Meltwater Entrepreneurial School of Technology (MEST), a school for software entrepreneurs, is expanding the reach of its incubator programme with new incubators launch planned in Lagos.
According to MEST, coming alongside the Lagos launch is another in Nairobi and next year, in Cape Town and Johannesburg.
Software entrepreneurs trained by MEST with seed investment support proceed to the MEST Incubator, where they receive continued hands-on support as they launch and grow their businesses.
According to MEST, to date, the MEST Incubator has invested in over 25 companies and backed more than 75 co-founders. These companies have developed solutions addressing global markets, created jobs and wealth locally, received outside follow-on funding from global investors, and have gained admittance to top accelerator programs such as 500 Startups and TechStars.
“The scope and resources of our Pan-African incubator network is a unique value prop and one of a kind on the continent,” Jorn Lyseggen, founder of MEST. “Our entrepreneurs will now have the ability to launch startups in their home countries, after completing the one year training program in Ghana, while also allowing our current portfolio companies to more easily access new markets.”