King Bedouin Foundation seeks nominations for the Prize for Corporate Governance in the DR Congo 2011-2012 from exceptional company managers in the country that are running successfully besides working for the development of local people.
About the Fund and Prize
The Fund Corporate Governance in the DR Congo, created in 2010 and managed by the King Bedouin Foundation, aims at promoting the development of the spirit of enterprise in the DRC based on the principles of good governance and social responsibility.
The fund awards a biennial Prize for Corporate Governance in the DR Congo in order to project a positive image of a particular company that participates in the economic development of the Congo for the benefit of the local population, and to promote good business practices to generally inspire the Congolese private sector.
The Prize is given to a woman or a man, who manages her or his company in an exceptional way, in order to ensure that her or his company remains in sound financial health, and for the development of the community and society in general. The Prize is equivalent to EUR 25.000 and will be awarded to the winner in Kinshasa in 2012.
Eligibility Criteria
The entrepreneur must:
1. Be of Congolese nationality.
2. Have her or his main residence in the DRC.
3. Manage a private medium-sized company since at least 1st January 2009, which is legally registered in the DRC. Its business activities must be located mainly within the DRC (personnel registered in the DRC, taxes and duties mainly paid in the DRC).
Selection Criteria
The selection criteria are focused on the objectives and the achievements of the applicant in matters of good governance in the broadest sense, stated in criterion 1. The Fund has gained its inspiration from the recent IS0 26000 guidelines, which combine several documents of reference, such as the Millennium Goals, Global Compact, the ILO standards, the OECD guidelines, etc.
The extent of the formal and informal commitment on the part of the company/entrepreneur to meet the objectives of the following seven guidelines, beyond legal requirements and regulations
– Organizational Governance
– Labour practices
– Fair operating practices
– Consumer issues
– Community involvement and development
Last date for submission of nominations is October 8, 2011.
For more information and details, you can visit this link.
