Ghana - Business creation project
Individual
participation
Light_it_up_pace_marker
This idea is to incorporate recycled plastics into the development of a pace monitoring product which would help runners and the like understand and track their pace/speed in real time.
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Light_it_up_pace_marker
Describe your project or startup in a few words
This idea is to incorporate recycled plastics into the development of a pace monitoring product which would help runners and the like understand and track their pace/speed in real time.
01.01 Describe your project in more detail
The product is a made up of light connected in a chain and stretching along the track/running field. The lights is programmable to start lighting up from one end, moving along the chain until it reaches the other end. The speed at which the light moves can be modified to suit the user. The user is able to upload their running data (or that of another runner) and then train against this data (as a point of reference) - As though they were running against themselves in real time. This is a really simple product but would be tremendously impactful especially for the sporting industry to enable sprinters, marathon runners, footballers and all running enthusiasts to expressly monitor their training for a more personalized training experience.
01.02 What is the main problem you are trying to solve?
1. This is meant to help with the reduction of plastic waste by transforming plastic into a meaningful product which would otherwise end up polluting our streets and water bodies. 2. This idea is meant to help sporting individuals with a product to help monitor and facilitate a more personalized training experience.
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. This product provides the user with a point of reference in real time to train against for a more personalized training experience. 2. This product would benefit our environment and our planet by taking plastic waste and transforming it into something meaningful and impactful for the benefit of all.
01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?
The targeted beneficiaries are sporting men & women (footballers, sprinters and marathon) as well as all other sporting enthusiasts.
01.05 When did you start working on your project?
2024-05-05
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.)
None
01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:
Not answered01.10 Which industry best describes your project?
c) Industry (equipment, commercial, logistical and professional services, transport)
02.01.01 My project contributes to the No poverty goal
6
02.01.02 No poverty - Justification
This initiative would employ people to work at various stages of our product development phases, from the raw materials collection stage to he assembling stage, giving them to earn somr livelihood to help the world end poverty in our small way.
02.02.01 My project contributes to the Zero hunger goal
3
02.02.02 Zero hunger - Justification
Not answered02.03.01 My project contributes to the Good health and well-being goal
5
02.03.02 Good health and well-being - Justification
By giving individuals the opportunity to train using other personalities as a point of reference in real-time, this product offers individuals a more personalized, interactive and fun way to get fit and healthy. It would encourage physical activity of users thereby leading to a much more fitter and healthier society
02.04.01 My project contributes to the Quality education goal
3
02.04.02 Quality education - Justification
By training individuals in the making of this product, they would acquire some working knowledge which they may capitalize on in their future career paths.
02.05.01 My project contributes to the Gender equality goal
7 - Strongly Agree
02.05.02 Gender equality - Justification
This product would encourage all persons especially women and girls to participate in sporting activities more as they would be able to train using established women's (running) data which would give a more immersed, involving and encouraging experience to overall encourage women participation in sporting activities. This product is for all persons (capable of using the product). It would be earnestly regarded, making sure that the development process/stages would ensure the fair inclusion of persons to ascertain gender inclusion and equality.
02.06.01 My project contributes to the Clean water and sanitation goal
7 - Strongly Agree
02.06.02 Clean water and sanitation - Justification
By incorporating the use of plastic waste, recycling them into this product, we ensure the reduction of plastics polluting our streets and water bodies by converting them into useful and beneficial products.
02.07.01 My project contributes to the Affordable and clean energy goal
6
02.07.02 Affordable and clean energy - Justification
To power the product, clean energy from the sun would be used power it.
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
Individuals working throughout the chain of the product's development would be able to earn a decent income to live fulfilling lives to facilitate 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
This product would introduce new ideas and Innovation to the industry to challenge the status quo and continues progress and development of he industry.
02.10.01 My project contributes to the Reduced inequalities goal
3
02.10.02 Reduced inequalities - Justification
Not answered02.11.01 My project contributes to the Sustainable cities and communities goal
3
02.11.02 Sustainable cities and communities - Justification
Not answered02.12.01 My project contributes to the Responsible consumption and production goal
4
02.12.02 Responsible consumption and production - Justification
Not answered02.13.01 My project contributes to the Climate action goal
7 - Strongly Agree
02.13.02 Climate action - Justification
By converting plastic waste into useful products, this small but impactful initiative would help make our planet safer for a better tomorrow.
02.14.01 My project contributes to the Life below water goal
7 - Strongly Agree
02.14.02 Life below water - Justification
Removing plastic waste from the environment for the development of this initiative would help rid the oceans of plastic (including micro-plastics) which would have otherwise polluted and disrupted life below water.
02.15.01 My project contributes to the Life on land goal
7 - Strongly Agree
02.15.02 Life on land - Justification
By helping eliminate plastic waste from the environment, this initiative would help preserve life on land by helping efforts that seek to provide a cleaner and safer environment free of plastic pollution.
02.16.01 My project contributes to the Peace justice and strong institutions goal
3
02.16.02 Peace justice and strong institutions - Justification
Not answered02.17.01 My project contributes to the Partnerships for the goal
7 - Strongly Agree
02.17.02 Partnerships for the goal - Justification
This initiative promises to be an essential addition to all sporting activities/events across all countries and regions and hence, would
05.01 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
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.
7 - Strongly Agree
05.04 The product/service we envision creating is an improvement on an existing product or service.
1 - Strongly Disagree
05.05 The product/service we envision creating could be described as an extension of a range of products or services.
5
05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.
6
05.07 The product/service we envision creating is a new version of an old product/service.
1 - Strongly Disagree
05.08 Justification
This product is unlike anything ever seen before. How? 1. It provides the user with a reference point to train against - This reference point can come from the user's own data or data from another person such that the user is able to train (run) as though they we running with themselves when they are actually not physically present. 2. The user is able to train (run) as though they we running with another person when they are on the field. actually not physically
05.09 Who are your main potential competitors and what makes you stand out from them?
The only competitor that comes to mind is the Fitbit watch industry which provides its users with data, specifically the time taken to complete run (sprint, marathon, etc.) Our competitive advantage: Where we come in is to provide users with a product that enables them train/run against a virtual impression of themselves in real time. This gives the user a much more in-depth experience, making the training/running activity much more fun and interactive.
10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?
Yes. 1. I strongly encouraged and supported my fellow female work colleague to kickstart her stew business. 2. I am in talks with one other female work colleague to ignite her desire to start her farming business. 3. Another female friend of mine I am currently encouraging to start her bread business.
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