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 organised annually to showcase the most innovative early-stage startups in Africa. It is open to startups that are looking to other markets. Meltwater Foundation will be awarding a $50,000 equity investment fund to each of the winners.
The first competition was organised 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.
Applications for the third annual challenge are open until the 18th of April 2020.
Source: Tech Gist Africa