Nigeria - Business creation project

Describe your project or startup in a few words

The PhosTomilayo initiative,will take innovation into secondary schools thereby empowering and building their mindset towards acquiring wealth in a legal way and accumulation method not just a get rich quickly syndrome which has infected our community

01.01 Describe your project in more detail

Student will be introduced to appropriate way and skill acquisition which will yield income and generational wealth if hard work is inputed

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

Poverty,hunger,crime reduction, unemployment

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

It will empower youngsters and prepare them for the life ahead of them

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

Secondary school students

01.05 When did you start working on your project?

2024-01-27

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.)

Nil

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

https://www.fb.com/l/6lp1kJRRR

01.10 Which industry best describes your project?

Other: Vocation (Fashion designing)

02.01.01 My project contributes to the No poverty goal

6

02.01.02 No poverty - Justification

02.02.01 My project contributes to the Zero hunger goal

6

02.02.02 Zero hunger - Justification

After being empowered there is a certain income that comes in there by providing daily needs and reduce hunger which is one of the root course of crime

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

2

02.03.02 Good health and well-being - Justification

02.04.01 My project contributes to the Quality education goal

6

02.04.02 Quality education - Justification

As much as formal education is needed getting a skill will also skyrocket individual success

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

The empowerment isn't only for girls but also for boys this is to balance the notion that a girl child is the only one needed to be supported because of her vulnerability while the boy child suffers neglect thereby pushing him to wrong company

02.06.01 My project contributes to the Clean water and sanitation goal

3

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

5

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

A youngster which has been empowered early will see the need to acquire riches through legal means thereby reducing the impression of get rich quick which most youngsters harbour and which sponsors the evil and illegal activities which as become the other of the day

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

02.10.01 My project contributes to the Reduced inequalities goal

6

02.10.02 Reduced inequalities - Justification

As the fashion industry expands, African fashion also can be sorted after and African designers can be listed among the top designers in the world and their brand can be proudly wore by prominent individuals around the globe

02.11.01 My project contributes to the Sustainable cities and communities goal

1 - Strongly Disagree

02.11.02 Sustainable cities and communities - Justification

02.12.01 My project contributes to the Responsible consumption and production goal

1 - Strongly Disagree

02.12.02 Responsible consumption and production - Justification

02.13.01 My project contributes to the Climate action goal

1 - Strongly Disagree

02.13.02 Climate action - Justification

02.14.01 My project contributes to the Life below water goal

1 - Strongly Disagree

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

2

02.15.02 Life on land - Justification

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

6

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

3

02.17.02 Partnerships for the goal - Justification

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.

2

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

1 - Strongly Disagree

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

7 - Strongly Agree

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

6

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

4

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

4

05.08 Justification

The new innovation is an improvised version on how fashion can be transformed from local and just cloth making into designs which include the use of technological tools such has 3D and presenting a perfect costume which solve the problem of nudity and also shows creativity

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

Road side fashion designer Ability to draft and create designs exactly has seen and the input of technology into fashion

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

No