MEST Express Accelerator Opens Applications For Sustainable Startups In Ghana

MEST Africa, in association with the Mastercard Foundation, has opened applications for the main companion of the MEST Express accelerator zeroed in on speeding up new businesses inside the technology solutions sector

The Foundation in a joint effort with the pan-African innovation technology center is hoping to help new businesses in Ghana that are utilizing innovation to make a manageable future for all, under the focal point of the United Nations Sustainable Development Goals (SDGs). Goal-oriented business people, building maintainable income-producing new companies are welcome to apply.

New companies who apply will get forthright value-free financing of $5,000 towards upgrading their business. New businesses with female pioneers or with senior female staff are particularly urged to apply.

The program will run online with periodic in-person meetings held in Accra. Six new companies will be chosen to take part in the five-month accelerated program intended to help these organizations, increase their effectiveness, and become investment prepared. Toward the beginning of the program, every startup will partake in a progression of tailor-made demonstrative meetings to lay out the basic necessities of the startup. For the term of the program, participating new businesses, with the assistance of the program specialists, will pursue tending to these holes in sales, promoting and branding, item, tasks, and money and investment.

“Our partnership with MEST continues to support, scale, and drive innovation within the startup ecosystem in Ghana, by eliminating the barriers that might be holding startups back. As this new cohort commences, we look forward to seeing new ideas, innovative technology, and sustainable solutions that will create work opportunities for young Ghanaian women and men. Also, this initiative will contribute to positioning Ghana as a pulsating technological hub in Africa,” commented Rosy Fynn, Ghana Country Head at the Mastercard Foundation.

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Until now, MEST Express has sped up in excess of 50 new businesses and granted more than $100,000 in value-free subsidizing to 12 new companies in Ghana. Recently, the program launched its first batch in Kumasi, in collaboration with hapaSpace, following the progress of its most memorable accomplice partner in Tamale with HOPin Academy.

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Applications for the new batch, situated in Accra, are open now through tenth July 2022. New businesses can apply at meltwater.org/mest-express

Following two years of running six batches and supporting 56 new businesses, the accelerated program is refining its concentration and method of conveyance to guarantee better development results.

“Our next cohort for the MEST Express accelerator is focused on sustainable startups because solving core problems in Africa often involves looking at how we can create sustainable solutions that positively impact our communities. Sustainability opens up a unique opportunity for African entrepreneurs, as it confronts real problem areas with high visibility and universal interest. The fundamental nature of the problems addressed, guarantee the markets are sizable and present opportunities to merge impact with profitability,” said Femi Adewumi, Director of Programs, MEST Africa

“After two years of running six cohorts and supporting several startups, our findings also show that ventures benefit more when the support we offer is bespoke and addresses the unique challenges of each business. As such, this upcoming cohort will offer startups deeper support where specific projects will be instituted and managed throughout the program to address the unique needs of the venture,” he added.

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