Nigeria - Business creation project

Describe your project or startup in a few words

The project uses organic fertilizers, pesticides and herbicides to reduce carbon footprint from agricultural activities and uses IoT device to quantify greenhouse gases emited with resultant incentivization of farmers from carbon trading proceeds.

01.01 Describe your project in more detail

The project will focus on the development and promoting the use of organic fertilizers, herbicides and pesticides which will not ony reduce reliance on synthetic chemical, minimising emissions, but contribute to healthier soil ecosystem, leading to increased carbon sequestration. Secondly the IoT sensors will be deployed to monitor and quantify greenhouse gas emission in real-time. With the data, farmers will have useful info into their environmental impact, enabling areas for improvement. And finally a carbon trading scheme will be established incentivizing farmers tobreduce their emissions. Farmers who achieve lower emissions through the sustainable practices gets carbon credit rewards, that can be traded for financial benefits. With this incentive in place, there will be more, wider and better adoption of sustainable farming practices. Out project is multifaceted because it combats agricultural carbon emissions and offering sustainable future for farmers and the environment.

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

The project is solving the problem of climate change from agricultural activities by integrating organic agricultural practices with modern technologies to reduce emissions, promote sustainability, and provide economic incentives for farmers to adopt sustainable agricultural practices.

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

The major benefits of this projet is throught he combination of sustainable farming practices, advanced technology and economic incentives creates a comprehensive strategy in combating climate change, while benefiting farmers and the environment.

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

The project is aimed at serving farmers, consumers, the environment, the governemnts and carbon trading platforms through promotion of sustainable agriculture and reducing carbon footprints from agricultural production.

01.05 When did you start working on your project?

2023-12-25

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

5

01.07 Among the other partners, how many are female?

2

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

1. Jagusa Vanessa holds a B.A in History, with experience in data analysis, Administrative assistant. She is very conversant with Microsoft Package, project management and problem solving ability. 2. Grace James holds B. ENG in information and communications engineering with experience in digital marketing, information technology, Grace is blessed with critical thinking, Problem solving. She us a data analyst and a project manager. 3. Mahmud Shamsudeen is a technology enthusiast with experience in Web development, graphics design and a UI/UX designer. He is good at coding, Programming and Deaigns. 4. Samuel Adesola is a student of mehcatronics engineering. He is experienced in teaching, research development and leadership. Samuel is skilled in cloud computing, coding, UI/UX designer, Machine learning and Team Management.

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

6

02.01.02 No poverty - Justification

The project reduces poverty among farmers by boosting their income through participation in carbon trading, reduced production cost, providing access to market, enhancing resilience and capacity building among farming communities.

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

By reducing agricultural carbon footprints and promoting sustainable farming practices, our project aims to promote food security and sustainable agriculture.

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

6

02.03.02 Good health and well-being - Justification

Through the use of organic inputs, food produced are healthier and more nutritious compared to the use of chemical inputs as well loss of other gas from fertilizers produced chemically into thee atmosphere through Nitrification and Ammonification which adds to climate change and affect the environment we live in is reduced due to the adoption and use of organic inputs

02.04.01 My project contributes to the Quality education goal

5

02.04.02 Quality education - Justification

Indulging the farmers in sensitization campaigns and awareness on the effects of climate change caused by the agricultural sector as well the benefits of using organic inputs .

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

Our project seeks to involves every member of the farming community especially the female folk as they are mostly heads of family smallholder farms

02.06.01 My project contributes to the Clean water and sanitation goal

4

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

3

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

Our project supports economic growth as it provides smallholder farmers with robust and diverse ways of earning more income and improving rural economy growth and development as well providing a decent work for our employees and participating farmers as no one will be harrased or made to do what hee/she does not like

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

Integrating IoT devices for monitoring, emitted carbon quantification and leveraging on data from the IoT devices ensured that informed decisions are made which leads to more efficient and effective farming practices which represents a modern approach to traditional farming.

02.10.01 My project contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification

Our project seeks to address all smallholder farmers irrespective of the differences they share as well among nations and countries for a wider reach and giving each and every one equal opportunity to participate in the system

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

The project can help to create Urban-Rural balance dynamics by promoting sustainable rural development, thereby promoting sustainable communities.

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

The project support environmentally responsible production process through the use of organic inputs and with IoT devices deployment for monitoring, efficient utilisation of inputs such as fertilizers are ensured.

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

The project addresses the need for climate change mitigation by quantifying and reducing greenhouse gas emissions using IoT devices and promoting carbon project and practices that reduces carbon footprint contribute to broader climate action goals.

02.14.01 My project contributes to the Life below water goal

4

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

The project ensures that soil health is maintained and biodiversity loss and land degradation is prevented through the use of organic inputs and the promotion of organic practices can help to restore agricultural ecosystems and support biodiversity

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

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

The projects requires collaboration between farmers, government agencies, technology providers and carbon trading platforms, thereby promoting partnerships which are essential for attaining the sustainable development goals

05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

4

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.

5

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

5

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

Few number of customers uses organic products during their production cycle and I think there is none providing service of quantifying greenhouse gases and uses it in carbon trading for the benefit of the farmer. The product we envisioned is not generally a new product but the service of quantifying greenhouse gas and use in carbon trading for farmers benefit. Our Product isn't a new one but the idea in it and execution mode distinguished it from others. Our Project set to offer a new Idea of smallholder farmers earning from carbon trading systems and therefore isn't an extension of any product or service. Our project also is a response to dire need to mitigate climate change using innovative and sustainable ways that will benefit all. Our products especially the organic inputs can be said to be a new version of an old version of other organic inputs even though ours will come in granular forms especially rhe fertilizer and others in liquid forms.

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

Our main potential competitors are indigo agriculture, climate field view, yara international, Soil Capital and Microsoft Farmbeats. What makes us stand out from them is that we capitalise on the tripple-threat approach of combining organically formed inputs with IoT driven emissions monitoring and carbon trading incentivization. Another reason ofbwe setting apart from them is the data driven optimization that provides real time information on greenhouse gas emission so as to make informed decisions. Also our sustainability approach through the use of organically invented inputs as compared to the use of chemicals sets us apart from them, thereby ensuring sustainability practices and friendly environment. And of course our financial incentives from carbon trading makes it easier and palatable for the farmers to adopt sustainable practices and lastly by positioning our selves in terms of leadership and market differentiation in sustainable agriculture by attracting conscious consumers.

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

Yes, I do initiate actions in my community to promote the role of female entrepreneurs in my community by engaging, guiding, advising, patronizing and linking them with opportunities to grab and bring about a change we all aspire in making our society a better place for all to live.