Nigeria - Business creation project

Describe your project or startup in a few words

We're a startup company positioned in the tech space to improve learning experiences for students in all category of learning, from primary up to tertiary institution.

01.01 Describe your project in more detail

Edvolab utilizes both hardware and software solutions in teaching students (teenagers and young adults) in the areas of science, technology, engineering and mathematics to give them a hands-on experience making them learn faster and better. Edvolab interfaces students with kits, electronics, robotics and various engineering systems and concepts to improve their learning, get them familiar with computer and industrial age and make them relevant even before they get to be professionals in various fields.

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

Learning engineering and technology in Africa is currently not affordable and available to most of the public, and even when available, only a sect of the top class families can provide the resource for their children to learn these skills. Edvolab gives out an affordable and available solution to learning technology, and engineering no matter where the students might be in Africa.

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

1. The project is meant to teach students in lower to mid level how to effectively get acquainted with the growing technologies in the world. 2. Build career interest in students so they have a better idea what to choose when they are moving into higher institutions or leaving the higher institutions 3. Collaborate with schools in improving the learning speed, capacity and growth of students so that they can have better use of the technologies around them as well produce solutions to the problems of everyday life.

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

The education sector are the targeted beneficiaries, and the students are the target audience. Students are the ones who are still learning different directions towards what they would want to do in the future as well as a career path to take, we're to help guide their decision if they should show interest in these areas.

01.05 When did you start working on your project?

2024-05-01

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

1

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.)

Our partner with Edvolab is skilled in Machine learning with over 3 years of experience training and building models. She's also skilled with engineering design with 3d computer aided design software (solid works) as well as being proficient as a project manager.

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?

Other: Education and Learning

02.01.01 My project contributes to the No poverty goal

5

02.01.02 No poverty - Justification

With the growing interest in STEM, we aim to give guidance to students on what direction to follow when deciding a career and these include modern technologies that the world is driving into such as embedded systems, robotics, hardwares and softwares. Anyone with vast skill in these aspects would likely gain traction in the industry and also job opportunities.

02.02.01 My project contributes to the Zero hunger goal

2

02.02.02 Zero hunger - Justification

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

3

02.03.02 Good health and well-being - Justification

02.04.01 My project contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification

We aim to give students the chance to learn like professionals as well as learn modern technologies in both the science of it and how to apply it.

02.05.01 My project contributes to the Gender equality goal

5

02.05.02 Gender equality - Justification

Everyone gets to partake in becoming a skilled engineer or technologies when exposed to knowledge that would. Improve their skillfulness. Part of the initiatives also aims to give more recognition to females in tech to better boost their confidence in those areas.

02.06.01 My project contributes to the Clean water and sanitation goal

1 - Strongly Disagree

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

1 - Strongly Disagree

02.07.02 Affordable and clean energy - Justification

02.08.01 My project contributes to the Decent work and economic growth

6

02.08.02 Decent work and economic growth - Justification

Learning engineering and technology builds a career path for the students which is a lucrative career path in this 21st century. This would mean better working environment, experience and better economic growth for involved persons and communities.

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

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification

Africa mostly consist of developing countries and they usually don't compare in technological advancement to other developed countries across the globe. This business idea is meant to level the playfield between students across same level worldwide in their access to engineering and tech as well as their understanding of both.

02.11.01 My project contributes to the Sustainable cities and communities goal

4

02.11.02 Sustainable cities and communities - Justification

02.12.01 My project contributes to the Responsible consumption and production goal

2

02.12.02 Responsible consumption and production - Justification

02.13.01 My project contributes to the Climate action goal

2

02.13.02 Climate action - Justification

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

1 - Strongly Disagree

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

6

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.

3

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.

5

05.04 The product/service we envision creating is an improvement on an existing product or service.

6

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.

5

05.08 Justification

The project uniqueness comes from the lack of similar solutions in the nation, having only very few countries in other continents employing such. In Nigeria, not many uses hardware solutions and electronics in teaching students how to be proficient and knowledgeable in STEM fields.

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

This business ideas doesn't have any competition in Nigeria as most of the education technology startups or companies focuses on software solutions in teaching students online or in person. We focus on hands-on experience combining both hardware and software in training students across STEM fields.

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

Yes, providing internship specifically for females in tech and engineering.