MEST Africa has officially announced the opening of applications for the 2022 MEST Africa Challenge. Pre-seed to seed stage technology startups in Ghana, Nigeria, Senegal, Kenya, and South Africa are invited to apply to participate in the regional competitions to be held in these countries in October this year. Two finalists will be selected from each country to participate in the final Demo Day Pitch event to be held in Accra, Ghana for the ultimate prize of $50,000 in equity.
Entries will be accepted till 30th August 2022 through the competition’s online portal.
Speaking on the 2022 edition of the competition, MEST Africa’s Director of Portfolio, Melissa Nsiah said, “We are excited to bring back this competition to give more African Startups a platform to showcase and build on their unique value in an era where African startups and innovations are taking center stage and gaining global recognition and investments. We look forward to an invigorating season that will increase the drive towards building better business in Africa.”
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Run by pan-African training program, seed fund, incubator and hub, MEST Africa, the MEST Africa Challenge (MAC) is Africa’s go-to pitch competition for technology startups looking to get to the next level of their growth journey. The challenge provides a stage for technology start-ups to raise funding, build industry networks and gain international visibility that would serve them well in growing and expanding their businesses.
The competition has received thousands of applications from around the continent since its inception. It has spotlighted and impacted the growth of winning startups such as Tanzania’s Kilimo Fresh, Ghana’s OZE, South Africa’s Snode Technologies, Kenya’s Waya Waya, and Nigeria’s Accounteer.
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Learn more and apply here before the 30th August 2022.
Eligibility Criteria for MAC 2022:
- Pre-seed or seed-stage (have raised $100k total or less cumulatively since inception)
- Currently generating revenue
- Can demonstrate traction in one or more of the five MAC Markets (Ghana, Kenya, Nigeria, South Africa, Senegal)
- Has been in operation for 2 years or less
- Tech-enabled (software company)
- Industry agnostic
- Any business model (B2B, B2C, B2B2C, B2G etc…)
Key benefits of the program:
- Funding of up to $50,000
- Perk prizes from MEST Strategic Partners
- Global visibility
- Build your networks
- Professional coaching
- Mentorship from experts
- Join the global MEST Community for lifetime benefits
MEST is a pan-African software and entrepreneurship training program, seed fund, and incubator helping to launch technology startups across the continent. Founded in Ghana in 2008 by serial entrepreneur Jorn Lyseggen, MEST is a 12-month program that provides critical skills training in software development, business, and communications to Africa’s burgeoning tech talent. MEST provides seed funding for the best ideas coming out of the program and continues to support the growth and development of its portfolio companies.
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To date, MEST has trained 1000s of entrepreneurs from across the continent and invested in over 80 startups across industries from Agritech, Fintech, SaaS, eCommerce, Digital Media, and Healthcare amongst others. MEST is fully funded by the Meltwater Foundation, the non-profit arm of the Norwegian company Meltwater; a global leader in social and media intelligence headquartered in San Francisco.
MEST Africa Challenge 2022 MEST Africa Challenge 2022
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh