Following the success in the Silicon Valley, Orange is further developing "Orange Fab" - a program supporting the development of small innovative companies (start-ups). Starting from November entrepreneurs from France and South-East Asia are invited to participate in it, and in the first half of 2014, also Polish companies will be able to join in.
With the launch of three new Orange Fab programs in France, Japan (for the South-East Asia region), and Poland, Orange is reinforcing its ambition to become an incubator of entrepreneurship on an international scale.
"Welcoming students, engineers, developers, designers and entrepreneurs to our premises forms an important component of our strategy to engender open innovation, to innovate more quickly, with greater agility, in tune with our company culture. Orange Fab is absolutely part of that process," explains Stéphane Richard, Chairman and CEO of Orange.
"Telecom operators like Orange are accelerating the roll-out of a new phase of digital convergence, thanks to super high-speed broadband on 4G mobile networks and fibre. We believe that this delivery framework will help new start-ups to emerge, offering new solutions that will make the most of our networks," explains Vivek Badrinath, Executive Vice-President for innovation, marketing and technologies, Orange.
Orange Fab enables start-up entrepreneurs to focus on their growth, to launch their services on a global scale, and to create products and services that enhance the current world of telecommunications. To achieve this, Orange matches its experience in the telecoms industry with that of mentors from local technological ecosystems, while also providing funding and logistical support and enabling contacts with experts who may help them develop their own business. They will also spend two weeks at Orange Fab Silicon Valley meeting American experts and investors.
Start-ups in France are invited to present their applications via the orangefab.fr website before 31st December 2013. In order to apply, start-ups must present an existing product, already launched or in the advanced beta phase. Preferably they would not have raised their first round of investment from institutional investors yet. All necessary information can be found on the www.orangefab.fr website or @OrangeFabFr Twitter account.
In Poland, Orange Fab will be launched in the first half of 2014.
Orange is one of the world's leading telecommunications operators with sales of 43.5 billion euros in 2012 and has 166,000
employees worldwide at 30 September 2013, including 102,000 employees in France. Present in 32 countries, the Group has a
total customer base of more than 232 million customers at 30 September 2013, including 175 million mobile customers and 15
million fixed broadband customers worldwide. Orange is also a leading provider of global IT and telecommunication services to
multinational companies, under the brand Orange Business Services.
Orange is listed on the NYSE Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).
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