Unlock your SME's potential to scale

Scaling our impact with partners

Small and Medium Enterprises (SMEs) play a critical role in Ghana’s socio-economic growth. They represent over 80% of enterprises in the Ghanaian market. However, despite the significant role they play in the development of their communities and the economy, SMEs face a number of key challenges that make it difficult for them to scale up sustainably. 

MEST Scale is 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 We 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 small and medium enterprises that are ready to scale.

  • Commercially viable – 
    • A business at its growth stage that has achieved product-market fit
  • Sales and traction 
    • Has annual sales ranging from $150,000 – $5 million USD
  • Personnel and talent 
    • A full-time management team with more than 5 team members 
  • Scalability 
    • Has a clear ambition for growth and potential to scale 
  • Revenue and profit 
    • Sales/revenue for at least 3yrs, clear financial breakeven path if not already profitable
  • Market 
    • Business must be based in Ghana & headquartered in the Greater Accra

Outcomes

$100K/yr

Grant Funding

20+

Startups Accelerated

11

Industries covered

Curriculum and Application Process

PHASE 1 – Scale Diagnosis & Strategy 

Duration – 4 Months

Company leaders engage with MEST Scale team to create or enhance their strategic plans for scaling. The company will also identify the types of technology enhancement that would be helpful for their scaling objectives.

Objectives – Ensure SMEs have;

  • A better understanding of what it takes to scale
  • A completed scale-readiness diagnosis identifying their venture’s main gaps
  • An articulated Scale Strategy
  • An articulated technology plan for scale

PHASE 2 – Bespoke Scale Preparation

Duration – 8 Months

Specialists will hold sessions with leaders at their companies to help address key challenges identified during the diagnosis phase. This phase will include technology consulting as well as bespoke consultative services to resolve business management inefficiencies and technology gaps.

Objectives: Help SMEs to improve on their scale readiness by addressing the key technology gap & significant operational gaps. 

PHASE 3 – Implementation 

Duration – 6 – 36 Months

The company implements its scaling plan. Continued support from MEST may take the form of financial linkages, advisory support, and other partnering roles.

Objectives: Establishing the scale project operation & financial plan, Implementing a scale pilot, and embarking on their scale project.

  1. Fill out the expression of interest form
  2. Application form sent to companies who express interest
  3. Applications are reviewed on a rolling basis
  4. Interview invitations sent to shortlisted companies 
  5. Final selection made with offers of admission 

 

September 15, 2021 – Call for Expression of Interest opens

October 29, 2021 – Call for Expression of Interest closes

November 19, 2021 – Selected ventures announced 

December 2021  – Program starts

December 2021 – March 2022 – Phase 1: Scale Diagnostic & Strategy (4 Months)

April 2022 – November 2022 – Phase 2: Bespoke Scale Preparation (8 Months) 

December 2022 – Phase 3: Implementation (variable 6-36 Months)

In partnership with

Success Stories

“Our involvement in MEST Express exposed us to best practices in the tech industry. We had access to world-class experts in all areas of company building. At the end of the program, we had a clearer vision and a solid plan to get there.”

Paul Eshun, CEO of Bosea and Credify

“We applied for the program because we wanted to kickstart our journey towards taking our business to market. We saw the opportunity to fine-tune and implement various aspects of business development. We found a competent space to expand our knowledge and receive expert advice on business growth. The team valued the learning and networking which the MEST Express program provided.”

Esinam Yevu, Co-Founder & Communications Lead

Let’s work on the things that matter for your SME’s growth