Africa’s Largest Incubator Selects 5 Regional Winners In Pan-African Startup Pitch Contest
Winners get to compete for up to $50,000 in equity investment from the Ghana-based MEST accelerator, as well as space in a MEST incubator in Accra, Lagos or Cape Town, according to MEST.
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The finals will be held June 10-12 at the 2019 MEST Africa Summit in Nairobi, Kenya.
Based in Ghana, the Meltwater Entrepreneurial School of Technology is a training program, seed fund
More than 1,000 initial applications were received. Five startups, one each from South Africa, Ghana, Kenya, Nigeria and Ivory Coast, were selected as the best, according to Ventureburn.
AMPZ.TV, an online platform that is described as the “LinkedIn for sports”, was selected as the winner from the Nigerian contest. The platform aims to connect talented sportsmen and women with people who can help them advance their careers.
The Ghanaian winner was OZÉ, a data insights company that helps businesses make data-driven financial decisions and achieve growth to improve their performance.
Snode Technologies is the South African startup that will contest the final in June. The platform provides real-time cyber security for individuals and businesses.
The Meltwater Entrepreneurial School of Technology has links throughout Africa, and since launching in 2008 the incubator has already invested over $20 million in African startups, reports GhanaWeb.
In 2018, Nigerian cloud accounting platform
The startup offers accounting and payroll management software that is specifically developed with the needs of African small and medium businesses in mind.
Africa’s largest incubator continues to expand
In addition to the flagship incubator in Accra, the MEST launched two spaces in Lagos, Nigeria and Cape Town, South Africa, in November 2017, according to ITNewsAfrica.
A Kenyan space was added to Nairobi in 2018.
Entrepreneurs in Ghana, Nigeria, Kenya, South Africa and Ivory Coast have benefited from the Accra incubator, with the likes of Kudobuzz, meQasa, Tress, ClaimSync and Saya Mobile finding success with the support of the incubator.