Home Business 20 groups enter first-spherical of the Kosmos Innovation Centre 2019 Agritech Challenge

20 groups enter first-spherical of the Kosmos Innovation Centre 2019 Agritech Challenge


After five months of nurturing their new ideas, contributors in the 2019 AgriTech Challenge will pitch their enterprise options to a panel of specialist judges for the initial time Thursday. 

The younger business owners have been coached through a series of enterprise enhancement classes and have taken part in in-depth market analysis tours in purchase to deepen their comprehension of the troubles going through Ghana’s agricultural sector. 

At every single stage, the “AgriTechies” have been inspired to recognize areas that would gain from technological innovation innovation and new methods of doing the job. The organization ideas on the clearly show today span, Pest regulate, E-Ag-extension, Aggregation, Urban/House Gardening Aquaculture, Animal Feed Manufacturing, Write-up-harvest Reduction, Api tradition, Meals Security, Irrigation Publish harvest, Poultry Well being, Agri Finance, E-extension, Bio squander processing, Irrigation and Cocoa Put up harvest companies. 

The to start with pitch is 1 of the crucial milestones in the KIC AgriTech Problem journey. The small business teams who survive this initial pitch spherical will continue on performing on their designs, acquired a lot more coaching and schooling, and will development to the 2nd pitch celebration in July 2019.  

“The agricultural sector retains a ton of potential for business people who are eager to create commercially competitive and sustainable firms in Ghana. It is distinct from the great tips on the clearly show today that our programme is enabling one more group of younger folks to realise their goals of getting to be the organization leaders of tomorrow,’ Vice President and Nation Manager, Kosmos Power, Joe Mensah said. 

“We are influenced by the younger women who have signed up to get part in this year’s programme and really encourage much more women of all ages to utilize to join the KIC in future. There is a brilliant future for girls in company and there is a good deal of home for innovation and innovative pondering in agriculture primarily, from crop harvesting to trading flooring, from meals creation and packaging to company automation and products marketing,’ Mensah ongoing. 

More than 100 young business owners from all around Ghana entered the Obstacle in January 2019. The programme commenced with leadership and discipline instruction and a 13-working day industry analysis tour in 6 locations in Ghana – Bigger Accra, Volta, Jap, Ashanti, Northern and Brong-Ahafo.  

They also participated in the AgriTech Trade, a one-day interactive and insightful brainstorming session the place professionals in agriculture, company, and know-how shared their experiences and tips.

There are currently 5 organizations in incubation at the KIC. These startups have been funded in the 2018 AgriTech Challenge and go on to get enterprise assist and instruction, additionally temporary performing room.  

About the Kosmos Innovation Heart

Produced in 2016 to aid build a brighter upcoming, the Kosmos Innovation Middle (KIC) is Kosmos Energy’s flagship social financial investment software in Ghana. The KIC begins its do the job by deciding on an spot of target from one of Ghana’s lots of various sectors. 

The KIC is currently centered on agriculture – the biggest sector of Ghana’s economic system – where it carries on to pursue and nurture the growth of sector-centered solutions that deal with development worries.  

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