Nigeria - Business creation project

Describe your project or startup in a few words

Our ride-sharing platform connects verified commuters with car owners who travel along similar daily routes. This service is subscription-based, ensuring a steady income for car owners and affordable transportation for subscribers.

01.01 Describe your project in more detail

In today's fast-paced world, many people struggle to access affordable and convenient transportation options for their daily commutes and routine activities. Traditional ride-sharing services can be costly, and public transportation may not always align with individual schedules or routes. Additionally, there's a growing need for efficient interstate movement of goods and services. Our innovative platform addresses these challenges by offering a community-driven solution that enhances convenience, affordability, and reliability. Our ride-sharing platform connects verified commuters with car owners who travel along similar daily routes. This service is subscription-based, ensuring a steady income for car owners and affordable transportation for subscribers. The platform also facilitates the interstate movement of goods and services, leveraging the same network of car owners to optimize logistics and reduce costs.

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

The main problem we are trying to solve is the lack of access to affordable and convenient transportation options in Nigeria for daily commutes and routine activities, as well as the need for efficient interstate movement of goods and services.

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

Our platform offers several major benefits: 1. Affordability and Convenience: By connecting commuters with car owners traveling similar routes, we provide a cost-effective and convenient transportation option, reducing the need for expensive ride-sharing services and inflexible public transport schedules. 2. Community Trust and Safety: All users undergo a thorough verification process, ensuring a safe and reliable community. A rating and review system further enhances trust and accountability. 3. Efficient Goods Transport: Our platform facilitates interstate movement of goods, optimizing logistics and reducing costs by utilizing existing routes and minimizing empty trips. This service caters to both individuals and businesses, enhancing efficiency in goods delivery.

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

1. Urban Commuters: Individuals who need reliable and affordable transportation for their daily commutes, including professionals, students, and anyone with a regular travel schedule. 2. Car Owners: Vehicle owners looking to offset their commuting costs or earn extra income by offering rides to others traveling along their routes. 3. Small Businesses and E-commerce Vendors: Companies that require cost-effective and efficient solutions for the interstate transport of goods and services. 4. Community Members: People seeking a trustworthy and community-driven alternative to traditional transportation and logistics options, emphasizing safety, reliability, and environmental benefits.

01.05 When did you start working on your project?

2024-03-01

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

3

01.07 Among the other partners, how many are female?

1

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

Opaleye Kehinde: CTO-Software engineering, backend focus Oluyemisi Giwa: Business Development Manager Gbeminiyi Shamagbeyi: COO- Front-end developer Moses Olagunju: Project Manager

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

https://letsgoride.com.ng

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

our platform supports SDG 1 by making transportation more affordable, creating income opportunities, improving access to goods and services, and fostering economic inclusion.

02.02.01 My project contributes to the Zero hunger goal

5

02.02.02 Zero hunger - Justification

Through these efforts, our startup contributes to SDG 2 by enhancing food distribution efficiency, supporting local food producers, reducing food costs, and fostering community resilience in food systems.

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

By reducing pollution, improving access to healthcare, enhancing well-being, promoting healthy lifestyles, and ensuring safe transportation, our startup significantly contributes to SDG 3, fostering good health and well-being for all users. By reducing pollution, improving access to healthcare, enhancing well-being, promoting healthy lifestyles, and ensuring safe transportation, our startup significantly contributes to SDG 3, fostering good health and well-being for all users.

02.04.01 My project contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification

By improving access to educational institutions, supporting lifelong learning, reducing absenteeism, enabling participation in extracurricular activities, and supporting community education initiatives, our startup significantly contributes to SDG 4, fostering inclusive and equitable quality education for all.

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

By improving access to educational institutions, supporting lifelong learning, reducing absenteeism, enabling participation in extracurricular activities, and supporting community education initiatives, our startup significantly contributes to SDG 4, fostering inclusive and equitable quality education for all.

02.06.01 My project contributes to the Clean water and sanitation goal

7 - Strongly Agree

02.06.02 Clean water and sanitation - Justification

While our core business revolves around transportation, these indirect contributions to SDG 6 highlight how our platform can support broader environmental and sustainability goals, including clean water and sanitation for all.

02.07.01 My project contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

By promoting the use of electric vehicles, reducing overall energy consumption, supporting renewable energy initiatives, and raising awareness about clean energy, our startup contributes significantly to SDG 7, advancing affordable and clean energy solutions for all.

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

By creating jobs, supporting small businesses, promoting inclusive employment, enhancing productivity, fostering skill development, ensuring economic stability, encouraging innovation, and building economic resilience, our startup significantly contributes to SDG 8, fostering decent work and economic growth for all.

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

By promoting technological innovation, enhancing infrastructure efficiency, supporting sustainable industry practices, facilitating connectivity, boosting local economies, promoting inclusive industrialization, encouraging digital adoption, collaborating on infrastructure development, and fostering transportation network resilience, our startup significantly contributes to SDG 9, advancing industry, innovation, and infrastructure for sustainable development.

