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 application portal.
MEST Africa’s Director of Portfolio, Melissa Nsiah, commented on the competition’s 2022 edition, saying, “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 the lead and gaining global recognition and investments. We expect a refreshing season that will encourage the desire to create stronger companies in Africa.”
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The MEST Africa Challenge (MAC), organized by the pan-African training program, seed fund, incubator, and hub MEST Africa, is the continent’s premier pitch event for technology entrepreneurs aiming to advance in their growth. Technology start-ups can use the challenge as a platform to acquire money, develop industry networks, and obtain recognition on a global scale that will help them develop and grow their company.
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.
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
Build your networks
Mentorship from experts
Join the global MEST Community for lifetime benefits
Learn more and apply here before the 30th August 2022.
Visit MEST Africa website for more info