Nigeria - Business creation project

Describe your project or startup in a few words

Farm Fresh is an agricultural business project which primarily deals on production of palm oil, palm kernel oil, Palm Olein and palm kernel cake from palm fruits. This products are of high demand in the food producing industries locally and international.

01.01 Describe your project in more detail

Farm Fresh is an agricultural business project which primarily deals on production and milling of palm oil, palm kernel oil, Palm Olein and palm kernel cake in commercial quantities from palm fruits. This four products gotten from palm fruits are sold or supplied to Food processing companies in large quantities. This companies includes: cooking and vegetable oil company (utilize palm oil,palm kernel oil & palm olein), Animal feed producing company (utilize palm kernel cake), Cosmetics and Soap industry(utilize palm oil derived fats) and Energy industry for biofuel. Farm Fresh is focused on driving positive economy sustainability as a company by been a major producer of this raw materials from palm fruits with less than 2% of waste by-product. While still preserving the green environment by planting thousands of palm fruit on large hectare of land while following a reputable mode of palm fruit harvest to avoid any form of deforestation hence providing jobs to our host community.

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

By planting thousands of palm fruits which is our source of raw materials farm fresh is solving the problem of deforestation which is one of the contributing factor of global warming. This project will be creating lots of job opportunities for the host community. It will boost the nations economy by ensuring that this raw materials are produced in commercial quantities for local industries to cut down on import. It will create more awareness in the future of agriculture as a profession amongst citizens.

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

Farm Fresh produces four vital organic products that are been consumed. 1) Palm oil are used in almost every home on a daily to prepare food ad cooking oil, farm fresh palm oil is 100% organic made and well treated and filtered for healthy consumption. 2) The industry supplies are carefully produced following the industry to be supplied specifications which saves them cost in maintenance. 3) All our products will be scrutinized and certified by the relevant regulatory government agencies to ensure credibility.

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

Farm fresh supply target client includes: Local and international Food Production industries example vegetable & cooking oil industry and Margarine industry. Cosmetics and Soap production industry ( they utilize the special fat extracted from palm oil). Farm Fresh aim at supplying to the local distributors of palm oil at large quantities for the local market sales.

01.05 When did you start working on your project?

2021-03-01

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

1

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.)

Highly skilled with agriculture especially palm fruit plantation Has good knowledge on plam oil production

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?

l) Agriculture

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

Farm Fresh business creation project will help in poverty alleviation in the host community by employing several human labour to work on the palm fruit farm plantation from the planting and harvesting period there by making a substantial income for the individuals (farmers). The farm fresh project production factory which requires 60% human labour will be employed to make an income from this project hence reducing poverty to a minimum within it's environment. Farm fresh project will also patronize local famers who has palm fruit plantation already that are ready for harvest by buying the fruits off from the farmers hence making an income for the sellers/farmers.

02.02.01 My project contributes to the Zero hunger goal

6

02.02.02 Zero hunger - Justification

Palm oil which one of the produced product of farm fresh is a major component used in food preparation here in Nigeria, as a locally produced products it makes it easier and cheaper for the community to access and buy at very cheap rate. It can used to prepare soup, porridge , rice etc solving a percentage of hunger . Also by the job creations the community will also have a means to buy food stuffs.

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

Farm fresh palm oil project contributes Good health and well being as it has been medically proven that the consumption of palm oil promotes the following: Palm Oil helps in improving vision. Palm oil helps in preventing cardiovascular issues. Palm oil helps in reducing the risk of cancer. Palm oil helps in providing naturally soft skin. Palm oil helps to improve hair growth. Palm oil rich In Vitamin K. Palm oil richly loaded with antioxidants.

02.04.01 My project contributes to the Quality education goal

6

02.04.02 Quality education - Justification

During the beginning and end of each production process the individuals involved are opened to wide variety of production knowledge and also an indepth knowledge as how agriculture is a main source of food and income for the survival of mankind.

