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Meltwater Entrepreneurial School of Technology (MEST)
Agenda
1. Meltwater in a Nutshell
2. MEST Overview
3. What you can expect joining MEST
4. What to expect living in Ghana
5. Teaching Fellowship
6. Selection Criteria
7. Job profiles and Experiences
Founded 2001 in Oslo
Global #1 player
Worldwide expansion
800 employees
50+ offices
18.000 clients
Initial funding: $15.000
Always Profitable
Zero Debts
Meltwater in a Nutshell
What we do for our clients
Some of our valued clients
Meltwater
News
Me
ltwa
ter
Ta
len
tMeltwater
Press
MESTMEST
New VenturesNew Ventures
Infra-
structure
The Meltwater Flower Strategy
MEST Overview
Not-for-profit NGO fully funded and run by Meltwater Group
It all started with an idea….
Jørn LyseggenFounder & CEO Meltwater Group
To create wealth and jobs locally in Africa
By training and mentoring young Africans to start their own software companies and compete successfully in the global market place.
We want to create rock star software entrepreneurs that can inspire generations to follow in their footsteps
Our focus is on Accra, Ghana, but once we succeed we hope that a sense of pride and hope will ripple across the African continent and encourage similar initiatives everywhere.
It is our hope that the companies hatched through the Meltwater program will inspire a future prosperous technology industry in Africa.
Our Vision
MEST MINC Mentoring
1. Training 2. Incubation 3. Mentoring
1-2 year incubation of
business ideas based on
software concept
seed funding and
Infrastructure provided by
Meltwater
Open for qualified graduates
of MEST
Accra, London, San Francisco
Start-up company
commercially active on
the global market place
Supported by a mentor
program consisting of
world-class executives
and entrepreneurs
• 2 year full-time paid
traineeship
• In-house training in
commercial software
development and
entrepreneurship
• Full paid hostels and
three meals per day
• Allowance
Entrepreneurial Program in 3 phases
• Fundamental belief in people – talent is equally distributed across the world, what differs are the resources and support given to some and not others
• Giving back – wanting to have an impact beyond the direct economic effect of our business operations
• Maximizing the impact
• Focus on education/training – “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.”
• Influencing future generations – creating positive role models, who prove that globally competitive software can come from Africa
• Software as a vector for growth – a high-growth space, where products can be competitive with minimal upfront capital investment and limited resources
Why is Meltwaterdoing this?
1. English speaking
2. Good educational system
3. Gov. support of technology
4. Good Infrastructure
5. Politically stable and secure
6. Easily accessible from US/Europe/Asia
Why Ghana?
• Started in February 2008
• 2-year fully-funded training
• High potential university graduates in Ghana
• Hands-on training in soft. development & entrepreneurship
• Personal development and mentorship
• Trained by international faculty team
• Preparation for incubator application
• Currently Class 2011 and class 2012 is enrolled
• One new class enrolled in August every year
MEST Training
The Opening of MEST
11th February 2008
Graduation 2010
• Founded in February 2010
• Provides support & seed funding
• Currently includes 7 companies: Leti Games, Streemio, Nandi Mobile, Retail Tower, Arto Connect, Tutamee, Esanoya
• New projects pitching June 2011
• Meltwater Foundation minority equity stake
• Face 3: External mentors Mentorship program
MEST Incubator
MEST Success Stories
• LETI GAMES: Created an iphone app called iWarrior.
Has been heralded as Africa’s first 3D computer game!
• NANDIMOBILE: Created a feedback system via SMS. Was labelled
as “Best Company” at February’s Entrepreneurs conference
LAUNCH in San Francisco!
What to expect joining MEST
MEST Values
Our values are chosen in order to:
• Help us do our job better
• Help us set expectations to each other
• Guide us in making right decisions in our daily work
Generosity
Positive Thinking
Standards
GPS
Curriculum
• Software Development – Internet applications
– Mobile applications
• Entrepreneurship
• Business
• Seminar
• Executive Guest Lecture Series
The Curriculum
An overview of the Training Program
What to expect living in Ghana
Aluguntuguntu street
Teaching Fellowship
• Senior Faculty
• Teaching Fellows
• Professionals recruited from the USA and Europe who have worked on commercial state-of-the-art software development
• Fellowships awarded to gradates of a computer science, engineering or business degree at a reputable international university
Teaching Fellow
Teaching Fellowship
• Start date in Ghana: 01 August
• Duration: 1 year
• Meal plan & housing: Offered by MEST
• Health insurance: Offered by MEST
• Stipend: $1000 USD per month
• Travel: 1 paid roundtrip per term
What to expect as a Fellow
• More responsibility than you expected
• Personal and professional challenges
• Long hours
• Unique working/living conditions
• International experience
• To learn and develop as a person
Selection Criteria
Selection Criteria
• Strong Technical or Business background
• Teaching Potential
• Drive/Stamina
• Team player
• Communication Skills
• Personality & humor
• Intelligence
Job profiles
General Criteria
An Ideal Candidate’s Qualifications:
• Ability to work in a team, and to deal with ambiguity
• Good verbal and written communication in English; good presentation skills
• Drive and ability to handle hard times
• Intelligence - Social awareness
• Warm, easy to get a long with personality
• Ideally: Worked in Start-Up environment before
• Loves our vison and wants to contribute to the team
Job Profile: Technical Teaching Fellow
Your qualification should include (e.g.) :
• Programming proficiency in one of the following languages: Java, C++, C#, PHP
• Experience with relational databases and SQL
• Knowledge of object-oriented programming and design
• Bachelor's degree in computer science or related field
• Understanding of the entrepreneurship/business and software industry
Job Profile: BusinessTeaching Fellow
Your qualification should include (e.g.) :
• Bachelor's degree in business and/or entrepreneurship
• Creativity/brainstorming techniques and business idea generation
• Basic understanding of finance, accounting, marketing and strategy
• Understanding of the entrepreneurship/business and software industry
• Business plan writing and evaluation skills
Application Process
The Application Process is as follows:
- APRIL 11th – Applications due through our website:
http://www.meltwater.org/work-with-us/opportunities/
- April 11th – April 24th – Phone interviews
- April 24-30th – Phone conversation with local Teaching Fellow
- Not an interview; used as a chance to ask questions
- Early May – Group interview in Singapore
- Early May – Individual interview for successful candidates
Start Date in Ghana: August 2nd 2011
Thankyou!