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Kosmos Energy Opens The KIC Incubation Hub In Accra

By Albert Ludwig Botchway, AmCham Communications
By Albert Ludwig Botchway, AmCham Communications
Albert Ludwig Botchway is the Communications Officer at the American Chamber of Commerce in Ghana (AmCham Ghana), where he leads the Chamber’s communications strategy and brand visibility. He drives stakeholder engagement, media relations, and content initiatives that strengthen U.S.–Ghana business relations. His work supports trade, investment, data protection awareness, and innovation across the Chamber’s activities

Kosmos Energy Opens The KIC Incubation Hub In Accra

Chairman and Chief Executive Officer of Kosmos Energy, Andy Inglis, accompanied by Country Manager, Joe Mensah, and Deputy Minister of Energy, Dr. Mohammed Amin Adam, on Wednesday, October 2, 2019, officially opened the Kosmos Innovation Centre Incubation Hub in Accra.

The hub is a 3,053 square meters multipurpose facility with co-working spaces and training rooms with the capacity to host about 20-25 startups from the KIC agritech challenge and serves as a springboard into the entrepreneurship world. It will also allow companies to scheduled sessions with coaches and mentors.

“Kosmos was once a start-up, too. We know what it’s like to see an opportunity, pursue a dream, and build a business.” Andy Inglis, Chairman and Chief Executive Officer of Kosmos Energy noted while delivering his remarks. He added that Kosmos Energy’s interest in Ghana is beyond just oil exploration, but to create economic opportunities as well.

Deputy Minister of Energy, Dr. Mohammed Amin Adam, commended Kosmos for the initiative. “I do not doubt that the many people the centre is turning out are going to take strategic positions in the Agric sector of our country and help to revolutionize and modernize agriculture to contribute to the growth of our economy,” the Minister added. He also urged beneficiaries of the programme to pass on their knowledge to others.

Country Manager of Kosmos Energy Ghana and AmCham Ghana President, Joe Mensah, charged entrepreneurs under the KIC incubation management program to make the best out of the newly built edifice.

“Yes they will have access to experts in the field and a pool of knowledge to shape their business, but one key thing is the opportunity to learn from each other and shape their businesses with personal experiences,” he said.

Kosmos Energy through the Kosmos Innovation Centre has so far created nineteen startups and with an investment of over $300,000 in seed capital.

The Kosmos Innovation Center inspires entrepreneurship by training participants to see opportunities that others miss, give them the confidence to view themselves as entrepreneurs not employees and job creators instead of job seekers. They do this by delivering a best-in-class leadership and entrepreneurship program.

They all out by providing a full life-cycle of support to the most promising entrepreneurs, start-ups, and small businesses. They do it through tailored coaching, skills building, expert mentorship, seed funding, and facilitating connections within and across industries.

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