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

Farm fresh project is a promoter of gender equality. The labour circle ratio is 50:50 both genders so that to every number of men in this project there is also an equal number of women in the production.

02.06.01 My project contributes to the Clean water and sanitation goal

7 - Strongly Agree

02.06.02 Clean water and sanitation - Justification

During production little amount of water ratio is needed to heat or sterilize the fruits. Hence, after production the liquid waste which comprises of the left over water mixed with the chaffs are often used as local Manures in the farm as it contains biodegradable fibre substances. Hence this ensures that no harmful waste water products are ejected to the environment thereby promoting an environmental sanity.

02.07.01 My project contributes to the Affordable and clean energy goal

6

02.07.02 Affordable and clean energy - Justification

During production main energy source comes from heat and to achieve this the palm fruits stalks and chaffs are used to make fire to drive heat for production which produces less amount of CO2 and more of heat for production.

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

Farm fresh oil project produces four vital highly demanded household and industrial products (Palm oil , palm kernel oil, palm kernel cake and palm olein) producing and meeting the supply demands ensures a sustainable economic growth for both the producers and buyer. Farm fresh project offers a good and safe working environment as it's an agricultural project individuals are given job roles that are decent, educative and pays a good amount of income in a very healthy friendly environment.

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

Farm fresh project is keen on modern affordable mechanization of production. This mechanization is used to reduce human stress during production as most of this jobs are undertaken by human operated mechanization. They include having a mechanized oil presser, palm fruit thresher , palm kernel nut cracking machine, palm fruit fiber and nut separator . All of this mentioned machines are produced locally hence promoting sustainable industry innovation.

02.10.01 My project contributes to the Reduced inequalities goal

6

02.10.02 Reduced inequalities - Justification

Farm fresh project is based in Nigeria all our raw materials and equipment are locally sourced here in Nigeria but most of our commercial buyers are sometimes outside of Nigeria so by solving the problem of sellers and buyers it eliminate inequality because both the buyer and the seleer need each other to thrive.

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

Farm Fresh project promotes GREEN LIFE as we plant palm fruit tree campaign. After production there is little to waste products as all forms of by products are reused, example the waste liquid mixture is used as manure, the hard stalks are used to make fire (heat).

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

Before production DEMAND by the market is critically analyzed in order not to over produce and incure loss.

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

Farm fresh while patronize local palm fruit sellers also aim to planting thousands of palm fruit tree for raw materials overtime this plantation will effectively encourage the forest and help in cleaning the ecosystem.

02.14.01 My project contributes to the Life below water goal

4

02.14.02 Life below water - Justification

Farm fresh projecto will be located in the south East and south region of Nigeria which have abundant rain fall hence the utilization of river driven irrigation won't be much needed.

02.15.01 My project contributes to the Life on land goal

7 - Strongly Agree

02.15.02 Life on land - Justification

During this project Life on land will be achieved effectively through the palm tree plantation campaign as our raw materials comes from palm fruit the project will involve massively in planting trees.

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

6

02.16.02 Peace justice and strong institutions - Justification

Farm fresh promotes peace justice and strong institution by patronizing locally palm fruit suppliers and also introducing the knowledge of benefits of agriculture to the host community.

02.17.01 My project contributes to the Partnerships for the goal

6

02.17.02 Partnerships for the goal - Justification

This business project creates an agricultural development opportunity for both individuals and the Government.

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.

6

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

5

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.

6

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

4

05.08 Justification

Farm fresh products takes into key account on customer specifications before production making us to deliver just exactly what a particular client wants in any desired quantity. Example when producing palm kernel oil Customer A might want it densed while customer B would want it lighter so taking into consideration their different needs makes us to be flexible and satisfying our customers while retaining good quality product.

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

My main potential competitors are other local palm oil producer's and the advantage I have over them is my bulk buyers networking and my ability to use modern mechanization for better production rate to meet up orders by my client while retaining good product quality.

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

Yes by lecturing female student on the importance of entrepreneur