Kosmos Innovation Center (often known as KIC) was launched in 2016 by Kosmos Energy as part of its commitment to positively impact the countries where they operate. Focused initially on Ghana, the scheme aims to empower young entrepreneurs by providing training, mentorship, and seed funding to turn innovative ideas into thriving businesses. Since its formation, Kosmos Innovation Center has expanded to Senegal and Mauritania, supporting sectors like agriculture and technology to drive economic growth in these countries.
2016
Kosmos Innovation Center Launch in Ghana: Kosmos Energy launches the Kosmos Innovation Center in Ghana, focusing on youth entrepreneurship and agricultural innovation.
First AgriTech Challenge Begins: The inaugural AgriTech Challenge kicks off with 120 participants engaging in entrepreneurial training and market research to develop agricultural solutions.
Training and Pitch Competitions Start: Participants begin an intensive phase of training and pitch competitions, collaborating to create viable business solutions for agriculture.
TroTro Tractor and Ghalani Win the First Challenge: TroTro Tractor and Ghalani emerge as winners of the first AgriTech Challenge, each receiving $50,000 in seed funding to develop their businesses.
Kosmos Energy CSR Award: Kosmos Energy wins the CSR Company of the Year award at the Ghana Oil and Gas Awards, largely due to the impact of Kosmos Innovation Center.
2017
Second AgriTech Challenge Launches: The second cohort of the AgriTech Challenge begins, with expanded reach and more participants engaging in developing business solutions.
Business Booster Program Launch: Kosmos Innovation Center launches the Business Booster program, providing post-challenge support for early-stage agribusinesses to help them scale their operations.
Startups Expand Impact: Startups such as TroTro Tractor continue to expand, reaching thousands of farmers and demonstrating the scalability of Kosmos Innovation Center-supported businesses.
Second AgriTech Challenge Winners Announced: The second edition of the AgriTech Challenge concludes with two new startups – AgroInnova and Qualitrace – receiving $50,000 seed funding to bring their innovations to market.
2018
Mauritania Innovation Challenge Launches: Kosmos Innovation Center launches the Mauritania Innovation Challenge, focusing on youth-led agricultural and fishing innovations.
Third AgriTech Challenge in Ghana: The third AgriTech Challenge in Ghana begins with 150 young entrepreneurs, encouraging innovation in agriculture.
P3 Impact Award Recognition: Kosmos Innovation Center receives the prestigious Concordia P3 Impact Award for its public-private partnership that supports sustainable entrepreneurship in Ghana.
Kosmos Innovation Center Senegal Start-up Accelerator Launch: Kosmos Innovation Center expands into Senegal, launching the Start-up Accelerator to address local challenges in agriculture and fishing.
Kosmos Innovation Center Incubator Launch in Ghana: Kosmos Innovation Center Ghana establishes its Incubator program to provide long-term support and mentorship to AgriTech Challenge graduates.
First Cohort of Mauritania Innovation Challenge Graduates: The first cohort of the Mauritania Innovation Challenge graduates, with selected businesses receiving seed funding.
2019
Fourth AgriTech Challenge in Ghana: The fourth AgriTech Challenge begins in Ghana with over 200 participants innovating in agriculture.
Senegal Accelerator Graduates First Cohort: Senegal’s Start-up Accelerator celebrates its first batch of graduates, awarding seed funding to five startups.
AI Scarecrow and ProSect Feed Win AgriTech Challenge: AI Scarecrow and ProSect Feed win the 2019 AgriTech Challenge in Ghana, receiving $50,000 in seed funding each.
Kosmos Innovation Center Incubator Expands in Ghana: The Kosmos Innovation Center Incubator in Ghana scales up its operations, offering structured support for startups from previous AgriTech cohorts.
Mauritania Innovation Challenge Supports Female Entrepreneurs: Kosmos Innovation Center Mauritania launches a dedicated Women’s Bootcamp to encourage female participation in entrepreneurship.
2020
Fifth AgriTech Challenge in Ghana: Kosmos Innovation Center celebrates the fifth edition of the AgriTech Challenge, with 161 participants selected from over 675 applicants.