02.10.01 My project contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification

By promoting equal access to transportation, creating economic opportunities, facilitating accessible goods transport, fostering inclusive community building, promoting gender equality, ensuring accessibility for persons with disabilities, and promoting social inclusion, our startup significantly contributes to SDG 10, reducing inequalities and building a more equitable society for all.

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

By addressing traffic congestion, reducing carbon emissions, optimizing resource use, enhancing access to transportation, promoting inclusive urban planning, supporting smart mobility solutions, creating vibrant communities, improving disaster resilience, and preserving cultural heritage, our startup significantly contributes to SDG 11, fostering sustainable cities and communities for present and future generations.

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

By promoting sustainable transportation, reducing waste and emissions, encouraging circular economy principles, facilitating access to sustainable products, raising awareness about sustainability, supporting ethical supply chains, reducing food waste, and promoting sustainable lifestyles, our startup significantly contributes to SDG 12, fostering responsible consumption and production patterns for a more sustainable future.

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

By reducing greenhouse gas emissions, encouraging sustainable transportation practices, raising awareness about climate change, supporting renewable energy adoption, mitigating air pollution, adapting to climate impacts, advocating for climate policies, and promoting carbon offsetting, our startup actively contributes to SDG 13, advancing climate action for a more sustainable and resilient future.

02.14.01 My project contributes to the Life below water goal

7 - Strongly Agree

02.14.02 Life below water - Justification

While our contributions to SDG 14 may be indirect, they align with the broader goals of promoting sustainable practices and protecting the health and resilience of marine ecosystems. Through our efforts to reduce pollution, support sustainable fisheries, prevent plastic pollution, raise awareness, support coastal communities, and advocate for sustainable policies, we contribute to the conservation and preservation of 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

Through these efforts, our startup significantly contributes to SDG 15, advancing the conservation, restoration, and sustainable management of terrestrial ecosystems and biodiversity.

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

Through these efforts, our startup significantly contributes to SDG 16, advancing peace, justice, and strong institutions by promoting trust and safety, preventing conflicts, providing access to justice, fostering transparency and accountability, protecting human rights, combatting corruption, supporting civic engagement, and building strong communities.

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

Through these partnerships and collaborative efforts, our startup significantly contributes to SDG 17, advancing partnerships for the goals by fostering collaboration, supporting sustainable development initiatives, promoting knowledge sharing and capacity building, facilitating technology transfer and innovation, encouraging financial support and investment, advocating for policy change, promoting global cooperation, and measuring and reporting progress towards shared objectives.

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.

6

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.

7 - Strongly Agree

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.

4

05.08 Justification

Our project idea stands out for its unique approach to addressing regional financial development, job creation, preservation of cultural values, and open communication with local communities through the following innovative aspects: Tailored Transportation Solutions: Unlike traditional ride-sharing platforms that focus primarily on urban areas, our project targets regional communities, providing transportation solutions that are tailored to the specific needs and challenges of these regions. This focus on regional transportation fills a gap in the market and addresses the unique mobility requirements of rural and semi-urban areas. Integrated Goods Transport Service: In addition to ride-sharing services, our project offers an integrated goods transport service, allowing individuals and businesses to transport goods efficiently within and between regions. This innovative service not only supports local economies by facilitating the movement of goods but also creates additional income

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

In Nigeria, our main potential competitors may include existing ride-sharing platforms such as Uber, Bolt (formerly Taxify), and local players like Gokada and Opay. However, what sets us apart from these competitors are several key factors: Focus on Regional Transportation: While competitors primarily operate in urban centers, we specialize in providing transportation solutions tailored to regional communities, addressing the unique mobility needs of rural and semi-urban areas. Integrated Goods Transport Service: Unlike traditional ride-sharing platforms that focus solely on passenger transportation, we offer an integrated goods transport service, allowing individuals and businesses to efficiently transport goods within and between regions. Cultural Preservation and Promotion: We emphasize cultural preservation and promotion by facilitating the transportation of goods that reflect regional values and traditions, supporting local artisans, producers, and businesses while celebrating

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

In our community ride-sharing platform, promoting the role of female entrepreneurs is a priority. We recognize the importance of diversity and inclusion in driving innovation and economic growth. Therefore, we are implementing initiatives to support and empower female entrepreneurs within our platform: Mentorship Programs: We are establishing mentorship programs specifically tailored to female entrepreneurs, connecting them with experienced industry professionals who can provide guidance, support, and advice as they navigate the challenges of starting and growing their businesses. Networking Opportunities: We organize networking events and workshops designed to facilitate connections among female entrepreneurs, fostering collaboration, knowledge-sharing, and relationship-building within our community. These events provide a platform for women to exchange ideas, explore partnerships, and access valuable resources. Access to Funding: We are partnering with financial institutions, ventur