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PNG Haus Bung
PNG ENTREPRENUERS INVITED TO ENTREPRENEURSHIP WORLD CUP
Papua New Guinean entrepreneurs are being invited to enter the Entrepreneurship World Cup (EWC) to connect to a global community of entrepreneurs and for a chance to pitch for a share of US$1 million (over K3 million) in prizes plus additional investment opportunities and in-kind support.
The Kumul Foundation Inc is the official lead partner and organizer in Papua New Guinea for Entrepreneurship World Cup Papua New Guinea which will feed start-ups into the global competition, through a partnership recently forged by Chairman Anthony Smaré at the Global Entrepreneurship Conference in Saudi Arabia in March this year. The EWC will be contested by 400, 000 entrepreneurs from idea stage to growth stage across 200 countries with an aim to strengthen start-up eco-systems across continents.
âPapua New Guinea is an emerging start-up entrepreneurial ecosystem and to grow, PNG entrepreneurs need to connect with international entrepreneurial networks to learn, to form connections for ideas and investment, and to validate their start-ups. So I encourage as many start-up entrepreneurs who have exciting start-up companies in PNG to apply!â
âWe will have a national pitch competition, where winners will share in K30,000 in prize money, and get a chance at advancing further into the international competition, and hopefully we will have a Papua New Guinean start-up or two considered for the final list who will go to Saudi Arabia to pitch for the global prize in November later this yearâ.
But EWC is not just a global pitch competition with a shot at life-changing prizes. It elevates entrepreneurs from all stagesâidea-stage, early-stage, growth-stage or beyondâ by providing them with tools and resources to grow their venture. All applicants will receive access to EWC Accelerates, a virtual training program that helps entrepreneurs hone their skills and increase their chances of winning their national competitions and advancing to the Global Finals. The EWC online platform also offers all contestants who start an application access to $1,000 worth of perks. All founders who complete an application will receive access to more than $25,000 worth of perks. PNG applicants will apply through the global website www.entrepreneurshipworldcup.com . Applicants will be on-boarded and segmented into categories according to their stages; idea, early and growth, and will be invited to participate in Accelerate 1 to learn from a series of virtual training opportunities and sharpen their skills at pitching.
The National Finals competition for PNG will be held in September in Port Moresby. National winners will then move onto a boot camp and are considered EWC Group Stage contestants. The top 100 global winners will then advance through to further training sessions and eventually have the opportunity to network directly with potential investors. The top EWC100 will receive $100,000 in in-kind services from partners such as AWS, Freshworks, Google Cloud, Hubspot, Stripe, Zoom and more
The EWC100 will also be enrolled in the GEN Starters Club, providing a global peer network, mentorship and other support services to help members reach their full potential.
In October, all global finalists will be invited to participate in an intensive, virtual start-up boot camp and the top EWC100 will advance to pitch live at the EWC Global Finals held in Riyadh, Saudi Arabia in November 2022. The Entrepreneurship World Cup is hosted globally by the Global Entrepreneurship Network.
There will be several information seminars held over the course of the next month for those who wish to find out more in person about EWC.
The Kumul Foundation is currently putting together the panel of judges from investors and stakeholders in the PNG ecosystem as well as recruiting partners for sponsorship, prizes and investment in the start-ups. The judging panelists, sponsors, media partners and investors will also go into the global network and benefit from the opportunities to access training and investment opportunities globally. Companies and investors that are interested to become partners with EWC Papua New Guinea can email nedi@kumul.org for more information.
The Entrepreneurship World Cup is produced by the Global Entrepreneurship Network (GEN), backed by a broad collection of entrepreneurial support organisations and strategic partners. As a supporter of GEN and national host of the Global Entrepreneurship Week (GEW), the not-for-profit Kumul Foundation is creating a pathway for local entrepreneurs to access to a global platform with world class opportunities to take their entrepreneurial journey to new heights.
Published on July 2, 2022
ELECTION CALL CENTRE ESTABLISHED
Police Commissioner David Manning has announced the establishment of the Joint Security Task Force Call centre for the 2022 National General Election.
Mr Manning, who is also the chairman of the Joint Security Task Force, said as of yesterday (1st July 2022), callers can call the Joint Security Task Force Call Centre hotline number 1800500 to request for election information such as polling schedules, polling sites or to report an election related concern or crime.
