Quoting correspondence issued by Orange, the tech site ticmag.com has announced that the French telecom group has just launched “Orange Digital Ventures”, a concept that aims to identify and support start-ups in their early developmental stage by providing the financial support they need at this key moment.

The total sum allotted for this purpose is 20 million euros (a little over 11.3 billion FCFA).

Start-ups wishing to take part in this programme are to get in touch with the Orange Digital Ventures on its web site: digitalventures.orange.com.

Orange Digital Ventures is a product that is a part of the group’s Open Innovation strategy.