Home / AOV / Fruitflour won $50,000 at the just ended Kosmos Innovation AgriTech Challenge

Fruitflour won $50,000 at the just ended Kosmos Innovation AgriTech Challenge

Fruitflour – a new start-up that produces and packages nutritious ready-to-serve baby food from fruits and vegetables, came out as winners of the 2020 Kosmos Innovation Center (KIC) AgriTech Challenge after more than a year of market research tours, online trainings and pitches.

The 2020 AgriTech Challenge winner received a $50,000 in seed funding, as well as up to four years of business training, mentorship, and incubation at the Kosmos Innovation Center Hub located in Dworwulu.

Promising teams that did not win seed funding will be eligible to continue benefitting from coaching offered by the Kosmos Innovation Center.

Joe Mensah, Senior Vice President and Head of the Ghana Business Unit for Kosmos Energy and Chairman of the Kosmos Innovation Center’s Board of Directors, said: “the participants involved in the 2020 AgriTech Challenge deeply impressed me with their determination to succeed despite the challenges posed by the pandemic. The quality of the teams, their entrepreneurial spirit, and the potential of their business ideas are all testament to the work of everyone at the Kosmos Innovation Center. I would like to congratulate the winners OASAL Group and Fruitflour and wish them future success.”

The 2020 AgriTech Challenge attracted 150 young entrepreneurs selected from more than 1,000 applicants.

About Kosmos Innovation Center

The Kosmos Innovation Center (KIC) in Ghana is a non-profit organization that invests in young entrepreneurs and small businesses.

It empower entrepreneurs to turn their ideas into viable, self-sustaining businesses and it work alongside promising small businesses to help them scale and reach their full potential.

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