âWe will have five lines dedicated to the public on a 24-hour basis until August 31st 2022 to assist the people with their queries. Staff manning the call centre will provide election information on the spot as required. All police complaints will be referred to the Joint Security Task Force Command Centre for analysis, assessment with directives issued to respective commands around the country for further action,â Mr Manning said.
The Commissioner said during the election period members of the security forces, especially police will be heavily engaged in election security operations so the people are not given the assurance that someone will be there to listen to them.
âWith the establishment of the Control Centre we are giving confidence back to the people. Their concerns and complaints will be heard and we will act upon them if and as necessary,â Mr Manning said.
Meanwhile, Mr Manning said election security operations around the country have progressed well with the Quick Response Force consisting of Police, Defence and Correctional Services already inserted into the highlands. He said Mobile Squads from the Special Services Division have been deployed for election security duties for provinces within the New Guinea Islands and Southern regions.
Mr Manning said all commands from around the country are being positioned to provide security for polling when it commences on Monday July 4. Polling for the Hela province kicks off on July 4. The other two provinces within the Highlands Western Divisional Command, Enga and the Southern Highlands Provinces, commences on July 7 and 11 respectively.
Polling for the Highlands Eastern Divisional Command commences on July 12 for Eastern Highlands Province, July 13 for both Jiwaka and Western Highlands provinces and Simbu Province on July 15.
Polling in the Northern Divisional Command commences on July 4 for both Lae Metro and the Morobe Province. Madang will be polling on July 7 and the Eastern Highlands Province on 12 July.
Mr Manning said all logistical arrangements including air support for security personnel engaged in polling duties as well as the QRF are in place and will be provided as and when required.
âAs we go to the polls on Monday I wish to again appeal to candidates, their supporters and the general public to take responsibility and make this a free, fair, safe and corruption free election. I appeal also to all members of the Joint Security Task Force engaged in providing security for the election and members of the PNG Electoral Commission to be honest, diligent and committed in the discharge of their duties,â Mr Manning said.
Published on July 2, 2022
DISTRICT ADMINISTRATOR CHARGED FOR POSSESSING ILLEGAL AMMUNITION
Acting District Administrator of Tambul Nebilyer Philip Taipa was arrested and charged yesterday by NCD Metropolitan police for illegally possessing high powered ammunition.
Taipa allegedly attempted to smuggle 39 rounds of high powered rifle bullets into Mount Hagen yesterday when he was caught by security at the Jacksons Airport terminal.
The public servant allegedly went to the airport and produced his pistol license and consigned a package containing the bullets when he was caught.
Security staff found four boxes of 9mm pistol bullets (totalling 200) and 39 rounds of 7.76mm high powered bullets inside the package.
Taipa was licensed to carry the 9mm rounds but the 7.76mm rounds commonly used in the military were deemed illegal and Taipa was detained by security and referred to Airport Police.
Airport Police Station Commander Inspector Ben Wiai said Taipa 58 of Pusa village Tambul Nebilyer in the Western Highlands provinve was charged by CID under section 65A Chapter 310 of the Firearms Act, for being in posession of 39 rounds of 7.76mm rifle bullets.
He was refused bail and detained at the Boroko Police Station cells and will appear in court soon.
Published on July 2, 2022
USAID AND COCA-COLA PARTNER TO SUPPORT DEVELOPMENT ACTIVITIES IN PNG
The United States Agency for International Development (USAID) and Coca-Cola Europacific Partners (CCEP) signed a Memorandum of Understanding in support of development activities in Papua New Guinea (PNG).
USAID Philippines, Pacific Islands, and Mongolia Mission Director Ryan Washburn joined Coca-Cola PNG General Manager Philippe Mondada to sign the Memorandum of Understanding to promote womenâs empowerment, safe water, and sustainable economic growth in his first official trip to PNG.
âBusiness is good for development, and development is good for business,â said Mission Director Washburn. âUSAID makes it a top priority to consult, strategize, align, collaborate, and implement with the private sector for greater scale, sustainability, and effectiveness. We are happy to partner with Coca-Cola to enhance our development impact in PNGâ
Mr. Mondada emphasized the importance of growing their business sustainably. âCoca-Cola has made a number of commitments that align with the targets underpinning the United Nations Sustainable Development Goals. Our collaboration with USAID is a great example of Goal 17: Partnership for the Goals and helps us move beyond Corporate Social Responsibility to create shared value and development impact,â he said.
