Nigeria - Business creation project

Describe your project or startup in a few words

Revolutionizing fresh produce distribution in Nigeria with Rype Agtech: a comprehensive solution leveraging innovative technology for a sustainable food ecosystem.

01.01 Describe your project in more detail

Rype Agtech is a pioneering solution designed to transform the fresh produce distribution landscape in Nigeria. Leveraging advanced technology and strategic partnerships, Rype addresses critical pain points encountered by farmers, distributors, retailers, and consumers. Our platform integrates innovative features such as the Modular Mobile Packinghouse, Storage and Ripening Hub, and ICT Backbone to streamline the entire supply chain process, ensuring the delivery of premium-quality fresh produce from farm to market. By reducing food wastage, improving resource utilization, and enhancing efficiency, Rype promotes sustainability within the Nigerian agricultural sector. Farmers benefit from increased profitability, while distributors and retailers enjoy improved logistics and quality control measures. Ultimately, consumers across Nigeria gain access to fresher, healthier produce, contributing to a more vibrant and sustainable food ecosystem within the country.

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

Rype Agtech aims to address several critical challenges in the Nigerian fresh produce sector. These include post-harvest losses, inefficient distribution networks, and harmful ripening practices. Additionally, there is a lack of transparency and accountability in the supply chain, leading to quality issues and reduced consumer confidence. By integrating advanced technology and innovative solutions, Rype seeks to streamline the supply chain, reduce wastage, improve quality control, and promote sustainability in the agricultural sector. Ultimately, Rype aims to ensure the delivery of premium-quality fresh produce from farm to market, benefiting farmers, distributors, retailers, and consumers alike.

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

Enhanced Efficiency: Rype Agtech streamlines the entire fresh produce supply chain, reducing inefficiencies, and optimizing logistics, resulting in faster delivery times and improved productivity. Improved Quality Control: With Rype, farmers, distributors, and retailers gain access to advanced technologies and quality control measures, ensuring that only premium-quality produce reaches the market, enhancing consumer satisfaction and loyalty. Promotes Sustainability: By reducing post-harvest losses, minimizing wastage, and promoting sustainable farming practices, Rype contributes to a more environmentally friendly and sustainable agricultural sector, aligning with global sustainability goals and enhancing corporate social responsibility efforts.

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

Rype Agtech is aimed at serving multiple stakeholders across the fresh produce supply chain in Nigeria. Our targeted beneficiaries include: 1. HORECAs (Hotels, Restaurants, and Catering Services): These businesses are our primary focus, as they require a consistent supply of high-quality fresh produce at stable prices for their operations. Rype Agtech ensures they receive premium-quality fruits and vegetables, enhancing their service delivery and customer satisfaction. 2. Farmers: Smallholder and commercial farmers who grow fruits and vegetables. We onboard them onto our platform, allowing their produce to be pre-purchased even before harvest. This ensures maximum value for their harvest and provides them with financial security. 3. Distributors and Retailers: Businesses involved in the distribution and retail of fresh produce. We offer them efficient logistics solutions, quality control measures, and access to a reliable supply of premium-quality produce.

01.05 When did you start working on your project?

2024-01-01

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

2

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.)

Eric Nwoko: Eric, the General Manager of Domini Mart Ventures, has about 20 years of extensive experience in food procurement and retail. His deep understanding of the food value chain, coupled with his strategic vision, has been instrumental in driving the company's growth and success. Eric’s expertise in sourcing, logistics, and supply chain management ensures that Domini Mart Ventures consistently delivers high-quality fresh produce to its clients. Chinonso Vincent: Nonso is a skilled business development manager with a strong background in working with startups. While this is his first foray into the agricultural sector, his extensive experience in building and scaling businesses equips him with the skills needed to foster growth and innovation at Domini Mart Ventures. Oyin Asaju: Oyin is a seasoned operations manager with over 12 years of experience in logistics, supply chain management, stakeholder engagements and partnerships within the agricultural sector.

