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.
MEST Scale is a venture acceleration program designed by MEST, in partnership with the Mastercard Foundation, to help Small and Growing Businesses in Ghana strengthen their operations, address key technology gaps and increase their ability and capacity to scale their growth.
If you would want to be pa
PHASE 1 – Scale Diagnosis and 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;
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 and significant operational gaps.
PHASE 3 – Implementation
Duration – 6 to 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 and financial plan, Implementing a scale pilot and embarking on their scale project.
MEST is an Africa-wide technology entrepreneur training program, internal seed fund, and network of hubs offering incubation for technology startups in Africa.
About Mastercard Foundation
The Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. The Foundation’s work is guided by its mission to advance learning and promote financial inclusion for people living in poverty. One of the largest foundations in the world, it works almost exclusively in Africa. It was created in 2006 by Mastercard International and operates independently under the governance of its own Board of Directors.