South Africa - Startup under 3 years old

Describe your project or startup in a few words

Innovate Energy Project, looks to partner with one of the biggest manufacturers in Asia which we have built a great relationship, we focus on bringing Innovative Energy storage models into Africa to improve the lives of people in Africa .

01.01 Describe your startup in more detail

I have built an exclusive distributorship agreement with a manufacturer for Energy storage systems, this Manufacturer builds systems from start to finish focusing on Residential systems to Turnkey Commercial and Industrial systems to even utility scale models. We have built relationships over the past 12 months traveling Africa from Namibia,Zimbabwe,Nigeria,Nairobi Kenya and the biggest Country struggling with Energy Grid crisis. We have identified a problem and have built partnerships for distribution in the above mentioned Countries. We also want to close the employment gap in Africa. Based on our exclusive distribution agreement with out Manufacturer in Asia, we are looking at creating assembly plants in the above mentioned Countries but particularly starting in South Africa and distributing to our Potential key distributors for our Energy storage systems

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

We are currently struggling with supplying Energy storage systems that are assembled in Africa, we plan to become the first Africa based and black youth owned assembly plant that will Produce quality energy storage systems, We are also closing the gap for unemployment, currently we have an unemployment rate of 60% or above in South Africa. We are also trying to unite African youth owned companies to create synergy and partnership with each other. Working together to remove the lack of proper electricity and increasing the possibility of a greener and brighter Africa for all. Most energy storage systems are expensive we tend and will be competitive in the systems we will provide to Africa as a whole

01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).

The Major benefit that our company will be bringing which is definitely the most important is bringing and assembling quality energy storage products that are affordable and specifically built for the African Market. The Manufacturer we will be partnering with has a strong research and development team l continue to invest more time and resources towards research and development of supplying quality products for the African Market. The biggest advantage I believe in and pride myself towards is creating employment opportunities among the youth and creating an education space about the renewable energy space. We want to close the gap of poverty by creating a form of employment within these Countries

01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?

Our Products are for any person living in Africa , who needs Energy daily as its a major hierarchy of needs in society, We have identified governments becoming our potential partners and target market, by them boosting the purchase of local assembled products for the usage in Africa. There are a lot of Commercial and Industrial Companies that require steady and efficient Energy so we are focused on Factories,schools, home anyone who has the need to live a proper life is essential not just a target but a member of society that we look forward to harnessing a better tomorrow together. Our Products are primarily Residential,Commercial and Industrial Energy storage products and look forward to manufacturing Solar lighting with business growth

01.05 When was your company established?

2024-01-01

01.06 Are you already selling your product/service?

No

01.07 How many other owners are there within your startup?

0

01.08 Among the other owners, how many are female?

0

01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)

I am the owner and director and have been in the renewable energy space for more than 9 years, I have extensive experience and new business Development management, I will be working together in the future with partners which are distributors in the certain Countries I have mentioned. I have traveled to Zimbabwe,Namibia,Nigeria,Ghana,Nairobi Kenya in order to find these potential distributors looking for reliable energy storage products. I understand the extensive need for Energy in Africa and what we require to change the shape of Africa

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

https://www.linkedin.com/in/thabang-mdaweni-79b84556/

01.11 Which industry best describes your project?

a) Energy (equipment, services, sustainable energy and fuel)

02.01.01 My startup contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification for my startup

My start up will be able to create new job opportunities starting in My own Country South Africa, where unemployment is above 60% we as the youth should be the core people focused on creating and assisting each other creating new jobs and sharing opportunities. Renewable energy is the future and we should educate young people about these opportunities creating one job at a time. Being able to feed families by creating jobs

02.02.01 My startup contributes to the Zero hunger goal

4

02.02.02 Zero hunger - Justification for my startup

I would say I somewhat agree by creating jobs we stop the impact of hunger and crime where there are jobs people are not hungry because they are able to take care of their families. The impact of crime and hunger is caused by lack of employment. Where there is employment the people will not starve!