01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:

https://www.figma.com/proto/TkSoz1pHf0HhdcmcooauEj/RYPE-APP?page-id=0%3A1&type=design&node-id=60-1559&viewport=104%2C387%2C0.76&t=1OzdAe74OxQ7lv8w-1&scaling=scale-down&starting-point-node-id=60%3A1559&show-proto-sidebar=1

01.10 Which industry best describes your project?

l) Agriculture

02.01.01 My project contributes to the No poverty goal

5

02.01.02 No poverty - Justification

Rype empowers local farmers by providing better market access, ensuring they receive fair prices for their produce, which helps reduce poverty among rural communities.

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

By improving the distribution of fresh produce and reducing post-harvest losses, Rype directly contributes to food security and ensures access to nutritious food for all.

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

6

02.03.02 Good health and well-being - Justification

Ensuring the availability of fresh, high-quality produce improves dietary intake, which is crucial for good health and well-being, reducing the incidence of diet-related diseases.

02.04.01 My project contributes to the Quality education goal

4

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

4

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

5

02.07.02 Affordable and clean energy - Justification

Our operational needs shall be mainly powered by renewable energy sources

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

Rype creates job opportunities within the agricultural sector, improves the economic status of farmers, and supports the growth of ancillary industries, contributing to overall economic growth.

02.09.01 My project contributes to the Industry innovation and infrastructure

6

02.09.02 Industry innovation and infrastructure - Justification

Rype promotes innovation in the agricultural supply chain with its technological solutions and supports infrastructure development such as modular mobile packinghouses.

02.10.01 My project contributes to the Reduced inequalities goal

6

02.10.02 Reduced inequalities - Justification

By providing market access and fair prices to smallholder farmers, Rype helps reduce economic inequalities between rural and urban areas.

02.11.01 My project contributes to the Sustainable cities and communities goal

5

02.11.02 Sustainable cities and communities - Justification

Rype supports sustainable communities by ensuring food security and promoting local produce, which reduces the need for long-distance food transport.

02.12.01 My project contributes to the Responsible consumption and production goal

6

02.12.02 Responsible consumption and production - Justification

Rype reduces food wastage through efficient supply chain management, promoting responsible consumption and sustainable agricultural practices.

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

6

02.15.02 Life on land - Justification

Rype encourages sustainable farming practices, which can help preserve soil quality and 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

6

02.17.02 Partnerships for the goal - Justification

Rype is built on partnerships with farmers, distributors, and retailers, and collaborates with various stakeholders to achieve 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.

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.

6

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.

5

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.

4

05.08 Justification

Rype's innovative approach to fresh produce distribution sets it apart from existing solutions in the market. While there are traditional supply chains for agricultural products, Rype leverages advanced technology, such as its Modular Mobile Packinghouse and ICT Backbone, to streamline the entire supply chain process, from farm to market. This represents a new type of service, integrating technology into an industry that traditionally relies on manual processes. Additionally, Rype introduces new technologies to the agricultural sector, such as its proprietary Storage and Ripening Hub, which optimizes the preservation and ripening of fresh produce. By combining innovative solutions with existing industry practices, Rype improves upon traditional methods, enhancing efficiency and quality throughout the supply chain. Furthermore, Rype addresses a critical need in the market by providing a comprehensive solution to the challenges faced by farmers, distributors, retailers, and consumers.

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

Rype's main competitors include traditional agricultural supply chains and other tech-enabled platforms such as Vendease and Price Parley. However, Rype stands out with its comprehensive approach, leveraging advanced technology like the Modular Mobile Packinghouse and ICT Backbone. This ensures premium-quality produce delivery, optimized preservation, and reduced post-harvest losses. Moreover, Rype focuses on sustainability, promoting sustainable farming practices and empowering local farmers, setting it apart in the market.

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

Yes, by ensuring to have a female on my executive team