USAID and CCEP will jointly support womenâs empowerment and work to combat gender-based violence (GBV), a key development challenge in PNG, with some studies showing over 70 percent of women in PNG have experienced violence in their lifetime. USAID and Coca-Cola recently partnered to raise awareness of the 16 days of activism against GBV through a joint Public Service Announcement.
USAID and Coca-Cola will also work together to support the establishment of the American Chamber of Commerce (AmCham) Coral Sea to promote sustainable economic growth, foreign investment, and greater opportunities for U.S. & Pacific companies in the Coral Sea.
In addition, USAID and Coca-Cola will continue to collaborate to bring safe water and sanitation services to communities. In Papua New Guinea, only 33 percent of people in rural areas have access to safe water, and only 13 percent have access to basic sanitation. In celebration of World Water Day earlier this year, USAID, Coca-Cola, and IOM educated more than 900 schoolgirls at Marianville Secondary School on the importance of freshwater resources and showcased USAIDâs public-private partnership with Coca-Cola. USAID, Coca-Cola, and IOM also jointly ran a PSA about how the public can care for freshwater resources in PNG.
USAID and the Coca-Cola Company have a long history of partnership, collaborating on numerous major initiatives, including water, youth and gender, entrepreneurship, health, food security, and innovation and e-payments. Specifically, Coca-Cola and USAID have collaborated on more than 43 projects in over 30 countries.
In Papua New Guinea, USAID focuses on combating COVID-19, public health, climate change, biodiversity, good governance, economic growth, energy, infrastructure, disaster risk reduction, and digital connectivity.
Coca-Cola Europacific Partners is one of the leading consumer goods companies in the world.
Published on July 2, 2022
PNGEC RELEASES POLLING SCHEDULE
Below is the 2022 National General Election Polling schedule that was officially released by the Papua New Guinea Electoral Commission on 30th June 2022.
[pdf-embedder url="https://pnghausbung.com/wp-content/uploads/2022/06/POLLING-SCHEDULE11.pdf" title="POLLING SCHEDULE(1)(1)"]
Published on July 2, 2022
BILUM EM I LIFE EXHIBITION LAUNCHED
The Bilum Em I life Exhibition was launched at the National Museum and Arts Gallery as an education centre for Bilums this week.
The partnership between United Nations Population Fund, Goroka Bilum Weavers and The National Museum is to educate the population on the hidden messages behind the different bilum designs.
Goroka Bilum Weavers representative, Florence Jaukae in her remarks spoke about the different patterns, the meanings and how the patterns came to be.
âBilum em mama, It is a culture that needs to be respected, protected and preserved for the future generation.â
âOur bilums are as diverse as we are, across all our different traditions, designs and materials,â
Jaukae said the Skin pik, Fallopian Tube, Half Diamond, Diamond, Mountain and Spider Web all had their own story and the meaning behind the design.
"For Example, the Skin pik pattern came about to represent the marginalised women in the community. The diamond pattern is associated with a young girlâs journey into adulthood and the spider web pattern represents patience."
UNFPA Country Representative, Marielle Sanders that this exhibition is important as it is part of UNFPAâs efforts to raise awareness surrounding the empowerment of women in Papua New Guinea as well as their sexual and reproductive health and rights.
She added that the bilum patterns a way for women to communicate about milestones and challenges faced by women in their journey from adolescence to adulthood.
Published on July 1, 2022
COCOA AND VANILLA FARMERS SUPPORTED WITH TOOLS
In a bid to enable farmers to put into practice skills acquired during capacity building trainings, the EU Funded UN Joint STREIT PNG Programme has started distributing tools and materials that will enable rural communities to improve their husbandry practices in cocoa and vanilla blocks.
This intervention which started in May has so far distributed to 52 cocoa farmer groups in East Sepik Province and 38 cocoa farmer groups in Sandaun Province with 900,000 polybags, 90 shade cloths, 180 telescopic pole pruners, 90 measuring tape and 90 boxes of budding tape.
