2023 MEST Africa Challenge

The 2023 MEST Africa Challenge is a Pan-African pitch competition that offers early-stage technology startups an opportunity to accelerate their growth and traction. This year, the competition is open to startups based in Ghana, Nigeria, Senegal, Kenya, and South Africa.

Overview

The MEST Africa Challenge (MAC) is organized by MEST Africa. The competition targets sectors such as Agritech, Biotechnology and medical research, Clean technology and energy, Creative, media and entertainment, E-commerce, Education, Fashion, Fintech, health, HR and recruitment, Legal Services, Logistics, Marketing and PR, New media, Real estate, Retail.

Eligibility Criteria

To be eligible for the competition, startups must meet the following criteria:

  • Be an early-stage technology startup
  • Be operational in either Ghana, Kenya, Nigeria, South Africa or Senegal
  • Have a minimum of $5k Monthly Recurring Revenue
  • Have raised $0 to $1M cumulative funding
  • Be in existence for 3 years and below
  • Have at least 6 months of recurring revenue
  • Have at least 2 founding team members
  • Registration in Delaware is preferred but not mandatory
  • All participants must pitch in English

Timeline

The timeline for the 2023 MEST Africa Challenge is as follows:

  • Application opens: 28th August 2023
  • Application closes: 9th October 2023
  • Regional Finalist Announcement: 3rd November 2023
  • Regional Finals: 20th November 2023 – 24th November 2023
  • Finalist announcement: 27th November 2023
  • Final Demo Day: December 2023

Benefits

Winners of the competition stand a chance to win the coveted USD 50,000 in equity. They also gain global recognition and become part of MEST Africa’s lifelong supportive community. This platform catalyzes startups to unlock the next phase of their business growth.

AlSO READ:  Norebase Secures $1M Pre-Seed to Help Borderless Expansion for Businesses in Africa

Conclusion

The 2023 MEST Africa Challenge presents a unique opportunity for African startups to showcase their innovative solutions and entrepreneurial prowess. With substantial equity investment and access to a global community on offer for the winners, this competition is set to unlock the potential of African startups. For inquiries about the challenge, you can email [email protected]1.

Follow Techspace Africa on Facebook and Twitter. For the latest news, tech news, breaking news headlines, reviews and live updates check out tech-space.africa


Nigel Jr.
As a tech enthusiast and expert, Nigel Jr. is dedicated to providing in-depth and insightful content on all things technology. With a background in online journalism, product reviewing, and tech creation, Nigel has become a trusted source for all things tech.

You may also like