MEST Africa extends deadline for startup competition

MEST Africa extends deadline for startup competition

MEST Africa has announced that the deadline for applications for the MEST Africa Challenge has been extended so that more people from all over the continent can participate.

Ghana, Nigeria, Senegal, Kenya, and South Africa have early-stage tech startups that are asked to enter the competition to show off their innovative businesses. Candidates can still apply, and they will be accepted until October 16, 2023.

Read also: MEST Africa opens applications for startup pitch competition

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Startups benefit from the MEST Africa Challenge. The winner will receive a USD 50,000 stock investment to accelerate business growth. The winner and other excellent participants will join MEST Africa’s global network to build relationships, get guidance, and invest. This technology helps startups expand and gain global recognition.

“It’s inspiring to see how excited and interested people from all over Africa are in becoming entrepreneurs and applying for jobs.” Thus, the MEST Africa Challenge application deadline has been extended. Every new, inventive organization has an equal chance to join this world-changing adventure. Portfolio Advisor and MEST Africa Challenge Lead Ashwin Ravichandran remarked, “We can’t wait to find the next game-changing startup that will change the African tech landscape.”

Senegal’s innovative B2B e-commerce firm, Kwely, won the MEST Africa Challenge 2022. This prestigious competition has launched top African firms throughout the years, from Tanzania’s Kilimo Fresh and Ghana’s OZE to South Africa’s Snode Technologies. Kenyan Waya Waya and Nigerian Accounteer were pioneers. The competition highlights Africa’s entrepreneurial spirit.

MEST Africa and the Mastercard Foundation have chosen 12 Ghanaian SMEs to participate in the Venture Acceleration Program.

Criteria for Eligibility for MAC 2023

 Regular monthly income: $5,000 or more

 Funds raised: less than $1M total

Years of age: less than three years 

 Traction: at least six months of steady income

 Founding team: at least two people from the founding team 

 Registered in Delaware (This is preferred)

 Proven success in MAC markets (Ghana, Kenya, Nigeria, South Africa, and Senegal)

Apply now at https://bit.ly/MAC2023_APO for the MEST Africa Challenge Startup Pitch Competition.