Benin’s Regulatory Authority of Electronic Communications (ARCEP) has announced a new competition for start-ups named “Best Start-up 2018”.
Hervé Guedegbe, Executive Secretary of ARCEP says the competition aims to recognise local start-ups that have made a positive impact on the country and its people.
His words, “The Best Start-up 2018 Competition aims to reward young people, companies and promoters of Benin for their achievements or innovative projects that were established to increase the impact on the Beninese population and to contribute to development and stability in a sustainable way.” Contestants have until 6 pm (local time) on 1 June to deliver their works at ARCEP’s offices in Cotonou.
Competition categories include e-commerce, e-Education, e-Agriculture, e-Etat-Civil, e-justice and e-Banking, among others. ARCEP is yet to announce the value of the prize money.
Benin’s start-up ecosystem stands to benefit from a new XOF 207 billion innovation hub called Seme City in Cotonou. Seme City’s business incubator has the capacity to support up to 250 start-ups once the development is complete, according to a statement released by President Patrice Talon in 2017.
