Meltwater Entrepreneurial School of Technology (MEST) has opened the application for its third annual challenge. The pan-African training and incubation hub will award $50,000 equity investment funds to winners.
The Challenge is open to startups based in Nigeria, Ghana, Kenya, Rwanda, South Africa, Senegal, Tanzania, Ethiopia, and Ivory Coast. A semi-final competition is scheduled to take place in each country after initial selection. At the end of the competition, the MEST Africa Summit will hold on the 15th of June in Accra Ghana.
The Meltwater Foundation is organized annually to showcase the most innovative early-stage startups in Africa. It is open to startups that looking to other markets.Meltwater Foundation will be awarding a $50,000 equity investment fund to each of the winners.
Big news for Africa’s tech entrepreneurs: $50,000 in private equity investment is available from @MESTAfrica @Micosoft #MESTAfricaChallenge: #Senegal #Rwanda, #Ethiopia #Tanzania #Ghana #Nigeria #Kenya #SouthAfrica #CôteDIvoire Apply Today: https://t.co/86iND89zSA pic.twitter.com/sRPvqFgcy3
— MEST Africa (@MESTAfrica) March 18, 2020
The first competition was organized in 2018 and received over 700 applications. In 2019, Ghana-based OZE, South Africa’s Snode Technologies, and Kenyan WayaWaya each went home with the $50,000 fund. The winners were also allowed to join the MEST Africa incubator community.
Applicationsfor the third annual challenge is open until the 18th of April 2020.
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