Nigeria - Business creation project

Describe your project or startup in a few words

Aquasmart is a technology driven Aquaculture solution which provide climate smart Aquaculture efficiency to boost the production and productivity of fishes for food security and for the love of people,profit and planet .

01.01 Describe your project in more detail

Aqualife ifarms is an Aquaculture innovation farms ,a startup company that leverage techniques and Technology to reshape the future of Aquaculture for food security and for the love of people ,profit and planet . Our solutions offers an aquaculture management system that integrates sensors, controllers, and a cloud-based platform. Our solution enables real-time monitoring of water quality parameters, feeding systems, and environmental conditions. Users can access the data and control the system through their mobile app. We prioritize community engagement by collaborating with local stakeholders, including farmers, cooperatives, and government agencies. Through training programs, we have empowered 30 local farmers with sustainable aquaculture techniques, helping them enhance their livelihoods and contribute to the local economy

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

The problem with Nigeria Aquaculture are as follows . 1. Unsustainable exploration of fishes in the ocean . 2. Low productivity due to fish diseases and moralities 3. Climate change affecting Aquaculture . 4. Low market visibility leading to post harvest loses 5. High importation of frozen fishes leading to health disease conditions .

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

Aquasmart solution provide for smallholder farmers 1. Market Access 2. Real time monitoring with actionable data 3. Automation of the whole Aquaculture process .

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

The target beneficiary of Aquasmart solution are the 2.5 million Aqua smallholder farmers having less than 5 ponds within Nigeria together with youth and women across Aquaculture value chain and individual household consumers of fishes.

01.05 When did you start working on your project?

2022-02-16

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

6

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. Sufyan Binyamin the CEO , plant scientist and Aqua Enterprenur. 2. Mubarak Aminu the COO , Business analyst and project manager . 3. Kamal Aliyu CTO , AI and IoT Engr 4. Fatimah Binyamin CMO , Computer scientist and digital marketer . 5. Ibrahim Abdulrazaq CSO , vet doctor . 6. Zainab Abdulrafiu , CFO , Accountant .

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

https://aqualifeifarms.com.ng https://www.facebook.com/aqualifeifarms?mibextid=ZbWKwL

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

6

02.01.02 No poverty - Justification

Aquasmart provide job opportunities thereby ensuring no poverty .

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

Aquasmart ensure zero hunger by providing food security .

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

Aquasmart ensure well being through good nutrition .

02.04.01 My project contributes to the Quality education goal

2

02.04.02 Quality education - Justification

Aquasmart contribute to localities education

02.05.01 My project contributes to the Gender equality goal

6

02.05.02 Gender equality - Justification

Aquasmart help and empower women

02.06.01 My project contributes to the Clean water and sanitation goal

4

02.06.02 Clean water and sanitation - Justification

Aquasmart ensure water reusing

02.07.01 My project contributes to the Affordable and clean energy goal

4

02.07.02 Affordable and clean energy - Justification

Sustainable solar powered system is Aquasmart

02.08.01 My project contributes to the Decent work and economic growth

4

02.08.02 Decent work and economic growth - Justification

The project ensure job opportunities

02.09.01 My project contributes to the Industry innovation and infrastructure

3

02.09.02 Industry innovation and infrastructure - Justification

The project ensure innovation

02.10.01 My project contributes to the Reduced inequalities goal

4

02.10.02 Reduced inequalities - Justification

The project ensure empowering and lifting many out of poverty

02.11.01 My project contributes to the Sustainable cities and communities goal

5

02.11.02 Sustainable cities and communities - Justification

The project ensure smooth and easy Acess to market

02.12.01 My project contributes to the Responsible consumption and production goal

5

02.12.02 Responsible consumption and production - Justification

The project ensure food production in sustainable manner

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

Aquasmart aim to provide climate change adaptation and mitigation .

02.14.01 My project contributes to the Life below water goal

7 - Strongly Agree

02.14.02 Life below water - Justification

Aquasmart aim to protect life below water

02.15.01 My project contributes to the Life on land goal

7 - Strongly Agree

02.15.02 Life on land - Justification

Aquasmart aim to protect life on land

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

4

02.16.02 Peace justice and strong institutions - Justification

Aquasmart ensure people peace and progress with planet prosperity

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

Aquasmart ensure collective collaboration over competition

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

2

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.

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

Aquasmart is a novel innovation that aims to transform the future of Aquaculture for food security and for the love of people and planet .

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

Aquasmart is an integrated automated system , it's integrate all solution that ensures seemless and smooth and easy Aquaculture production while others provide specify solution for a problem we provide integrated solution like real time monitoring ,automated process and market place .

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

Yes sure , we educate and advocate for female inclusiveness .