Total Nigeria Plc and Total Upstream Companies in Nigeria have launched an initiative focused on promoting local content and the entrepreneurial drive of young business people in the country by providing financing support, among others.
The companies described the new initiative, ‘Startupper of the year by Total’, as a local contest initiated simultaneously by the Total Group in Nigeria and 33 other African countries including Algeria, Angola, Kenya, Cameroon and Ghana.
It is said to be targeted at young people in a bid to encourage them to take part in developing their communities and contribute to the nation’s economic growth.
The Managing Director, Mr. Alexis Vovk, Total Nigeria Plc, at a briefing in Lagos, said, “The competition aims to identify, reward and provide support to the best business creations and business development projects that are not more than two years of existence.
“Its purpose is to provide support for projects designed to promote social and economic development of 34 countries on the African continent including Nigeria. The winning projects will be awarded the tag, ‘Startupper of the year 2016 by Total’.”
He said the initiative would support young Nigerian entrepreneurs below the age of 35 by giving them financial support, customised coaching, an impactful and rewarding label and visibility.
“We have identified that young entrepreneurs are not only interested in financial support. They are looking for empowerment and visibility.”
Stating that the online platform for the presentation of the ideas would be opened on November 1, Vovk said, “The challenge ‘Startupper of the year by Total’ is part of Total’s global initiative of supporting the socioeconomic development of all the countries where it operates worldwide.
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