Last weekend the fifth batch of trainees graduated from the Meltwater Entrepreneurial School of Technology (MEST) in Ghana, with the goal of becoming globally successful software entrepreneurs. MEST is one of the partners in VC4Africa’s partnership network, bringing in many great ventures to VC4Africa, including AdsBrook, ClaimSync, Dropifi, mPawa, Retail Tower and Saya.
MEST provides training and mentoring to high potential Ghanaian graduates who are passionate about starting their own software companies. The MEST program is a rigorous 2-year training in software development and entrepreneurship. Beginning in August 2011, the trainees have received training in areas covering technology, business, entrepreneurship, finance and communications. This knowledge is transferred from faculty & teaching fellows with in depth international experience. In addition, MBA consultants from Oxford University and Guest Lecturers all contribute to preparing the MEST graduates for the global markets.
The Class of 2013 pitched their business ideas to the MEST Incubator investment board for funding and a place in the MEST incubator. Since 2008 139 entrepreneurs have graduated from MEST and 13 companies have been started. Currently the MEST incubator hosts 10 of these, including VC4Africa members AdsBrook, ClaimSync, Dropifi, mPawa, Retail Tower and Saya. Upon funding these companies receive seed investment, an office and access to advisors and mentors globally.
Over the past year the MEST companies have gained global recognition and exposure. Saya was placed as one of seven finalists at TechCrunch Disrupt Battlefield in San Francisco in September 2012, mPawa pitched at DEMO Africa in October 2012 and was selected as one of five ventures who will pitch at DEMO Silicon Valley upcoming October. Additionally ClaimSync just completed the 3-month Health XL accelerator in Dublin and Dropifi are currently part of the 500 Startups accelerator program in Silicon Valley. All these examples are both MEST alumni and VC4Africa members.
Jorn Lyseggen, Founder and CEO of Meltwater Group and MEST, commented, “Talent is equally distributed, opportunities are not. We hope to create role models that in turn inspire the upcoming generation to become successful software entrepreneurs.”
Want to launch your product in front of a global audience? Apply to be a part of DEMO Africa 2013!