These inputs will help the farmers to rehabilitate their blocks to improve the production of high-quality cocoa beans for an increased income to support their livelihood and families.
These groups all have already received tailored training on cocoa bud grafting and block management organised by the Programme in collaboration with PNG Cocoa Board and Department of Agriculture and Livestock officers in the districts and LLGs . The skills acquired during these trainings assist the farmers to enhance their cultivation, farm management and harvesting practices.
The 90 registered cocoa groups of over 45,000 farmers have started propagation of cocoa bod borer (CPB) tolerant seedlings in their respective nurseries. The Programme will continue to support them, whereby each group will have their seedlings purchased and distributed to their respective members or farmers including youths and women for free.
âI want to say thank you to STREIT PNGÂ and the financiers of this Programme the European Union. The trainings we attended, we will now put into practice using these tools and materials,â said Mrs Maureen Mombi, whom with her husband Ben are organizing and supporting three farmer groups of 1500 members from Mushu Island, Hambraure Village (Wewak District) and Hambini Village (Ambunti-Drekikier District).
For the vanilla value chain, the Programme has distributed 120 sets of vanilla cultivation, husbandry and processing tools including shovels/spade, gumboots, pruning baskets, harvesting knife, cooking pot, cooler box, strainer, thick clot, digital thermometer, kraft/wax paper, plastic canvas, and cardboard box to the farmers in 11 villages of Wewak District and 4 villages of Aitape/Lumi District.
6 Vanilla vines treatment shed with a 10,000 vines capacity has been established. The vanilla kits and sheds in total so far is supporting more than 4000 men, women and youths in rural Sepik.
âThe transfer of knowledge and skills to farmers and their families is an important extension activity that must be supported with tools and materials. Under the Programme we distributing these items as well with new technology to improve their practice,â explained Programme Coordinator Dr Xuebing Sun. âTools and materials are vital link in adoption of technologies for sustainable farming systems which is being encouraged under the Programme,â added Dr Sun.
Among the recipients were 1000 plus farmers from four remote communities of inland Turubu area in Wewak District, East Sepik Province. On behalf of youths and women in the village who will also benefit from this intervention, Brigitte Kamiresa, a mother at Mundangai Village, said: âI want to thank European Union. We mothers didnât attend big schools so our youths or kids will help train us to use these tools and materials to improve our practices.â
The national technical officers of cocoa and vanilla value chain have also explained on the local radios the distribution of tools and materials for farmer groups/clusters that have already been formalised and are supported under the rural agriculture development programme. âIf you have transport, please come to the office at Wharf Road. For those in hard-to-reach areas, we will come to you,â said Mr Michael Lames, National Cocoa Value Chain Officer.
The distribution of quality inputs by the Programme will continue to cover other farmer groups in the Programmeâs implementation sites in East Sepik and Sandaun provinces. The EU-STREIT PNG, as a UN Joint Programme (FAO as leading agency, and ILO, ITU, UNCDF and UNDP as partners), is the largest grant-funded Programme of the European Union in the country and the Pacific region.
Being implemented in close cooperation with the National and provincial government institutions, research entities, civil society organizations, and private sector enterprises, the Programme aims to help improve the lives of the people from East Sepik and Sandaun provinces, by focusing on increasing sustainable and inclusive economic development of rural areas through improved economic returns and opportunities from cocoa, vanilla and fishery value chains while strengthening and improving the efficiency of value chain enablers, including the business environment, and supporting sustainable, climate-proof transport and energy infrastructure development.
Published on July 1, 2022
OPERATION KIMBA SEES FURTHER EXTENSION OF PNGDF AND ADF PARTNERSHIP
Australian Defence Force (ADF) personnel deployed on Operation KIMBA have been in PNG since early June at the request of the PNG Government to assist with the National Elections.
The ADF has more than 130 personnel and three aircraft operating from the Papua New Guinea Defence Force (PNGDF) Air Transport Wing (ATW) in Port Moresby to provide planning, logistics and air transport support. This has involved transporting PNG Electoral Commission material, as well as Joint Security Task Force members all across the country.
The two C27-J Spartan and one C-130J Hercules aircraft have conducted numerous flights to a wide range of locations, including Wewak, Mt Hagen, Kiunga, Moro, Vanimo, Buka, and Lae. The Spartan aircraft are particularly suited to landing in mountainous terrain on short runways, such as Telefomin and Wapenamanda.
