About the Kosmos Innovation Center in Mauritania
The Kosmos Innovation Center (KIC) invests in young entrepreneurs and small businesses who have big ideas and want to see their country grow. The program is helping young, entrepreneurial Mauritanians develop their business skills and potential, encouraging and challenging them to turn ideas for new products and services into reality. Over 30 young entrepreneurs have been selected to participate in the Mauritania Innovation Challenge which ran until early 2019. Alongside the $60,000 seed-funding provided by Kosmos Energy, two participant businesses have already been able to leverage an additional $30,000 from external funders.
DAI, an international development company, helps the Kosmos Innovation Center to design and implement programs that advance locally led, market-driven solutions to some of the country’s key challenges. It provides capacity building support, investment due diligence, and ongoing technical assistance to the team.