{"id":1213098,"date":"2022-09-29T07:37:45","date_gmt":"2022-09-29T07:37:45","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/09\/29\/glovo-ghana-partners-kosmos-innovation-open-value-foundation-for-impact-entrepreneurship-competition-2\/"},"modified":"2022-09-29T07:37:45","modified_gmt":"2022-09-29T07:37:45","slug":"glovo-ghana-partners-kosmos-innovation-open-value-foundation-for-impact-entrepreneurship-competition-2","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/09\/29\/glovo-ghana-partners-kosmos-innovation-open-value-foundation-for-impact-entrepreneurship-competition-2\/","title":{"rendered":"Glovo Ghana partners Kosmos Innovation &#038; Open Value Foundation for Impact Entrepreneurship Competition"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Kosmos Innovation Center Ghana, Glovo and Open Value Foundation are organizing an Impact Entrepreneurship Competition for innovative and successful Ghanaian-owned businesses making a positive impact on society, with a view to strengthening the impact ecosystem in the country and contributing to bridge the gap between impact and profit.<\/p>\n<p>The Impact Entrepreneurship Competition is designed for entrepreneurs and early-stage companies generating positive impact in Ghana\u2019s economic, social and\/or environmental sectors, contributing to sustainable development in the country.<\/p>\n<p>Over 20,000USD in cash prizes and more than 5,000USD of in-kind prizes will be awarded to the selected entrepreneurs during the competition.\u00a0 The winner will receive a grant of 15,000USD powered by Open Value Foundation. 10,000USD will be awarded to a company working to improve the health and wellbeing of others, including businesses tackling environmental issues impacting people\u2019s health by Anesvad Foundation.<\/p>\n<p>Additionally, based on the jury\u2019s 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 and opportunities to access products and\/or services donated by partners and collaborators.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-883837\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/09\/KIC-IB-73-scaled.jpg\" alt=\"\" width=\"2560\" height=\"1707\"  \/><\/p>\n<p>To participate in the competition, the Ghana registered company must have raised less than USD250,000 in funding, have been in operations for 2 or more years, have a clear for-profit or sustainable business model with potential for scale and the ability to demonstrate positive social impact in Ghana (on rural, low-income, or disadvantaged communities).<\/p>\n<p>The Competition will be made up of 2 stages.\u00a0 The first stage will be through an online submission while the second stage will be a physical event where the top eight shortlisted businesses will pitch in person to a panel of judges and investors.\u00a0 The live pitch will be held on 4th November 2022 in Accra.<\/p>\n<p>All applications should be submitted to bit.ly\/ImpactGhanaAwards or to kicghana.org on or before October 10th, 2022. \u00a0All questions and enquiries should be directed to info@kicghana.org or +233 0342295432.<\/p>\n<p><strong>About Kosmos Innovation Center Ghana<\/strong><\/p>\n<p>The Kosmos Innovation Center (KIC) is investing in the future by supporting innovators turning today\u2019s problems into tomorrow\u2019s opportunities.\u00a0 We are on a mission to scale innovations that apply commercial solutions to key development challenges in Africa, starting with agriculture.\u00a0 We have successfully invested in hundreds of young entrepreneurs and small businesses who have big ideas and want to see their country grow.\u00a0 We achieve this through tailored coaching, skills building, expert mentorship, seed funding, and facilitating connections within and across industries.\u00a0 For more information about Kosmos Innovation Centre, please visit: https:\/\/kicghana.org\/<\/p>\n<p><strong>About Glovo<\/strong><\/p>\n<p>Glovo is a pioneering multi-category delivery app and one of the world\u2019s leading technology platforms intermediating in the on-demand delivery industry.\u00a0 Founded in Barcelona in 2015, it operates in Southwest Europe, Eastern Europe, and Sub-Saharan Africa.\u00a0 For more information about Glovo, please visit: https:\/\/about.glovoapp.com\/en\/<\/p>\n<p><strong>About Open Value Foundation<\/strong><\/p>\n<p>Open Value Foundation is a family foundation on a mission to promote and encourage impact investing to improve people\u2019s lives.\u00a0 It employs a hybrid model between traditional philanthropy and private capital investing, and works to accelerate the creation of innovative solutions to fight poverty and improve the lives of the most vulnerable people, bringing together impact stakeholders and strengthening the impact ecosystem.\u00a0 For more information about OVF, please visit: https:\/\/www.openvaluefoundation.org<\/p>\n<p><strong>About Anesvad Foundation<\/strong><\/p>\n<p>Anesvad Foundation has been committed to the Right to Health of all people for more than 50 years, focusing on those in the most vulnerable situations.\u00a0 It develops projects that guarantee access to health in Africa, seeking the greatest impact and the greatest sustainability.\u00a0 Anesvad Foundation also supports causes and projects that help improve people\u2019s lives, in addition to guaranteeing its economic sustainability through a portfolio of impact investments.\u00a0 For more information, please visit: https:\/\/www.anesvad.org\/<\/p>\n<div class=\"jeg_post_source\">\n\t\t\t\t\t<span>Source:<\/span><br \/>\n\t\t\t\t\tKosmos Innovation Center Ghana\n\t\t\t\t<\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kosmos Innovation Center Ghana, Glovo and Open Value Foundation are organizing an Impact Entrepreneurship Competition for innovative and successful Ghanaian-owned businesses making a positive impact on society, with a view to strengthening the impact ecosystem in the country and contributing to bridge the gap between impact and profit. The Impact Entrepreneurship Competition is designed for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1213099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[6471,1864,402,85,26521,3606,5933,5934,722,1718],"class_list":["post-1213098","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-competition","tag-entrepreneurship","tag-foundation","tag-ghana","tag-glovo","tag-impact","tag-innovation","tag-kosmos","tag-open","tag-partners"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1213098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1213098"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1213098\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1213098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1213098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1213098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}