December 6, 2022

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The MEST Africa Problem is on for 2022

3 min read

MEST Africa has formally introduced the opening of functions for the 2022 MEST Africa Problem.

Pre-seed to seed stage expertise startups in Ghana, Nigeria, Senegal, Kenya, and South Africa are invited to use to take part within the regional competitions to be held in these international locations in October this yr. Two finalists shall be chosen from every nation to take part within the last Demo Day Pitch occasion to be held in Accra, Ghana, for the final word prize of $50,000 in fairness. 

Entries shall be accepted until thirtieth August 2022 by the competitors’s on-line portal.

Talking on the 2022 version of the competitors, MEST Africa’s Director of Portfolio, Melissa Nsiah stated, “We’re excited to carry again this competitors to offer extra African Startups a platform to showcase and construct on their distinctive worth in an period the place African startups and improvements are taking middle stage and gaining world recognition and investments. We stay up for an invigorating season that may enhance the drive in the direction of constructing higher enterprise in Africa.”

Run by pan-African coaching program, seed fund, incubator and hub, MEST Africa, the MEST Africa Problem (MAC) is Africa’s go-to pitch competitors for expertise startups seeking to get to the subsequent stage of their progress journey. The problem supplies a stage for expertise start-ups to boost funding, construct trade networks and acquire worldwide visibility that will serve them properly in rising and increasing their companies.

The competitors has acquired 1000’s of functions from across the continent since its inception. It has spotlighted and impacted the expansion of profitable startups similar to Tanzania’s Kilimo Recent, Ghana’s OZE, South Africa’s Snode Applied sciences, Kenya’s Waya Waya, and Nigeria’s Accounteer.

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Be taught extra and apply right here earlier than the thirtieth August 2022.

Eligibility Standards for MAC 2022:

  • Pre-seed or seed-stage (have raised $100k whole or much less cumulatively since inception)
  • At present producing income
  • Can show traction in a number of of the 5 MAC Markets (Ghana, Kenya, Nigeria, South Africa, Senegal)
  • Has been in operation for two years or much less
  • Tech-enabled (software program firm)
  • Business agnostic
  • Any enterprise mannequin (B2B, B2C, B2B2C, B2G and many others…)

Key advantages of this system:

  • Funding of as much as $50,000
  • Perk prizes from MEST Strategic Companions
  • World visibility
  • Construct your networks
  • Skilled teaching
  • Mentorship from consultants
  • Be part of the worldwide MEST Neighborhood for lifetime advantages

About MEST Africa:

MEST is a pan-African software program and entrepreneurship coaching program, seed fund, and incubator serving to to launch expertise startups throughout the continent. Based in Ghana in 2008 by serial entrepreneur Jorn Lyseggen, MEST is a 12-month program that gives important abilities coaching in software program growth, enterprise, and communications to Africa’s burgeoning tech expertise. MEST supplies seed funding for the perfect concepts popping out of this system and continues to assist the expansion and growth of its portfolio corporations.

So far, MEST has educated 1000s of entrepreneurs from throughout the continent and invested in over 80 startups throughout industries from Agritech, Fintech, SaaS, eCommerce, Digital Media, and Healthcare amongst others. MEST is totally funded by the Meltwater Basis, the non-profit arm of the Norwegian firm Meltwater; a worldwide chief in social and media intelligence headquartered in San Francisco.

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