The MEST Africa Challenge, whose winner will receive US $50,000 in equity capital, has announced the opening of submissions.
MEST is a pan-African software and entrepreneurship training program, seed fund, and incubator that supports the establishment of technology firms all over the continent. It was established in Ghana in 2008 by serial entrepreneur Jorn Lyseggen.
So far, it has invested in more than 80 firms and taught tens of thousands of entrepreneurs from all across the continent. Pre-seed to seed-stage technology businesses are eligible for the MEST Africa Challenge in Ghana, Nigeria, Senegal, Kenya, and South Africa, where regional contests will be conducted in October. From each nation, two finalists will be chosen to compete in the final in Accra for the top award of US $50,000 in equity.
“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 centre stage and gaining global recognition and investments. We look forward to an invigorating season that will increase the drive towards building better business in Africa,” said MEST Africa’s director of portfolio Melissa Nsiah.
The online entry form for the competition will be open until August 30.