Ghana - Startup under 3 years old

Describe your project or startup in a few words

Rigabel Poultry Farms project aims to revolutionize the poultry industry by offering environmentally friendly and nutritious alternatives to conventional chicken production methods using humanely slaughtered procedures and prepared for packaging.

01.01 Describe your startup in more detail

Rigabel Poultry Farms raises broiler birds in a sustainable and eco-friendly manner. Instead of traditional feed, they incorporate black soldier fly larvae into the birds' diet. These larvae are rich in protein and nutrients, providing a healthier alternative to conventional feed.

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

Relying heavily on imported poultry meat makes the local market susceptible to supply chain disruptions, such as trade restrictions, transportation issues, or geopolitical tensions in exporting countries. This can lead to shortages and price fluctuations, impacting both consumers and businesses. Importing poultry meat often involves additional costs, including transportation fees, tariffs, and currency exchange rates. These costs can drive up the price of poultry products for consumers and reduce profit margins for businesses, ultimately affecting affordability and competitiveness in the market. Imported poultry meat may not always meet the same quality and safety standards as domestically produced products. Consumers may be wary of purchasing imported meat due to concerns about food safety, hygiene, and product traceability, leading to a loss of confidence in the imported poultry meat. Over-reliance on imported poultry can contribute to economic dependency on exporting countries.

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

Rigabel Poultry Farms commitment to sustainability, quality, and innovation in its marketing efforts will ensure products are readily available on the market at all times. The benefits of using black soldier fly larvae in poultry farming does not only present benefits to Rigabel Poultry Farms but also to highlight the superior taste and nutritional value of the products to consumers.

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

Individuals who prioritize sustainability and eco-friendly practices in their purchasing decisions are a key target market. With a focus on producing healthier poultry products, Rigabel Poultry Farms appeals to consumers who prioritize nutrition and quality in their food choices. The use of black soldier fly larvae in the birds' diet results in meat that is higher in protein and nutrients, making it an attractive option for health-conscious individuals. Rigabel Poultry Farms innovative approach to poultry farming and its emphasis on superior taste and quality appeal to foodies and culinary enthusiasts looking for unique and flavorful ingredients. The company's range of products, including value-added cuts and pre-marinated options, caters to this market segment's desire for variety and convenience. Rigabel Farms' frozen poultry products offer convenience to busy urban consumers who may not have access to fresh poultry or prefer the convenience of pre-packaged, easy-to-prepare meals.

01.05 When was your company established?

2022-10-01

01.06 Are you already selling your product/service?

Yes

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.)

Developing project plans that include detailed scope, schedule, and budget. Identifying potential risks and developing mitigation strategies to minimize their impact. The ability to manage time effectively and prioritize tasks to ensure the project stays on track. The ability to identify and solve problems that arise during the project, both independently and as part of a team. A commitment to continuous improvement by seeking feedback, measuring performance, and making necessary adjustments to improve the project management process.

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/edmund-gyimah-b65019192

01.11 Which industry best describes your project?

l) Farming

02.01.01 My startup contributes to the No poverty goal

6

02.01.02 No poverty - Justification for my startup

The project will provide job and business avenues.

02.02.01 My startup contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification for my startup

The project will ensure food is in abundance.

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

7 - Strongly Agree

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

Nutritious food will be produced to promote good health of consumers

02.04.01 My startup contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification for my startup

02.05.01 My startup contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification for my startup

There will be a balance in employment because as men are employed to work in the farm, more women will be employed in the processing facility.

02.06.01 My startup contributes to the Clean water and sanitation goal

1 - Strongly Disagree

02.06.02 Clean water and sanitation - Justification for my startup

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

As this project as to cut down on importation, there will be no need of burning of fossils in large vessels, ships and airplanes to transport to Ghana frozen poultry which can be produced in the country.

02.08.01 My startup contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification for my startup

The economy will be improved as Ghana cedi will appreciate when we do not have to convert cedis into US dollars to import in to Ghana.

02.09.01 My startup contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification for my startup

The poultry industry is positively affected by this insect based technology innovation and more processing facilities even state-of-the-art can be built to process poultry produced by local farmers.

02.10.01 My startup contributes to the Reduced inequalities goal

1 - Strongly Disagree

02.10.02 Reduced inequalities - Justification for my startup

02.11.01 My startup contributes to the Sustainable cities and communities goal

1 - Strongly Disagree

02.11.02 Sustainable cities and communities - Justification for my startup

02.12.01 My startup contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification for my startup

This project provides an opportunity to optimally utilize the short food supply chain

02.13.01 My startup contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification for my startup

Overall, the impact is seen here as food waste will be converted into something valuable using the black soldier fly larvae which will be used as feed ingredient.

02.14.01 My startup contributes to the Life below water goal

1 - Strongly Disagree

02.14.02 Life below water - Justification for my startup

02.15.01 My startup contributes to the Life on land goal

1 - Strongly Disagree

02.15.02 Life on land - Justification for my startup

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

1 - Strongly Disagree

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

02.17.01 My startup contributes to the Partnerships for the goal

1 - Strongly Disagree

02.17.02 Partnerships for the goal - Justification for my startup

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

7 - Strongly Agree

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

4

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

6

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

5

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

5

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

6

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

5

06.08 Justification for my startup

This insect based technology of using the black soldier fly larvae as feed ingredient for animals already exist in other countries but new to the Ghanaian market.

06.09 Competitive Analysis

Importers of poultry meat across Ghana

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

Yes, I have partnered with a female as co-founder to develop business ideas on F6S website seeking for funding