MEST Announces Entry into French-speaking Africa with Expansion in Côte d'Ivoire
Meltwater Entrepreneurial School of Technology (MEST) continues expansion across the African continent, officially announcing recruitment of Entrepreneurs-In-Training (EITs) from Côte d'Ivoire, the first French-speaking country in which MEST will have a presence.
The news will be publicly announced at the Africa Web Festival in Côte d'Ivoire, taking place 30th November- 1st December, in front of 6,000 attendees. Throughout the week, MEST is also hosted recruitment sessions for the next cohort of EITs.
The expansion into Côte d'Ivoire is a strategic move for MEST, marking a foothold in its fifth African country, and bridging the gap between the English-speaking and French-speaking African economies to expand the tech ecosystem even further.
With the addition of Côte d'Ivoire, MEST is now accepting applications from Ivorians, Ghanaians, Kenyans, Nigerians and South Africans who wish to spend a year at the flagship campus in Accra, Ghana to take part in an intensive entrepreneurial training program, launch their own software startup, and pitch to receive seed funding from the Meltwater Foundation.
The MEST expansion strategy remains the same: a phased rollout of incubators in key economic centers on the continent, replicating the successful operating model and expanding the power of the network for all MEST portfolio companies to quickly scale across Africa once they’ve found an idea that works.
MEST is organizing info sessions 27th November - 1st December 2016 in Abidjan, in conjunction with Africa Web Festival.
- 30th November - 1st December: Come meet MEST at our dedicated booth at this year’s Africa Web Festival, taking place at the Rue du Lycée Technique Abidjan Cocody. Catch MEST’s Head of Partnerships, Celine Duros, speaking on Wednesday 30th from 12.30pm to 2.20 pm at the conference lunch: “A small start up will become big, ...but not alone”
- Come and learn more about MEST’s plans to support tech entrepreneurs from Côte d'Ivoire. RSVP to attend this event here.
Help Us Spread the Word:
[Tweet ".@MESTAfrica announces expansion into #French-speaking Africa for the first time with the addition of #Cotedivoire https://meltwater.org/mest-announces-entry-french-speaking-africa-expansion-cote-divoire/"]
[Tweet "French-speaking #entrepreneurs can now train at @MESTAfrica, with launch of MEST #Cotedivoire https://meltwater.org/mest-announces-entry-french-speaking-africa-expansion-cote-divoire/"]
[Tweet ".@MESTAfrica expands Pan-African presence with the addition of #Cotedivoire https://meltwater.org/mest-announces-entry-french-speaking-africa-expansion-cote-divoire/"]And for those not familiar with our process, below is a breakdown of the MEST Entrepreneurs-in-Training journey.
Training Program: Admitted applicants receive a full scholarship to a one-year entrepreneurial training program that blends an MBA-type education with hands-on training in software development. During the program, students form teams, develop a software product, write business plans, and craft investor pitches. The strongest and most promising business concepts receive between $50,000 to $100,000 USD in equity investment to support the launch of their businesses.
Incubator: Teams that receive investment enter the MEST Incubator, where they receive continued hands-on support as they launch and grow their businesses. To date, the MEST Incubator has invested in over 25 companies and backed more than 75 co-founders. These companies have developed solutions addressing local and global markets, created jobs locally, received outside follow-on funding from global investors, and gained admittance to top accelerator programs such as 500 Startups, Y Combinator and TechStars.
We hope you’ll join us!
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Due to COVID-19, MEST postpones training program to next year and doubles down on growing portfolio companies
At MEST, we continue to be deeply concerned about COVID-19 and have been closely monitoring developments locally and globally. Our number one priority remains the health and safety of our community and we will continue to follow local authority and health official guidelines.
Due to the ongoing nature of the pandemic and the uncertainty that the future of travel holds, we have been unable to conduct in-person interviews and host recruitment around Africa for our next cohort. For this reason, we have taken the decision to postpone the Training Program to next year.
While these circumstances are indeed unfortunate, we see this as an exciting opportunity at MEST to double down on providing support and mentorship to our existing portfolio companies and the African ecosystem.
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