The Commander of the ADF Joint Task Group on Operation KIMBA, Wing Commander Michael Rouhan said that Operation provided an opportunity for ADF and PNGDF personnel to enhance existing relationships and share expertise and skills.
âA wise PNGDF colleague of mine told me that ârelationships are not about transactional activities, it is about being with usâ,â said Wing Commander Rouhan.
âThe shoulder-to-shoulder integration between ADF Operation KIMBA staff and the PNG ATW team in supporting the national election through air mobility effects, is a perfect example of such a strong relationshipâ, he added.
This sentiment is shared by the ADFâs counterparts in the PNGDF. The Commanding Officer of ATW, Lieutenant Colonel Nancy Wii said that Operation KIMBA was a highlight in ATWâs longstanding partnership with the ADF.
AUSTRALIAN HIGH COMMISSION
PORT MORESBY
âThe ADF deployed here have provided technical training for our ATW personnel, giving our ground crew essential training, as well as our loadmasters and pilots accompanying flightsâ, said Lieutenant Colonel Wii.
âIt has been really, really good, and the person-to-person relationship is very important. Our people are enjoying and benefiting from the experience,â she added.
Published on July 1, 2022
STEAMSHIPS APPOINT NEW GENERAL MANAGER CORPORATE AFFAIRS
Steamships has announced the appointment of Mr Vele Rupa as General Manager Corporate Affairs replacing Mr David Toua who moves on to be Chairman of the Central Bank of PNG and Principle Private Sector Advisor for Abt Associates.
Mr Rupa joins Steamships from Mineral Resources Development Company (MRDC) where he was seconded to the State Negotiating Team working on resource projects like Papua LNG, Pânyang, Porgera, Pasca A and more recently Wafi-Golpu.
Vele brings to Steamships a deep understanding of the resource industry having worked with both the Department of Treasury and ExxonMobil in the past.
The addition of Mr Rupa to the Steamships Executive Management Group at a time when there are high expectations for resource-driven growth is timely.
He leads Steamships corporate communications, community engagement, corporate development and sustainability teams and provides a central link between significant private sector business and the State and with the broader business community.Â
Mr Rupa was educated at the Port Moresby National High School before going on to earn a double degree in Political Science & Public Policy Management from the University of Papua New Guinea.Â
 As Steamships welcomes Mr Rupa, it also acknowledges the decade-long contribution of Mr David Toua. Mr Toua has been an excellent ambassador for Steamships, and as Chairman of the APEC Advisory Committee for Papua New Guinea.Â
Davidâs deep commitment to Steamships and to the development of the company and of the general business community is widely acknowledged and his recent appointment as an Officer of the Most Excellent Order of the British Empire (OBE) is a fitting recognition of that work.Â
We wish him continued success in his future endeavors and his legacy will continue for many years within Steamships as he provides inspiration for our future leaders.
 Steamshipsâ time in Papua New Guinea has seen it evolve into seven distinct businesses that span three industries: property, hospitality, and logistics.
The can-do spirit that has made Steamships a PNG leader is imbued in everything we do. Our success has been built on creating sustainable shareholder value through long-term investment, development, diversification, operational excellence, and good governance.
 At Steamships we believe that every day brings the potential to do things better than yesterday. We donât just do business in Papua New Guinea, itâs our home.
Published on July 1, 2022
USAID TO PROVIDE 17.8 MILLION KINA TO SUPPORT COVID-19 RESPONSE
The United States Government, through the U.S. Agency for International Development (USAID), announced USD $5 million (17.8 million Kina) in support to the Government of Papua New Guineaâs ongoing COVID-19 response.
Announced by USAIDâs visiting Deputy Mission Director for the Pacific Islands and Mongolia, Betty Chung, this support includes USD $1 million in technical assistance to support the National Department of Health and key development partners to implement planned activities under the Global Fundâs COVID-19 Response Mechanism. USD $4 million will be used to install comprehensive liquid medical oxygen systems at Port Moresby General Hospital and Angau General Hospital in Lae.
