme to Orange Corners. It aims to stimulate innovation and improve access to finance for entrepreneurs in Africa, the Middle East and Southeast Asia. Currently OCIF is active in 9 Orange Corners hubs. It consists of 2 tracks.
Orange Corners’ strength is its collaboration with local and international partners. Together can find more effective methods to strengthen the local entrepreneurial ecosystem and support young entrepreneurs. Our partners vary from small companies to large multinationals, knowledge institutes and individual entrepreneurs. They support our programmes in various ways ranging from providing mentorship, and collaboration to financial support.
Track 1:
- Is available to most entrepreneurs of the OC incubation cohort in the OCIF countries;
- Is granted as a prototype voucher and monthly allowance;
- Is up to €5.000,- per entrepreneur
Track 2:
- 3-5 entrepreneurs are selected at the end of a cohort by means of a pitch competition, assessed by an expert jury;
- Gives access per entrepreneur to a maximum amount of €50.000 startup seed funding, consisting out of partly a grant and partly a loan;
- Offers besides seed funding, further business development support for a period of 12 – 18 months.
What Orange Corners can offer you
- Skills developmentCollective and individual workshops on the stages of the creation of social enterprises
- Coaching and mentoringPersonal development week, collective workshops in soft skills, mentoring
- Personalised follow-up advisory board (strategic committee), collective
- Events and networkingProfessional meetings, events organized by incubates
- Accommodation and domiciliationAccess to the incubator space, reduced price for commercial domiciliation
For more information and to apply visit Orange Corners’ official website
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