Nigeria - Business creation project

Describe your project or startup in a few words

The project is a foundation that helps the poor gain access to medical supplements without worrying about the cost of buying

01.01 Describe your project in more detail

Good evening, My name is Olumodeji micheal, based on ikotun Lagos state, I am 28years old and not married My project basically is to help orphans get the right medical treatment needed especially those battling with some certain illnesses through the use of supplements with I am a registered franchisee owner The purpose of this project is to get investors to invest so that the orphans won’t have a barrier of getting the products needed for themselves I believe this project will help save a lot of lives especially in our country today that hospitals are not well equipped with treatments needed for the patients I have made contacts with the supplement organization and we’ve come to an agreement of partnership for easy access to the products and getting it at a Favourable cost I will really appreciate if this request is being accepted so as to save lives that can’t afford medical treatments for themselves especially the orphans

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

The main purpose of this project is to make the world a healthier and happier place to live in We all know or believe our health is our greatest wealth and asset, the health sector has really being neglected in our country and this is a major reason why we have high rate of death in our country I believe if there is enough people to invest in the health sector especially allocation of treatment (drugs), death rates will reduce A lot of people die from late detection of cancerous cells growing in their system, little did they know that there are some supplements that can help reduce or stop the growth of those cells and why most fall victim is because there is no proper medical treatment available or accessible for them The main problem I’m trying to solve is for people to have access to free drugs and medications

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

Supplements can provide various benefits, including: 1. Filling nutritional gaps: Ensuring adequate intake of essential vitamins and minerals. 2. Boosting energy and endurance: Supporting physical performance and mental clarity. 3. Supporting immune function: Enhancing the body's natural defense against infections. 4. Promoting healthy weight management: Aiding in weight loss or gain, as needed. 5. Improving mental health: Reducing stress, anxiety, and depression symptoms. 6. Enhancing cognitive function: Supporting focus, memory, and concentration. 7. Supporting bone health: Maintaining strong bones and preventing osteoporosis. 8. Reducing inflammation: Alleviating chronic pain and inflammation. 9. Improving skin health: Enhancing skin texture, tone, and appearance. 10. Supporting eye health: Protecting vision and preventing age-related macular degeneration. Some popular supplements include: 1. Multivitamins 2. Protein powder 3. Vitamin D 4. Omega-3 fatty acids 5. Probiotics

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

The aim and targeted beneficiaries are old people and the orphans because we’ve made a feasibility survey of one of the major problems this set of individuals go through with is finance and healthcare The project is just designed to help people that are not privileged to access such things for themselves

01.05 When did you start working on your project?

2023-11-11

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.)

1) John chiagoziem Joy is a strong partner that loves helping children basically, a person I’ve known for over 8years now, she’s 24years old, currently works in a bank She has been a major contributor to this project pending the soliciting for investors to carrying on the project 2) Ogundele Samuel shina is also a prominent member of the project

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?

f) Healthcare (healthcare equipment and services)

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

Strongly agree = 7 My setup will contribute to this goal because healthcare is a major consumer of finance especially if not detected early such as cancers, so the funds that should be used for this will be kept to do other things for themselves and this is how the economy grows We also provide avenues to run a free full body general check ups for early detection of any diseases present in the system and also providing solutions because it is mandatory to provide a solution after detecting a problem

02.02.01 My project contributes to the Zero hunger goal

5

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

Yes my project will contribute to good health and well being because our major goal and aim is to make the world a healthier and happier place

02.04.01 My project contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification

Yes our project will contribute to quality education in the sense that we run health seminars and presentations to organizations such as banks, companies and churches, basically where people are gathered to give them proper knowledge about their daily dieting and lifestyle The importance of eating healthy, the danger of not exercising and so on

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

Yes our project has equal gender benefits and there is no room for discrimination of any gender and we don’t have a targeted gender that will benefit majorly in this project It’s basically for all that is interested to benefit from it

02.06.01 My project contributes to the Clean water and sanitation goal

7 - Strongly Agree

02.06.02 Clean water and sanitation - Justification

Yes our project contributes to clean water and sanitation because it is part of the knowledge that will be passed to participants

02.07.01 My project contributes to the Affordable and clean energy goal

4

02.07.02 Affordable and clean energy - Justification

02.08.01 My project contributes to the Decent work and economic growth

4

02.08.02 Decent work and economic growth - Justification

02.09.01 My project contributes to the Industry innovation and infrastructure

4

02.09.02 Industry innovation and infrastructure - Justification

02.10.01 My project contributes to the Reduced inequalities goal

4

02.10.02 Reduced inequalities - Justification

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

Yes it contributes to sustainable cities and communities goal

02.12.01 My project contributes to the Responsible consumption and production goal

4

02.12.02 Responsible consumption and production - Justification

02.13.01 My project contributes to the Climate action goal

4

02.13.02 Climate action - Justification

02.14.01 My project contributes to the Life below water goal

3

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

7 - Strongly Agree

02.15.02 Life on land - Justification

Yes the project contributes to life on land so as to maintain a healthy standard of living

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

4

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

4

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.

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.

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.

5

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

7 - Strongly Agree

05.08 Justification

There is a very large volume of customers already involved in the product our project will be recommending or working with And it is a product backed up by SCIENTIFIC ADVISORY BOARD (SAB) and other bodies ensuring the safety of the products for consumption

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

There are few competitors but what made me stand out is I’m doing this to help the less privileged while they’re doing theirs for business purposes

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

Yes I always advise majorly females to build a sustainable connections plus doing something for themselves due to the current situation of the country And I’ve introduced few lucrative business to few of them