USAID Deputy Mission Director Chung said, âUSAID is proud to partner with the Government of Papua New Guinea and other key stakeholders to strengthen the countryâs health system and mitigate the impacts of COVID-19. Iâd like to acknowledge our goodwill and partnership with the National Department of Health, National Control Center, and the COVID-19 Vaccine Ministerial Task Force. The milestones we have achieved to date would not have been possible without your strong commitment and enduring partnership.â
In response to Deputy Mission Director Chungâs announcement, Executive Director of the Task Force Api Kassman said, âWe welcome the continued commitment from such a key partner as the United States. In particular the sustainable and long term focus of the investments that are being made. Strengthening technical capacity and health system infrastructure remains a priority of the government now and into the future. Building back better requires such sustainable investments that seek to benefit all of health, for all of Papua New Guinea."
With this assistance, the U.S. government, through USAID and the U.S. Department of Defense, has provided more than USD $24 million (85.7 million Kina) to address COVID-19 in PNG. USAID support has helped the country implement internationally recognized infection prevention and control strategies, strengthen laboratory systems, vaccination rollout in the NCD, Madang, and Central provinces, case management, surveillance tracking, and trainings for PNGâs healthcare professionals about COVID-19 prevention, care, and vaccination.
This assistance is part of a global campaign by the United States to mitigate the COVID-19 pandemic and support equitable access to vaccines for the worldâs most vulnerable. The U.S. is committed to partnering with PNG and other Pacific Island countries to end the COVID-19 pandemic, mitigate its devastating social and economic impacts, and build back a world that is even better prepared for future outbreaks.
Published on July 1, 2022
SP PNG HUNTERS FACE OFF JETS IN MUST-WIN R13
The SP PNG Hunters will travel to North Ipswich Reserve this Saturday, 2nd July at 3pm to take on the Ipswich Jets in Round 13 of the QRL Hostplus Cup.
Saturdayâs match up presents as a winnable game for both the Hunters and Jets, who currently sit in 12th and 14th place respectively on the QRL premiership ladder. With finals fast approaching, the two points on offer this weekend are invaluable as both sides look to keep their 2022 season alive.
The Hunters have everything to play for on Saturday following a disappointing outing against the Northern Pride in Round 12, two weeks ago. The PNG side were shocked right from the outset by a lively Pride outfit led by fullback Julian Christian, who set up a try in the opening minute and ran away with it from there.
With a week off in between games to prepare for the Jets on Saturday, the Hunters will come out with a point to prove in Round 13.
It's a completely different story for the Ipswich Jets, who come into this game on the back of their first win of the 2022 season in Round 12 against the Souths Logan Magpies. Halfback Lachlan Cooper had a day out in that game, setting up three tries and kicking five from five off the tee to help the Jets to a drought breaking victory.
With a similar squad named to take on the Hunters this weekend, the Jets will be full of confidence in notching their second win of the season on Saturday.
The last time these sides met was in Round 2 last year, with the PNG Hunters coming away dominant 44-22 victors. Current Huntersâ skipper Keven Appo (29 tackles) was tireless in defence in that game, while Sylvester Namo (115 running metres) was immense playing from the bench. Both players will be key to the Huntersâ chances again this weekend.
Player(s) to Watch
The PNG Hunters mightnât have played last weekend with the QRL observing a weekend off, but it was anything but for eight Hunters and a host of our coaching and playing staff taking part in the PNG Kumulsâ gripping Test win over the Fiji Bati last week.
Wartovo Puara Jr, Solo Wane, Dilbert Issac, Sylvester Namo and Emmanuel Waine all suited up for the Kumuls last Saturday while Terry Wapi, Junior Rop and Sherwin Tanabi made up the extended squad, and all eight players will bring invaluable experience and confidence back to the Hunters camp this week.
Alongside the Huntersâ host of representative players taking the field this week, Round 13 also marks the return of veteran forward Ila Alu from a shoulder injury sustained in the preseason trials. Named to make his first appearance of the 2022 season from the bench on Saturday, Alu will provide this young Hunters squad with great leadership and experience around the ruck against the Jets.
Coachâs Comments
Head Coach Matt Church says there is no room for complacency as his side takes on the 14th placed Ipswich Jets on Saturday.
