Ghana - Business creation project

Describe your project or startup in a few words

letsstart is a crowdfunding platform for innovators, revolutionaries and startups. the platform will focus on projects relating to Technology(AI, ROBOTICS, ETC.), Climate Solutions(Circular Economy, Zero waste, Green Energy) and Agriculture, Petty Trading

01.01 Describe your project in more detail

LETSSTART is or would be a crowdfunding platform where innovators, revolutionaries and startups will meet flexible SEED INVESTMENT. 1. the funding will earn the investor an EQUITY STAKE in the business, depending on how much is invested. 2. letsstart will gain 5% on the total amount raised, and additional percentage for payment processing. 3. innovators, revolutionaries and startups will apply to (talk to us about the idea)pitch to us. if the team is satisfied with the idea, then it is listed. 4. letsstart will offer BUSINESS COACHING and PROJECT SUPPORT to successful applicants to help them succeed. 5. Women startups and Climate Solution applicants will be prioritised. 6. letsstart will further connect innovators, revolutionaries and startups to people with skills, the right people who can help build and scale up the organisation.

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

In my part of the world, opportunities exist, but the inhabitants seldom utilize them. we have solutions but it is difficult to implement them. some of us have some excess money but we do not meet those who need it. LETSSTART is going to connect big thinkers, Innovators and Change Makers to CAPITAL.

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

letsstart will provide 3 main benefits to successful applicants. 1. easy access to non-loan Capital and SEED FUND. 2. Business Coaching and support 3. Connect innovators, revolutionaries and startups to technical and experienced personnels as co-founders.

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

1. Students 2. Rural Problem Solvers 3. Young entrepreneurs

01.05 When did you start working on your project?

2024-01-01

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

1

01.07 Among the other partners, how many are female?

0

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

He is a software Engineer, Web developer and a Digital Marketer

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

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

7 - Strongly Agree

02.01.02 No poverty - Justification

Giving people capital to start and work on their ideas, together with coaching has a significant possibility of changing lives.

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

letsstart will allow Agricultural ideas to be listed. this would 1. increase the number of people who go into farming 2. boost large scale farming 3. create more employment

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

5

02.03.02 Good health and well-being - Justification

1. people do not go to the hospital 50% of the time because of the money involved. 2. more employment means more money, then better living standard which is what wellbeing is all about.

02.04.01 My project contributes to the Quality education goal

6

02.04.02 Quality education - Justification

1. the probability of better standard of living and quality education is high, which is what letsstart will help achieve, in the long run.

02.05.01 My project contributes to the Gender equality goal

4

02.05.02 Gender equality - Justification

1. Priority will be given to Female entrepreneurs and startups.

02.06.01 My project contributes to the Clean water and sanitation goal

4

02.06.02 Clean water and sanitation - Justification

the platform is meant for students, rural problem solvers, issues with clean water is normally a rural problem, i believe supporting CLIMATE SOLUTIONS, will in the long run aid in sanitation and provision of clean water.

02.07.01 My project contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

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

letsstart is going to inspire innovation and creative thinking, this things are the backbone for economic growth.

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

lack of funding is the hinderance of innovation, that is why the western world is doing well, availability of funds. Letsstart is going to make access to funding easier.

02.10.01 My project contributes to the Reduced inequalities goal

7 - Strongly Agree

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

7 - Strongly Agree

02.13.02 Climate action - Justification

1. As stated earlier, letsstart will prioritise CLIMATE SOLUTION ideas.

02.14.01 My project contributes to the Life below water goal

7 - Strongly Agree

02.14.02 Life below water - Justification

1. As stated earlier, letsstart will prioritise CLIMATE SOLUTION ideas.

02.15.01 My project contributes to the Life on land goal

7 - Strongly Agree

02.15.02 Life on land - Justification

1. As stated earlier, letsstart will prioritise CLIMATE SOLUTION ideas.

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

2

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

6

02.17.02 Partnerships for the goal - Justification

1. As stated earlier, letsstart will prioritise CLIMATE SOLUTION ideas.

05.01 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

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

7 - Strongly Agree

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

4

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

6

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

2

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

7 - Strongly Agree

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

7 - Strongly Agree

05.08 Justification

the major purpose of the platform will be to inspire innovation, a few crowdfunding platforms exist but they do not inspire innovation.

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

kwedex grow for me chango crowdfrica but they are into agriculture and health only

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

i volunteer for Ibelieve Global , a gender equality focuse organisation.