The Meltwater Entrepreneurial School of Technology (MEST) has opened applications for the 2019 edition of its MEST Africa Challenge.
Last year, at the inaugural edition of the MEST Africa Challenge, Nigerian-based SaaS accounting startup and Techpoint Build Alumni, Accounteer beat over 700 applicants to come out tops, taking home the $50,000 equity investment. The startup has since expanded from Nigeria to Kenya and received additional funding from early-stage venture, Microtraction.
This year’s challenge will host regional competitions in Nigeria (Lagos, 26 February), Ghana (Accra, 27 February), Kenya (Nairobi, 27 February), Ivory Coast (Abidjan, 28 February) and South Africa (Cape Town, 28 February).
Winners from each country will proceed to the finals, which will be held during the 2019 MEST Africa Summit, holding in Nairobi, Kenya between the 10th and 12th of June, 2019.
In the end, the top startup will receive $50,000 in equity investment, space in a MEST incubator and other forms of support to help accelerate their business across Africa.
Who is eligible?
Tech startup founders currently operating in Ghana, Nigeria, Kenya, Cote d’Ivoire or South Africa who are currently:
- Generating revenue
- Looking for funding
- Ready to scale across Africa
- Part of a team with at least 10 people.
How to apply
Nigerian startups raised $377m in 2019, more than twice what they did in 2018. Find out more when you download the full report.