’Find Your Soil’, Nurture Your AgriTech Innovation and Win $50,000 in Equity Funding.
As the AgriTech landscape continues to evolve, it is essential to create an environment conducive to innovation. Although many African entrepreneurs have ambitious ideas, they frequently encounter obstacles in securing the essential resources and networks needed to realize their visions. MAC 2024 aims to address this challenge by offering startups the chance to "Find Their Soil," providing vital support, funding, and mentorship.
"‘Find Your Soil’ is a call to action for AgriTech innovators to discover the ideal environment where their vision can flourish. Through the MEST Africa Challenge, we aim to support this ecosystem by providing the necessary resources, visibility, and strategic support for these entrepreneurs to thrive,” said Ashwin Ravichandran, Portfolio Advisor, MEST Africa.
MEST Africa is dedicated to promoting job creation and economic development throughout the continent by supporting software entrepreneurship. Through tailored technology entrepreneurial training and investment prospects, the organization enables Africa's most talented individuals to establish and expand influential businesses
The MEST Africa Challenge 2024 focuses on the AgriTech sector and invites startups from prominent West African countries such as Benin, Cape Verde, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mauritania, Nigeria, Senegal, Sierra Leone, Mali, and Togo to participate. The startup that emerges victorious will be awarded $50,000 in equity funding, along with access to MEST’s vast global network, which provides essential partnerships, mentorship, and investment opportunities to enhance their growth and international reach.
Since its establishment, MEST has allocated over $30 million towards training more than 2,000 entrepreneurs and has facilitated the launch of 90 early-stage tech startups across various sectors, including AgriTech, FinTech, SaaS, eCommerce, Digital Media, and Healthcare. This year offers a unique chance for AgriTech entrepreneurs to "Find Their Soil" and elevate their businesses to new heights.
Eligibility Criteria for MEST Africa Challenge 2024:
- Early-stage technology 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
- Founding team: At least 2 founding team members
- Registered in Delaware (This is preferred)
- Any industry
- Any business model (B2B, B2C, B2B2C, B2G etc…)
- All participants must pitch in English
Interested AgriTech entrepreneurs can learn more and apply here https://apo-opa.co/