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

1 - Strongly Disagree

02.03.02 Good health and well-being - Justification for my startup

n/a

02.04.01 My startup contributes to the Quality education goal

5

02.04.02 Quality education - Justification for my startup

One of the most important things my company will do is educate the young youth in Africa about renewable energy, focusing on some of our profits and contributing towards training and upskill the youth for a better future, constant training will mean quality products and quality people who understand the importance of educating the youth about opportunities and jobs in renewable energy. Installation training and the understanding of green energy products

02.05.01 My startup contributes to the Gender equality goal

5

02.05.02 Gender equality - Justification for my startup

I strongly believe in the youth working together regardless of their sexuality,culture,ethnicity or skin color, I am a firm and strong believe that everyone is equal and opportunities in an organization should spread equally, allowing for improvement ang growth for positions within the organization.

02.06.01 My startup contributes to the Clean water and sanitation goal

2

02.06.02 Clean water and sanitation - Justification for my startup

n/a

02.07.01 My startup contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification for my startup

The reason I engaged and started this project was specifically based on creating affordable and clean energy for every African which is why we believe our research and development is solely focused on Africa Market products that will improve the lives of every African home and African business. We will continue to work among African countries creating and producing affordable energy storage solutions suitable for our African market. We understand the importance of removing energy poverty in Africa

02.08.01 My startup contributes to the Decent work and economic growth

3

02.08.02 Decent work and economic growth - Justification for my startup

02.09.01 My startup contributes to the Industry innovation and infrastructure

3

02.09.02 Industry innovation and infrastructure - Justification for my startup

02.10.01 My startup contributes to the Reduced inequalities goal

3

02.10.02 Reduced inequalities - Justification for my startup

02.11.01 My startup contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification for my startup

We are and will be providing innovative energy storage systems that are robust and will play an impactful part in contributing towards creating sustanaible cities for a better tomorrrow in Africa

02.12.01 My startup contributes to the Responsible consumption and production goal

1 - Strongly Disagree

02.12.02 Responsible consumption and production - Justification for my startup

02.13.01 My startup contributes to the Climate action goal

4

02.13.02 Climate action - Justification for my startup

02.14.01 My startup contributes to the Life below water goal

4

02.14.02 Life below water - Justification for my startup

02.15.01 My startup contributes to the Life on land goal

3

02.15.02 Life on land - Justification for my startup

02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal

3

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

02.17.01 My startup contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification for my startup

Our partnerships are wholly through out the African continent , removing the stigma of xenophobia that a South African cannot work with a Zimbabwean or Nigeria removing these traditional stigmas and working together to create employment and improve lives by understanding that long term partnerships will help us grow faster and further. No man is an Island and besides our current Manufacturing partner we look forward to building sustainable partnerships in the future and creating energy transformation for all

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

1 - Strongly Disagree

06.02 The product/service represents an entirely new type of product/service.

5

06.03 The product/service could be described as a new technology.

7 - Strongly Agree

06.04 The product/service is an improvement on an existing product or service.

7 - Strongly Agree

06.05 The product/service could be described as an extension of a range of products or services.

7 - Strongly Agree

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

7 - Strongly Agree

06.07 The product/service is a new version of an old product/service.

7 - Strongly Agree

06.08 Justification for my startup

We are constantly looking at ways to supply products that are innovative for Africa, we are looking at creating the first energy storage solutions assembly plant in Africa, we pride ourselves in understanding the african market and continue to improve these products that are assembled in Africa and are cost effective for the renewable energy market

06.09 Competitive Analysis

SRNE,Dyness,Pylontech,Deye,Sunsynk We will constantly be doing extensive research developing tun key storage solutions for the African Market. We have partnered with a strong manufacturer in China that will assist us in constantly developing advance technology products ate very competitive prices

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

Given the opportunity, I will employ as many females and assist women and especially young women to become better entrepreneurs. Females are not limited, anything a man can do, a woman can do