Deadline: 7-Oct-22
Applications are now open for the MEST Scale 2023, a venture acceleration program designed by MEST, in partnership with the Mastercard Foundation, to help Small and Growing Businesses strengthen their operations, address key technology gaps and increase their ability and capacity to scale their growth.
How many companies will be selected?
6 companies will participate in each cohort. There are two cohorts that will take place in 2023.
What they support?
- Tailored Advisory Support: Get seasoned business advice that responds to your specific needs
- Specialist Consultations: Area-specific experts provide consultation sessions and guidance
- Investor engagement: Get investor readiness support and growth capital linkages
- Technology Enhancement: Improve use of technology to enhance business development
Eligibility Criteria
MEST Scale is looking to support startups and SMEs that are ready to scale:
- Sales and traction
- Has annual sales minimum $150,000
- Demonstrates at least three years of strong revenue growth
- If unprofitable, has plan and path for financial breakeven
- Stage
- Commercially viable venture with strong product-market fit with a primary challenge of determining why, where, what, and how to scale
- Personnel and talent
- Minimum of 5 full-time management staff, total of 10 staff minimum
- Team should consist of more than 5 team members that are non-management staff
- Gender balance
- Companies with women in leadership and top management roles will be given preference
- Scalability
- The venture has a good blend of ambition and potential to scale
- Market
- Business must be based in Ghana & headquartered in the Greater Accra region
- Technology
- Must be a software technology business
For more information, visit https://meltwater.org/mest-scale/#toggle-id-2