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Chivas Regal has opened applications for the third edition of The Venture competition, which looks to identify and support the next generation of startups and allow them to stake their claim to part of a US$1 million social entrepreneurship fund.

African startups have been awarded cash previously at The Venture, with Kenya’s WeFarm a winner this year and South Africa’s Lumkani recognised in 2015. African startups can apply for the latest edition here.

The Venture is open to any for-profit-startup that creates both financial value and a positive impact on the lives of others. Since it first launched over 3,500 social enterprises have applied for the chance to receive a share of the annual US$1 million fund.

Selected startups will have the opportunity to take part in an Accelerator Week programme and travel to the United States (US) for the final event in July 2017.

“Promoting business as a force for good is a priority for Chivas Regal. There is a clear and growing desire around the world for change; people want to support and associate themselves with companies that are doing more than just making money,” said Richard Black, Chivas Regal global brand director.

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