Some three years ago, we launched the Orange Corners Innovation Fund (OCIF). By providing early stage financing to young entrepreneurs in Africa and the Middle East, this fund aims to stimulate employment, innovation and business growth in the region. And ultimately, contribute to SDG 8, the creation of decent jobs.
Since 2019, OCIF has supported over 300 local entrepreneurs to take their business to the next level. Through OCIF funding, Orange Corners graduates can turn their business plans into reality. They can, for example, test their assumptions, develop prototypes and formalise their businesses. Or accelerate their business growth by investing in production capacity, equipment and personnel.
The OCIF Impact Report 2019-2022 discusses the impact of the fund and gives concrete recommendations for future programming.