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Global Opportunity Award
SIBESONKE PRESS RELEASE May 06, 2010
Espoo, Finland – Sibesonke Ltd today announced it has received the Global Opportunity Award in the Venture Cup 2010 during its 10th year celebration in Helsinki. Venture Cup was launched by McKinsey & Company in Year 2000 and rewards through a jury of 30 business professionals new growth companies according to their innovativeness, growth potential and realistic implementation. 94 teams participated in the Business Plan Phase of Venture Cup in Finland this year and Sibesonke Ltd was selected to the 10 finalists. Of all finalist companies Sibesonke then received the honorous Global Opportunity Award together with Audiodraft Ltd. The 10th Year Prize Giving Ceremony took place on Thursday 6th of May 2010 in the Festive Hall, Helsinki.
"We are very delighted to be recognized by Venture Cup Finland in its 10th celebration year for the company with the best global growth potential. Our company's vision is to bring life-empowering mobile phone services to literally billions of lower-income people in emerging countries. We know this prestigious recognition of being one of the most promising young start-up companies in Finland is yet another milestone in achieving our breath taking vision" comments Sibesonke Ltd CEO Mr Uwe Schwarz.
Venture Cup supports entrepreneurs and facilitates the realization of their new business ideas. By organizing idea and start-up competitions in Northern European countries young entrepreneurs have the opportunity to develop and upgrade their idea and turn it into a viable and successful business. Venture Cup has been discovering new entrepreneurs since 2000, and its work is instrumental in facilitating the becoming of new entrepreneurs and successful companies. Venture Cup co-operates with universities, institutions of higher education and business incubators. www.venturecup.fi
Sibesonke aims at serving billions of under-privileged people in emerging countries all over the world through a mobile service that does not require any upgrading or Internet data connection in the phone. Sibesonke's proprietary technology works even on 10 year old GSM phones. The service is currently life in South Africa and planned to be launched in other African countries within this year.
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