26 In its first phase, the KIC has turned its attention to agriculture – the largest sector in Ghana’s economy. The KIC has focused on the nexus between information and communications technology (ICT) and agriculture, with the goal of inspiring young entrepreneurs to transform Ghana’s agricultural sector. To achieve results that drive change, the KIC uses a three-pronged approach: Collaboration, Incubation, and Acceleration. KOSMOS INNOVATION CENTER Young entrepreneurs with the Kosmos Innovation Center work on business plans during a Collaboration Session. After more than a decade of helping to develop the oil and gas industry, we launched the Kosmos Innovation Center (KIC) in 2016 to help Ghana build a brighter future by applying innovation and technology to some of the country’s key challenges. COLLABORATION Through workshops, conferences, and other events, the KIC brings together the best and brightest minds from a range of fields, such as business, technology, finance, academia, and others, to talk through the challenges in improving Ghana’s agricultural sector. These carefully selected individuals share their knowledge, inspire each other, and work together to develop practical solutions. INCUBATION Through a formal competition focused on innovation, the KIC challenges young entrepreneurs to use technology to develop commercially viable solutions to address challenges within agriculture. At the end of the competition, selected entrepreneurs receive seed funding, technical assistance, and mentorship to help them turn their ideas into reality. The Meltwater Entrepreneurial School of Technology (MEST) is the KIC’s key partner in inspiring budding entrepreneurs to use technology to transform agriculture in Ghana. ACCELERATION Through technical assistance and capital investment, the KIC is accelerating the development of promising small businesses. After a stringent screening process, selected companies will receive a range of support aimed at helping them grow.