Deadline: 10-Oct-22
Kosmos Innovation Center (KIC) is offering up to 20,000 USD for its Impact Entrepreneurship Competition which is designed for entrepreneurs and early-stage companies generating positive impact in Ghana’s economic, social and/or environmental sectors, contributing to sustainable development in the region.
Its mission is to recognize and support innovative and successful businesses making a positive impact on society in Ghana, strengthening the impact ecosystem in the country and contributing to bridge the gap between impact and profit.
Benefits
- Over 20,000.00USD in cash prizes and more than $5,000.00USD of in-kind prizes during the competition:
- The winner will receive a grant of 15,000.00USD powered by Open Value Foundation.
- An extraordinary 10,000.00USD will be awarded by Fundación Anesvad to a company working to improve the health and wellbeing of others, including businesses tackling environmental issues impacting people’s health.
- Additionally, based on the jury’s criteria, any of the live-pitch participants will have the opportunity to receive:
- A package of support including mentoring, investor-readiness advice, networks, and introductions to other sources of funding
- Opportunities to access products and/or services donated by partners and collaborators
Why apply for the Impact Entrepreneurship Competition?
- Access to funding (grant).
- Access to global networks of investors, donors, and entrepreneur support organizations.
- One-on-one investor-readiness advice.
- Opportunity to pitch and get feedback from experts and investors.
- Visibility.
Eligibility Criteria
- Any for-profit company registered in the African continent, that has:
- A clear for-profit business model with potential for scale
- Between 3 and 5 years of operations
- The ability to demonstrate positive social impact in Ghana (on rural, low-income, or disadvantaged communities)
- Not raised more than USD 500,000 in debt, grant, equity or other sort of funding.
For more information, visit https://kicghana.org/