{"id":15346,"date":"2023-10-09T14:19:13","date_gmt":"2023-10-09T14:19:13","guid":{"rendered":"https:\/\/presspay.ng\/news\/?p=15346"},"modified":"2023-10-09T14:19:17","modified_gmt":"2023-10-09T14:19:17","slug":"updated-the-meltwater-entrepreneurial-school-of-technology-africa-mest-africa-challenge-startup-pitch","status":"publish","type":"post","link":"https:\/\/presspay.ng\/news\/updated-the-meltwater-entrepreneurial-school-of-technology-africa-mest-africa-challenge-startup-pitch\/","title":{"rendered":"Updated: The Meltwater Entrepreneurial School of Technology Africa (MEST Africa) Challenge Startup Pitch\u00a0"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>About<\/strong><\/h3>\n\n\n\n<p>MEST Africa (<a href=\"https:\/\/r.news.africa-wire.com\/mk\/cl\/f\/sh\/7nVU1aA2ng01QdoTwpjAE7XvYQ77UNn\/377h31aAVa81\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/Meltwater.org\/<\/a>) has announced the extension of applications for the MEST Africa Challenge to ensure broader participation from across the continent. Early-stage technology startups operational in Ghana, Nigeria, Senegal, Kenya, and South Africa are invited to participate in the competition to showcase their innovative entrepreneurial businesses. Applications are still open and will be accepted until&nbsp;<strong>16th October 2023.<\/strong><\/p>\n\n\n\n<p>The MEST Africa Challenge provides significant benefits to participating startups. The winner will secure a USD 50,000 equity investment, accelerating their business\u2019 growth. Furthermore, the winner and other exceptional participants will join MEST Africa\u2019s global network, opening doors to partnerships, mentorship, and investment opportunities. This platform equips startups to achieve the next level of growth and gain global recognition.<\/p>\n\n\n\n<p>\u201cThe enthusiasm and interest we have seen from budding entrepreneurs and prospective applicants across Africa has been truly inspiring. Recognizing this, we have extended the application deadline for the MEST Africa Challenge.&nbsp; This ensures that every innovative startup gets a fair chance to be a part of this transformative journey. We have seen the pivotal impact this challenge has had on past winners, and we are eager to discover the next game-changing startup that will redefine the African tech landscape\u201d said Ashwin Ravichandran, Portfolio Advisor and MEST Africa Challenge Lead.<\/p>\n\n\n\n<p>In 2022, Senegal\u2019s dynamic B2B e-commerce startup, Kwely, won the top spot at the MEST Africa Challenge. Over the years, this renowned competition has become a launchpad for standout startups from across the African continent. From Tanzania\u2019s Kilimo Fresh and Ghana\u2019s groundbreaking OZE to South Africa\u2019s tech innovator, Snode Technologies. Not to mention Kenya\u2019s Waya Waya and Nigeria\u2019s trailblazer Accounteer. The challenge continually showcases the vibrant entrepreneurial spirit of Africa.<\/p>\n\n\n\n<p><strong>Eligibility Criteria for MAC 2023:<\/strong><\/p>\n\n\n\n<p>\u2013 Monthly Recurring Revenue: $5k+<\/p>\n\n\n\n<p>\u2013 Funding raised: Cumulative $1M or less<\/p>\n\n\n\n<p>\u2013 Years of existence: 3 years and below<\/p>\n\n\n\n<p>\u2013 Traction: At least 6 months of recurring revenue<\/p>\n\n\n\n<p>\u2013 Founding team: At least 2 founding team members<\/p>\n\n\n\n<p>\u2013 Registered in Delaware (This is preferred)<\/p>\n\n\n\n<p>\u2013 Demonstrated traction in MAC Markets (Ghana, Kenya, Nigeria, South Africa, Senegal)<\/p>\n\n\n\n<p>Don\u2019t miss out on this opportunity to showcase your startup and unlock its potential.<\/p>\n\n\n\n<p>Apply now&nbsp;<a href=\"https:\/\/apo-opa.info\/3rL7v4H\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/apo-opa.info\/3rL7v4H<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>About MEST Africa (https:\/\/Meltwater.org\/) has announced the extension of applications for the MEST Africa Challenge to ensure broader participation from<\/p>\n","protected":false},"author":1,"featured_media":3939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[43],"tags":[],"class_list":["post-15346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entrepreneurship"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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