"PROJET CHALLENGE 2018"
Project Challenge Awards 2018 - CEMAC
Project Description
JPO Solutions, in concert with:
- The Ministry of Small and Medium Sized Enterprises, Social Economy and Handicrafts,
- The Ministry of Youth Affairs and Civic Education,
- The Ministry of Scientific Research and Innovation,
- The Ministry of Posts and Telecommunications,
- The Ministry of Small and Medium Sized Enterprises Promotion (SMEs) Agency,
- EMPRETEC Network, Cameroon,
- The National Youth Observatory,
- The Practical Agricultural School of Binguela and many other citizen-driven enterprises,
Is launching the 2018 ‘Project Challenge' in a bid to foster young entrepreneurs in Central Africa via coaching and the award of prizes to youths proposing innovative, replicable and immediately implementable projects.
On eligibility, projects must generate revenue in the short term, span an incubation period of 6 months with a huge potential for innovation; they must tackle effectively an identified problem in the fields of agriculture, breeding, digital technology, art and culture as well as sports and leisure.
Objectives of the competition
The objectives of the competition are to:
- reduce, among the youths of Central Africa, the gap between academic qualifications and the skills required from them in the area of entrepreneurship and business creation, on the one hand, and underemployment on the other hand;
- develop the skills of the youth of Central Africa in the area of entrepreneurship and business creation in order to bolster sustainable self-employment and empowerment;
- award and promote projects that are innovative, replicable and immediately implementable with a huge potential for economic, social and environmental impact.
Advantages of the competition
- Awarding of prizes to managers of best projects;
- Promoting selected projects;
- Offering of free training to winners and a token to other candidates;
- Ensuring individual coaching for entrepreneurial projects/business creation;
- Promoting the incubation of enterprises and mentoring best projects.
Applicant's eligibility
To be eligible, the candidate must be:
- a young individual project manager aged between 18 and 35 years and a citizen from a country in Central Africa
OR
- a young student mandated by his/her home university or institution of higher education in Central Africa and managing the project promoted by the said university or institution
OR
- a member of a youth association in a country of Central Africa and manager of a project promoted by the same.
Prizes to the competition winners
- General prizes
|
Rang |
Amount |
Other prizes |
|
1st prize |
1, 000,000 CFA F |
Computer kit, office supplies, certified training |
|
2nd prize |
500,000 CFA F |
Computer kit, office supplies, certified training |
|
3rd prize |
300,000 CFA F |
Computer kit, office supplies, certified training |
|
4rd prize |
200,000 CFA F |
Computer kit, office supplies, certified training |
|
5th prize |
100,000 CFA F |
Computer kit, office supplies, certified training |
|
6th to10th prize |
50,000 CFA F |
Computer kit, office supplies, certified training |
|
N.B: For collectively managed projects, an additional prize shall be awarded to the home association/institution of higher education. |
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- Prize by category :
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Category |
Prize |
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Agribusiness / Agro-industry |
Funding and promotional prizes |
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Innovation/Digital technology/Technology |
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Art / Culture / Show |
|
|
Female Award |
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Special prize |
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N.B: For promoters of collective projects, an additional prize shall be awarded to the home association/institution of higher education.
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Training and coaching package
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Modules |
Topic |
Eligibility |
|
Entrepreneurship |
Review of entrepreneurial profile |
|
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Market analysis |
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Business plan |
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Project management |
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Business creation |
Review of the legal and administrative framework |
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File compilation |
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Performance management |
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Team management |
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Follow-up (6 months) |
Incubation |
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Search for financing |
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Search for partners (suppliers, consultants) |
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Supply of equipment (computers, telephones, office supplies) |
Competition process
|
No |
Step |
Follow-up |
Period |
|
1 |
Online and direct submission of applications |
Continuous reception and pre-selection of applications based on the eligibility criteria: quality of the candidate, project area, completeness of the application file |
February to May 10th, 2018 |
|
2 |
Compilation of application files by sector and transmission to examinators |
Continuous rating of the applications received |
May 1st - 10th, 2018 |
|
3 |
Thematic meetings and general meeting of selection boards for provisional classification | Publication of the provisional classification and notification of all applicants |
May 14th-15th, 2018 |
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4 |
Sending of projects defense videos by shortlisted candidates | Transmission of project defense videos to examinators for rating |
May 15th-17th, 2018 |
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5 |
Establishment of the final ranking by the examinators at the awards ceremony | Live announcement of the final ranking, media publication and notification to all registered candidates |
May 18th, 2018 |
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6 |
Announcement and presentation of prizes to the winners during the awards night | Follow-up and collection of announced awards for winners |
May 18th, 2018 |
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7 |
Training & Coaching of winners and other project leaders | Elaboration of specific courses to the expectations of each select project holder |
July-August 2018 |
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8 |
Project development and maturation |
Elaboration of specific courses to the expectations of each select project holder |
August-November 2018 |
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9 |
Launch of matured projects |
Monitoring project holders |
From November 2018 |
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10 |
Empowering project holders | Resolving potential issues |
Till Februrary 2019 |
Submission of applications
Applications containing the following items must be submitted to the JPO Solutions headquarters or online latest on May 10, 2018 at 4p.m.:
- Project concept note (according to the template provided) available at JPO Solutions headquarters or to download via the following link: HERE
- Cover letter addressed to the Chief Executive Officer (CEO) of JPO Solutions
- Photocopy of the national identity card of the project holder
- Subscription form to be withdrawn at JPO Solutions headquarters or downloaded via the following link: HERE
Online applications may be submitted via the link HERE after compilation of the above mentioned atttachments
Awards
The award ceremony, slated for May 18, 2018 in Yaounde, will begin at exactly 4 p.m.
For more information, you can contact us at the following numbers or e-mail us:
Tel: 243 62 50 59/694 887 688/690 91 03 20/679225541
jposolution@gmail.comHaut du formulaire
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