âWeâre expecting a very hungry footy side that is looking to win,â said Church. âWe need to be detailed in defence and ensure we win the collision this week to give ourselves the best chance.â
On the slated return of Ila Alu, Church said he was looking forward to seeing him back out on the park.
âItâs a credit to our performance staff and to Ilaâs professionalism that he has come back according to schedule. His leadership and experience will be invaluable to us in the back end of the season,â said Church.
Published on July 1, 2022
ENTREPRENEURSHIP CONTEST TO BE STAGED IN SAUDI ARABIA
Papua New Guinean entrepreneurs are being invited to enter the Entrepreneurship World Cup (EWC) to connect to a global community of entrepreneurs and for a chance to pitch for a share of US$1 million (over K 3 million) in prizes plus additional investment opportunities and in-kind support.
The Kumul Foundation Inc is the official lead partner and organizer in Papua New Guinea for Entrepreneurship World Cup Papua New Guinea which will feed start-ups into the global competition, through a partnership recently forged by Chairman Anthony Smaré at the Global Entrepreneurship Conference in Saudi Arabia in March this year.
The EWC will be contested by 400, 000 entrepreneurs from idea stage to growth stage across 200 countries with an aim to strengthen start-up eco-systems across continents.
âPapua New Guinea is an emerging start-up entrepreneurial ecosystem and to grow, PNG entrepreneurs need to connect with international entrepreneurial networks to learn, to form connections for ideas and investment, and to validate their start-ups. So I encourage as many start-up entrepreneurs who have exciting start-up companies in PNG to apply!â
âWe will have a national pitch competition, where winners will share in K30,000 in prize money, and get a chance at advancing further into the international competition, and hopefully we will have a Papua New Guinean start-up or two considered for the final list who will go to Saudi Arabia to pitch for the global prize in November later this yearâ.
But EWC is not just a global pitch competition with a shot at life-changing prizes. It elevates entrepreneurs from all stagesâidea-stage, early-stage, growth-stage or beyondâ by providing them with tools and resources to grow their venture.
All applicants will receive access to EWC Accelerates, a virtual training program that helps entrepreneurs hone their skills and increase their chances of winning their national competitions and advancing to the Global Finals.
The EWC online platform also offers all contestants who start an application access to $1,000 worth of perks. All founders who complete an application will receive access to more than $25,000 worth of perks. PNG applicants will apply through the global website www.entrepreneurshipworldcup.com .
Applicants will be on-boarded and segmented into categories according to their stages; idea, early and growth, and will be invited to participate in Accelerate 1 to learn from a series of virtual training opportunities and sharpen their skills at pitching.
The National Finals competition for PNG will be held in September in Port Moresby. National winners will then move onto a boot camp and are considered EWC Group Stage contestants.
The top 100 global winners will then advance through to further training sessions and eventually have the opportunity to network directly with potential investors. The top EWC100 will receive $100,000 in in-kind services from partners such as AWS, Freshworks, Google Cloud, Hubspot, Stripe, Zoom and more
The EWC100 will also be enrolled in the GEN Starters Club, providing a global peer network, mentorship and other support services to help members reach their full potential.
In October, all global finalists will be invited to participate in an intensive, virtual start-up boot camp and the top EWC100 will advance to pitch live at the EWC Global Finals held in Riyadh, Saudi Arabia in November 2022. The Entrepreneurship World Cup is hosted globally by the Global Entrepreneurship Network.
There will be several information seminars held over the course of the next month for those who wish to find out more in person about EWC.
The Kumul Foundation is currently putting together the panel of judges from investors and stakeholders in the PNG ecosystem as well as recruiting partners for sponsorship, prizes and investment in the start-ups.
The judging panelists, sponsors, media partners and investors will also go into the global network and benefit from the opportunities to access training and investment opportunities globally. Companies and investors that are interested to become partners with EWC Papua New Guinea can email nedi@kumul.org for more information.
The Entrepreneurship World Cup is produced by the Global Entrepreneurship Network (GEN), backed by a broad collection of entrepreneurial support organisations and strategic partners.
As a supporter of GEN and national host of the Global Entrepreneurship Week (GEW), the not-for-profit Kumul Foundation is creating a pathway for local entrepreneurs to access to a global platform with world class opportunities to take their entrepreneurial journey to new heights.
Published on June 30, 2022
