The MEST Africa Challenge (MAC) is a Pan-African pitch competition for early-stage technology startups seeking to ramp up traction and growth. . This year will mark the 6th edition of MAC. MEST will provide the winning startup with investment capital, coaching and access to a global network of resources and partners as they build and scale successful businesses that add value to African economies and livelihoods.
This year, contestants for MAC will be based in West Africa with a focus on the following key markets: Benin, Cape Verde, Côte D’Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mauritania, Nigeria, Senegal, Sierra Leone, Mali and Togo. For the first time, MAC will also place a sectoral emphasis on agri-tech, recognizing its immense potential to drive sustainable development and economic growth in Africa.
Eligibility Requirements
To be eligible for the program, Startups can apply if they meet the following criteria:
Early-stage Agritech startup
Monthly Recurring Revenue: A minimum of $5k
Funding raised: $0 to $1M cumulative
Years in existence: 3 years and below
Traction: At least 6 months of recurring revenue
Must be operating in one of the 14 MAC countries (Benin, Cape Verde, Côte D’Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mauritania, Nigeria, Senegal, Sierra Leone, Mali and Togo)
Founding team: At least 2 founding team members
Registered in Delaware (This is preferred)
Any business model (B2B, B2C, B2B2C, B2G etc…)
All participants must pitch in English
Benefits
Win $50,000: Stand the chance of winning $50,000 in equity
Global Visibility: Gain visibility from investors & potential partners
A lifetime of Support: Get lifetime benefits from MEST’s community
Partner Prizes: Win prizes and perks from MEST strategic partners.
Application Deadline: October 4, 2024