Nigeria - Business creation project

Describe your project or startup in a few words

We empower individuals and communities to thrive by swiftly delivering their essential needs through efficient e-commerce and logistics powered by sustainable energy. We are saving time and the world, one sustainable delivery at a time.

01.01 Describe your project in more detail

Time and energy consumption are crucial factors that impact productivity and quality of life. Omarvo is a beacon of efficiency and sustainability, transforming how individuals and small businesses interact with their immediate needs. With a central commitment to saving time and driving sustainability, our project is keen on providing an efficient ecommerce platform, errand and logistics solution powered by sustainable energy that will streamline the process of performing, ordering and delivering essential goods and services. Whether it is a professional who needs a quick lunch, a small business owner who needs to deliver an order or a student who needs fresh ingredients to prepare dinner, we are ensuring that every need is met swiftly and sustainably. Through our project, we are pioneering a new standard of responsible commerce, envisioning a future where time is valued, businesses flourish, and our planet thrives, one sustainable delivery at a time.

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

Our project aims to resolve the operational inefficiencies and environmental impact that is characteristic of traditional ecommerce and logistics. By leveraging sustainable and efficient practices, we ensure swift delivery of essential needs thereby saving time, empowering small businesses and reducing carbon emissions. Our approach will not only boost productivity for individuals and entrepreneurs, but also create a more sustainable future for the industry.

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

Efficient Delivery: Swift and reliable delivery of essential needs and services, saving time and boosting productivity for individuals and businesses. Environmental Sustainability: Reduction of carbon emissions and environmental impact through sustainable energy and eco-friendly practices. Empowerment of Small Businesses: Efficient ecommerce and logistics solutions that enable small businesses to compete effectively and grow. Job Creation: A profitable ecosystem that will create employment, reducing the poverty gap and improving livelihood and wellbeing

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

This project will serve: 1. Consumers who want their essential needs and services met swiftly 2. Small businesses who need a platform to sell and logistics to deliver their products 3. Communities like campuses, estates and districts who lack intra-communal delivery system

01.05 When did you start working on your project?

2024-05-08

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

2

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.)

Prince is a visionary African thinker, entrepreneur and change-maker with expertise in brand communications, project and product management and advocacy spanning eight years. He led the empowerment of students in Akwa Ibom with grants and skills to succeed in entrepreneurship and is a vocal advocate of the AfCFTA Agreement. Godshield is a software engineer with over five years experience. He has completed several projects and contributed to many startups. Jacob is a young entrepreneur, livestock farmer and real estate investor who believes in the power of partnerships in creating and deploying innovative solutions for the betterment of the world.

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?

c) Industry (equipment, commercial, logistical and professional services, transport)

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

By empowering small businesses with an efficient ecommerce platform and logistics, Omarvo is creating economic opportunities, reducing economic vulnerability and improving access to sustainable livelihoods, contributing to the No Poverty Goal of the Sustainable Development Goals.

02.02.01 My project contributes to the Zero hunger goal

5

02.02.02 Zero hunger - Justification

Our commitment to an efficient, sustainable ecommerce and logistics practices will greatly improve access to and delivery of essential food items to communities, reducing food waste, improving incomes while posing no threat to the environment which is crucial to long-term food security.

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

4

02.03.02 Good health and well-being - Justification

02.04.01 My project contributes to the Quality education goal

2

02.04.02 Quality education - Justification

02.05.01 My project contributes to the Gender equality goal

4

02.05.02 Gender equality - Justification

02.06.01 My project contributes to the Clean water and sanitation goal

2

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

Omarvo’s ecosystem is powered by sustainable energy which will promote and encourage the adoption of renewable energy sources in the value chain contributing to the global increase of clean energy in the global energy market.

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

Our project operates in a multi-layered value chain that can only keep expanding, improving access to markets, propelling job creation, upskilling and fostering entrepreneurial capabilities. Combined with our sustainable approach, we are ensuring ethical practices in the industry, improving working conditions and contributing to decent work environments.

02.09.01 My project contributes to the Industry innovation and infrastructure

6

02.09.02 Industry innovation and infrastructure - Justification

02.10.01 My project contributes to the Reduced inequalities goal

3

02.10.02 Reduced inequalities - Justification

02.11.01 My project contributes to the Sustainable cities and communities goal

6

02.11.02 Sustainable cities and communities - Justification

By deploying efficient and sustainable logistics practices, we are reducing the number of emissions from vehicles, traffic congestion and improving air quality in communities. Our project also promotes the adoption of sustainable means of transportation for commuting and delivery which will drive awareness and advocacy for the development of resilient and sustainable infrastructures.

02.12.01 My project contributes to the Responsible consumption and production goal

5

02.12.02 Responsible consumption and production - Justification

Omarvo is committed to educating, engaging and inspiring ethical and sustainable approach to consumption and production through the impact of our service delivery to various stakeholders in the value chain.

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

At the heart of our project is the use and implementation of sustainable practices made evident in our use of renewable energy powered vehicles and materials for our deliveries and packaging which significantly reduces carbon footprint and promotes a sustainable living

02.14.01 My project contributes to the Life below water goal

2

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

2

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

2

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.

6

05.02 The product/service we envision creating represents an entirely new type of product/service.

5

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

4

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.

6

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

3

05.08 Justification

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

Omarvo differs from platforms like Jumia and Glovo on these three fronts: 1. Focus on Sustainability: We are powering our ecommerce and logistics operations with sustainable energy through the use of electric bikes and eco-friendly packaging which will contribute to the reduction of carbon emissions and towards a sustainable future. 2. Empowerment of Small Businesses: We are keen on helping small businesses grow and thrive by providing them with an efficient ecommerce platform where they can sell and a reliable logistics system to deliver their products, helping them focus on creating more value and meeting customer needs. 3. Customer Satisfaction: We are deploying quality ranking and location sensitive algorithms to ensure that users get access to quality products and services around them enabling deliveries to get to them in record time.

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

In 2022, I executed a skill and empowerment program for students in Akwa Ibom State which directly empowered five students, four of which were female to thrive in their businesses. From 2018 to 2021