Nigeria - Business creation project

Describe your project or startup in a few words

Sacons farm is an agricultural based project, aimed not only at improving the quality of food consumed by people but also empowering and creating job opportunities. It is also targeted at offering farm produce at consumer friendly prices.

01.01 Describe your project in more detail

Sacons Farm is an agricultural project aimed at producing farm produce at cheap and affordable rates whilst maintaining good quality. It will be operating in Gboko Local Government Area of Benue State, Nigeria. One of the many reasons that influenced the choice of location is predominantly on easy accessibility and fertility of their land, cost of production as things are relatively cheap in this region of the country, there by basking it the name “Food Basket of the Nation” and also to create a means of employment in the region as the unemployment rate is on the high side. Sacons Farms aims to plant, grow and harvest Rice, Yam, Cassava, Soya beans, Groundnut,Tomatoes and fresh pepper. The cost of these food crops enlisted are quite expensive across Nigeria which is usually affected by economic and seasonal factors and are also in high demand. This is where Sacons Farm steps in to breach in the gap between farmers and the consumers, as we intend to employ cheaper means of production.

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

The main problem Sacons Farm is trying to solve are lowering the cost of food production, improving the quality of food crops consumed by people, creating employment opportunities and generally improving the standard of living of the natives of Benue State which would further improve and encourage education amongst the people. Sacons Farms also projects to breach the gap of food scarcity in Nigeria especially for seasonal crops such as Tomatoes and also increasing the quantity of food crops available in the market across the 36 States of Nigeria by farming large volumes of food crops and ensuring an efficient means of transportation. Furthermore, this project is aimed at reducing food wastage by providing proper and quality storage facilities to preserve the quality of farm produce.

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 benefit of using the product my project intends to provide are : 1. Provision of quality food crops at an affordable rate. 2. Creating job opportunities for unemployed youths in Benue State. 3. Improving the Standard of living across Benue State by creating job opportunities. 4. Making food more accessible to the consumers by creating effective transportation mechanisms. 5. Reducing the level of food scarcity by producing large volumes of food crops, and enduring proper storage facilities are used to store them, thereby preserving their quality and reduce food wastage.

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

My project is targeted at serving the consumers of food crops across Nigeria by providing quality and affordable food crops. And also, It’s targeted at improving the quality of living of the natives of Benue State especially the youths.

01.05 When did you start working on your project?

2023-09-01

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.)

The first partner is a Anyor gabriel terkimbi. A native of Gboko living at 12 st paul str gboko east benue state. He graduated from Benue state uni. Makurdi with a Bsc psychology and is currently working as a Farmer. The second partner is Ms. Ozioma Chinedu, she hails from Chokoneze Ezinihitte Mbaise, Imo State and is a graduate of Veritas University Abuja. She is currently a staff at First Bank Nigeria, she has worked in several other cooperations such as Union bank, was an audit at Adeya Farms located in Sokoto, where she served during her Nysc in the year 2018 and came out as the corp member of the year.

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?

b) Materials (agriculture, fishing, chemical products, construction materials, containers and packaging, metals and mining, paper and forest products)

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

My start up project can contribute to this goal by creating massive employment for not only the natives of Gboko LGA in Benue State but also a Roos Benue state as a whole and as well as in other state by employing labourers, agricultural engineers, drivers and marketers across the country.

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

Sacons farms can contribute to this goal by producing food crops such as rice, yam, soya beans, cassava etc in large volumes which will be stored in proper and quality storage facilities to reduce the volume of food wastage.

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

There’s a saying that says, you’re what you eat. Sacons Farms major priority is to ensure production of quality food crops under surpervised hygienic environment which would be stored in proper storage facilities to avoid spoilage and preserving the quality of the food crops.

02.04.01 My project contributes to the Quality education goal

6

02.04.02 Quality education - Justification

It will contribute immensely to this goal by improving the windows of opportunities for education especially amongst the youth by creating work opportunities for people as they now have better living opportunities to afford education.

02.05.01 My project contributes to the Gender equality goal

5

02.05.02 Gender equality - Justification

It will create work opportunities for both men and women alike.

02.06.01 My project contributes to the Clean water and sanitation goal

6

02.06.02 Clean water and sanitation - Justification

My project would contribute immensely to the goal as it will encourage a hygienic work environment.

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

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification

It would contribute immensely as it would boost the work opportunities within not just Benue State but the country as a whole, further improving the standard of living asa workers would be paid decent pay wages. To further buttress the fact that it’s aimed at providing quality farm produce at affordable prices.

02.09.01 My project contributes to the Industry innovation and infrastructure

5

02.09.02 Industry innovation and infrastructure - Justification

This would be achieved by creating more avenues to proper food storage facilities thereby solving the ages long problem of food wastage.

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

My start up will contribute to this goal by providing the cities with affordable food products from the rural area at affordable prices.

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

This would be achieved by making good produce available for the consumers at affordable prices and the cost of production reduced by employing local and crude methods of farming to reduce the cost of production.

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

Traditional and crude methods of farming will be employed as the major means of farm work, thereby reducing the emission of harmful gases and also preventing food spoilage by employing the use of adequate storage facilities.

02.14.01 My project contributes to the Life below water goal

6

02.14.02 Life below water - Justification

It would impact on life below water as it would reduce the intake of processed foods due the the increase in availability of food crops. There by reducing the quantities of chemicals and wastage deposited in the sea, and also the level of food wastage will reduced significantly due the adequate storage systems which inversely reduced the quantity of food wastes dumped in water bodies.

02.15.01 My project contributes to the Life on land goal

7 - Strongly Agree

02.15.02 Life on land - Justification

It would contribute immensely to life on land, as traditional and crude methods of farming will be employed as the means of carrying out the farm work, Thereby reducing the rate of pollution and industrialization.

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

My start up would contribute to this idea by actively engaging the natives especially the youths by creating job opportunities, thereby reducing the rate of unemployment and idleness of which are major factors that contribute to crisis in the community and also by financially empowerment.

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

My project contributes to this goal as I would partner with different individuals and industries to achieve my goal for instance, the transportation companies, agricultural engineers, food scientists and do many other industries

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.

4

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.

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.

7 - Strongly Agree

05.08 Justification

My project idea is unique and innovative in the sense that it provided a new take on agriculture where consumers can have access to quality farm produce at an affordable price and very much readily available for purchase across all seasons.

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

My main potential competitors are big farm corporate giants striving in the country, what would make me stand out from them world be the freshness of my farm products, the quality, means of production, cost of the farm produce and most importantly their accessibility.

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

By employing them to work in the farms. For example, the females help to sell the farm produce in the market places and processing if the the harvested crops.