South Africa - Business creation project

Describe your project or startup in a few words

The project aims to redesign the way humanity produces and consume energy, to provide a fast solution to slowing down climate change.

01.01 Describe your project in more detail

The idea is a concept I refer to as Off-grid energy expansion. The purpose of the concept is to decrease: consumption, production and carbon emissions. Our consumption of electricity is directly linked to our production; mainly the amount of fossil fuels and energy infrastructure needs to match our demand. The idea is to domesticate this process by expanding energy off the grid The device I have invented to help achieve this goal is called a Magnex Cylinder.

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

> Climate Change > High levels of carbon emissions from electricity production.

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

> The product is a novel idea. > The product aims to make electricity cheaper for the society at large. > The product will decrease the amount of energy infrastructure needed to distribute electricity which damages habitats and alters ecosystems.

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

> Humanity - energy will be cheaper to access for residential home owners and decrease the current high cost of living. > Humanity - energy will be cheaper for business owners and commercial industries which will improve economic output and productivity which could have the potential of improving the living conditions of most people. > Wildlife - the device aims to decrease the amount of fossil fuel which need to be burnt to produce electricity. This will improve the level of pollutants which affect natural systems.

01.05 When did you start working on your project?

2023-02-01

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

0

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.)

I myself am a project management specialist. I currently hold a 2 year National Qualification in Project Management, and a International CompTIA Project+ Certification awarded by CompTIA - Project Management

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

https://www.linkedin.com/in/iammogalemaponya/

01.10 Which industry best describes your project?

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

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

The device as mentioned above aims to lower the cost of electricity, thus expanding the amount of people who need access to electricity.

02.02.01 My project contributes to the Zero hunger goal

3

02.02.02 Zero hunger - Justification

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

7 - Strongly Agree

02.03.02 Good health and well-being - Justification

An improved standard of living will allow for people to be better equipped to live better. This device may also offer the same benefits to health care institutions in any geographical area, most importantly in rural areas.

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

3

02.05.02 Gender equality - Justification

02.06.01 My project contributes to the Clean water and sanitation goal

7 - Strongly Agree

02.06.02 Clean water and sanitation - Justification

People living in rural areas will have cheaper access to electricity to be able to use the energy to cleanse it; using methods such as boiling on stoves.

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 aim of this technology is to decrease dependency on fossil fuel based sources of electrcity.

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 device as mentioned above will allow for users to spend less on energy, some of these users will be in commercial industries, this will allow for greater economic output from businesses creating opportunities for better productivity and employment in communities.

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

The concept of off-grid energy expansion may also allow for us to use less energy infrastructure to create and distribute energy. So the planet could transition to greener methods doing what it currently does. The improved economic output will allow for technology to progress with little to no impact on the planet's biosphere.

02.10.01 My project contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification

The project aims to make electricity affordable and more accessible for more people.

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

As mentioned above the project's goal is to decrease the already existing fossil fuel based energy infrastructure to improve ecological systems, and also improve sustainability from residential level all the way up to commercial activities which will translate to communities.

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

The system aims to improve the production and consumption of electricity without altering the lifestyles of people who depend on it, which currently is the background issue which plagues the efforts put forward to combat climate change.

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

The main target is to lower carbon emissions in electricity production which is one of the leading carbon emitting industries on the planet. If this industry is addressed it will also allow for the technology to be expanded into providing cleaner energy for EV industry and with the target to decrease energy infrastructure, less deforestation may occur.

02.14.01 My project contributes to the Life below water goal

7 - Strongly Agree

02.14.02 Life below water - Justification

Currently the carbon emitted by fossil fuel power stations is often absorbed by the oceans, which results in the destruction of coral reefs and other ocean plant life. The death of ocean plants then affects the rest of the life below which feeds on these plants.

02.15.01 My project contributes to the Life on land goal

7 - Strongly Agree

02.15.02 Life on land - Justification

Expanding energy infrastructure requires for habitats and ecosystems to be wiped and their ongoing operation results in different forms of pollution, so a decrease would allow for better living conditions for life on land.

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

7 - Strongly Agree

02.16.02 Peace justice and strong institutions - Justification

The project's solutions aims to form a middle-ground, to allow for institutions to achieve their goals without hindering the interests of other stakeholders amongst society.

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

As mentioned above the project is the first of it's kind. A background running solution which allow for all stakeholders involved to personally benefit their respective interests whilst achieving sustainability goals.

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.

1 - Strongly Disagree

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.

1 - Strongly Disagree

05.08 Justification

The device does not exist in any electrical application. Aesthetically, there is no other technology which resembles it and or offers the same functions or fulfills the desired purpose.

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

None.

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

N/A