Mauritania Innovation Challenge Continues Amid COVID-19: Mauritania’s Innovation Challenge adapts to the pandemic, providing support through virtual and hybrid models.
MIC Lite Launch in Mauritania: Kosmos Innovation Center introduces the MIC Lite program in Mauritania, offering tailored support for micro-enterprises and smaller-scale startups.
Online Business Booster Program in Ghana: Kosmos Innovation Center Ghana launches an online Business Booster Program to help startups navigate the challenges posed by the global pandemic.
Virtual Senegal Accelerator Support: Senegal’s Start-up Accelerator offers virtual support to entrepreneurs during the COVID-19 pandemic, ensuring continued program delivery.
Women’s Bootcamp Impact Grows: The Women’s Bootcamp in Ghana and Mauritania significantly increases female-led startups, with a growing number of participants benefiting from mentorship and funding.
Kosmos Innovation Center Ghana Goes Independent: To help the project achieve its aims, Kosmos Innovation Center Ghana is incorporated as an independent non-profit organization.
2021
AgriTech Challenge Pro Launches in Ghana: Kosmos Innovation Center launches the AgriTech Challenge Pro, designed to help scale up early-stage agricultural startups with promising business models.
Mauritania Innovation Challenge Expands: The Mauritania Innovation Challenge grows in scale, providing mentorship and seed funding to a larger number of participants.
Focus on Female Entrepreneurs in Mauritania: Kosmos Innovation Center Mauritania sees increased participation in its Women’s Bootcamp, with more women entrepreneurs entering the program.
Senegal Accelerator Focus on Sustainable Agriculture: Senegal’s accelerator shifts its focus towards sustainable agriculture, helping entrepreneurs develop long-term solutions for local challenges.
2022
Kosmos Innovation Center Ghana Wins Big:Ghana receives two awards for ”Excellence in Innovation and Technology of the Year” and “NGO for the Year” at the Ghana Business Awards
AgriTech Challenge Pro Expands in Ghana: The AgriTech Challenge Pro welcomes a new cohort in Ghana, helping startups scale with advanced business mentorship and funding.
Kosmos Innovation Center Senegal – Continues Growth: Kosmos Innovation Center Senegal celebrates its second cohort graduation, with startups making strides in agriculture and climate change.
Mastercard Foundation Partnership in Ghana: Kosmos Innovation Center secures a $16 million partnership with the Mastercard Foundation, enabling the expansion of programs across all 16 regions of Ghana.
Kosmos Innovation Center Incubator Growth in Ghana: The Kosmos Innovation Center Incubator continues to expand, offering more advanced business support and resources to startups in Ghana.
Women’s Bootcamp Continues in Mauritania and Ghana: Both Mauritania and Ghana see success with the Women’s Bootcamp, increasing female entrepreneurship by 40% across programs.
2023
Ra’idat Launch in Mauritania: Kosmos Innovation Center Mauritania introduces Ra’idat (the Arabic feminine plural for leaders or pioneers), offering tailored support for women who want to launch their own business.
Kosmos Innovation Center establishes office in Tamale: Kosmos Innovation Center Ghana organises an inauguration for its new offices and incubation center in Tamale.
AgriTech Challenge Pro Success in Ghana: The AgriTech Challenge Pro records high success rates, with multiple startups securing funding for climate-smart agriculture solutions.
Mauritania Startups Enter New Markets: Mauritania’s Innovation Challenge graduates begin expanding into regional markets, driving economic growth through innovation.
2024
Ghana takes on the Farm Challenge: Blue Skies Foundation gives Kosmos Innovation Center full support to take on the governance and implementation of the School Farm competition.
Third AgriTech Challenge in Ghana: The third edition of the AgriTech Challenge in Mauritania commences, focusing on youth-led innovations in agriculture and sustainability.
DOOR Entrepreneuriat Program Graduation in Senegal: Nearly 100 young entrepreneurs graduate from the DOOR Entrepreneuriat Program in Saint Louis, equipped with essential skills to launch their businesses.
Sixth edition of the Mauritania Innovation Challenge launches: The ever-popular MIC launches its sixth edition and attracts more budding entrepreneurs to learn the ropes of running your own business.