Uganda - Business creation project

Describe your project or startup in a few words

Yoh tickets is a comprehensive digital solution designed to facilitate the sale, distribution, and management of tickets for various events, including concerts, sports games, theater performances, conferences etc.

01.01 Describe your project in more detail

Yoh tickets integrates a range of features to streamline operations for event organizers, enhance the purchasing experience for attendees, and ensure the secure and efficient handling of ticket transactions. An organiser creates and customises tickets with allocation of venue, tax and date. With an organiser dashboard, the organiser that monitor and manage sales in real time. The platform also provides multiple payment options to cater for the convenience of customers, regardless of location or means. As a future additional feature, the product will provide a mobile US dollar wallet, which customers can make payments with, all around the world either for event tickets, purchasing items from event vendors or for online shopping. Lastly, with blockchain integration, the product will ensure a secure, efficient and transparent solution to the events sector.

01.02 What is the main problem you are trying to solve?

Access to events tickets, with the most convenient and efficient means of ticket purchase.

01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).

1. The product will cater for multiple tickets payment options including mobile money, visa, Mastercard, USSD and stablecoin, hence zero limitation on location or payment options. 2. With blockchain integration, the platform will secure authenticity of tickets and enable faster processing of ticket sales. The technology will also enable customers to possess NFTs in form of event tickets, that can store or accumulate value over time. 3. As a future additional feature, the product will provide a mobile US Dollar wallet, which customers can make payments with all around the world, either for event tickets, items from event vendors or for online shopping.

01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?

Event organisers and attendees from all around African and beyond.

01.05 When did you start working on your project?

2023-07-15

01.06 How many other partners are associated with your business venture?

2

01.07 Among the other partners, how many are female?

1

01.08 Please describe the profile of each of the other partners (skills, experience, etc.)

Innocent Kisiitu: A bachelor's degree holder in PR, advertising and media plus an advanced diploma in multimedia. With experience in branding, advertising and marketing for over 7 years. Rosemary Nakigozi: A bachelor's degree holder in in Industrial Art in Education plus a certificate and experience in pastry and cookery for over 3 years.

01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:

https://yohtickets.com/

01.10 Which industry best describes your project?

h) IT (digital services, equipment and software)

02.01.01 My project contributes to the No poverty goal

5

02.01.02 No poverty - Justification

The business aims at employing up to 50 youth every month, with in a period of 1 year.

02.02.01 My project contributes to the Zero hunger goal

3

02.02.02 Zero hunger - Justification

The business will participate in charity initiatives as a means of giving back to communities every year.

02.03.01 My project contributes to the Good health and well-being goal

3

02.03.02 Good health and well-being - Justification

02.04.01 My project contributes to the Quality education goal

4

02.04.02 Quality education - Justification

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

The business will have a gender equality agreement and term, made public to our customers and staff through online platforms. This will be emphasised during the recruitment process as well.

02.06.01 My project contributes to the Clean water and sanitation goal

7 - Strongly Agree

02.06.02 Clean water and sanitation - Justification

The platform is a waste free business.

02.07.01 My project contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

The solution will provide market based rates favorable for the market.

02.08.01 My project contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification

The solution will contribute to the revenue of the country through taxes and employment.

02.09.01 My project contributes to the Industry innovation and infrastructure

6

02.09.02 Industry innovation and infrastructure - Justification

With use of new technology(blockchain), the solution contributes to innovation.

02.10.01 My project contributes to the Reduced inequalities goal

4

02.10.02 Reduced inequalities - Justification

02.11.01 My project contributes to the Sustainable cities and communities goal

4

02.11.02 Sustainable cities and communities - Justification

02.12.01 My project contributes to the Responsible consumption and production goal

4

02.12.02 Responsible consumption and production - Justification

02.13.01 My project contributes to the Climate action goal

6

02.13.02 Climate action - Justification

Being an online solution, it is safe to say that it does not cause any environmental concern.

02.14.01 My project contributes to the Life below water goal

4

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

4

02.15.02 Life on land - Justification

02.16.01 My project contributes to the Peace justice and strong institutions goal

4

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

6

05.02 The product/service we envision creating represents an entirely new type of product/service.

2

05.03 The product/service we envision creating could be described as a new technology.

5

05.04 The product/service we envision creating is an improvement on an existing product or service.

7 - Strongly Agree

05.05 The product/service we envision creating could be described as an extension of a range of products or services.

7 - Strongly Agree

05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.

4

05.07 The product/service we envision creating is a new version of an old product/service.

1 - Strongly Disagree

05.08 Justification

The product provides similar services like other existing products, however it integrates new technology and solutions to cater for the same problems at a much more efficient and secure level.

05.09 Who are your main potential competitors and what makes you stand out from them?

Quicket & Eventbrite are the major competitors. They both provide event ticketing services internationally, however they do not have blockchain integration and no mobile wallet as a feature. In other words, they focus mainly on event sales and management, nothing else. Yoh Tickets will be covering both the services that the competitors provide and other after-event services. (Storage of value through NFTs and the USD wallet for both savings and online payments)

10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?

Yes. Besides my other partner being a female, the business will be participating in different female empowerment programs.