Nigeria - Business creation project

Describe your project or startup in a few words

The Energy Box is an energy conservation system setup to tackle energy wastage and power control from the consumer level. The solution includes, realtime power monitoring and control, automatic changeover of energy sources with or without phones

01.01 Describe your project in more detail

In Africa, there's a loud campaign for renewable energy. However, the major issue isn't the need for renewable energy. The major issue is energy management, the usage culture. The average African will rather leave the outside bulb of the house turned on just to be able to tell if there's power when he's returning from work thereby wasting energy. The energy box introduces a hardware and software solution to tackle this energy management problem. The solution features the following capabilities; Real-time Power availability and Consumption monitoring Power Control Automatic changeover of energy sources Timer based control All of these can be done manually, via a GSM phone and also a smartphone giving an ease of use. This means that the local woman will be able to find out of power is available in her own to make proper decisions and to control the electrical appliances in her home. The businessman can as well choose to switch to solar energy or even time-control his appliances

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

The main problem to be solved here is Energy Wastage In Nigeria alone, 25% of energy is wasted at transmission stage before it gets to the homes. Consumers also eventually waste the energy that eventually gets to their houses by using too many appliances unnecessarily at a time.

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

Real-time Power Availability and Consumption Monitoring: This system enables every user to find out in real-time whether there's power in the home. This feature is important for countries that lack power stability like Nigeria and the present Ghana. This feature will enable the consumer

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

The project is aimed at serving every African who has access to electricity If this serves the population with electricity properly, we'd have more energy to others with no access to electricity

01.05 When did you start working on your project?

2024-05-03

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.)

Both partners are undergraduates

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

https://www.linkedin.com/in/samuelmuoleeh?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

01.10 Which industry best describes your project?

a) Energy (equipment, services, sustainable energy and fuel)

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

This project will provide a chain of employment, we'd have cross country marketers, technologists who will help to install these systems in homes of consumers and provide post-sale services such as in cases where repair is needed, sales rep across offices in countries to attend to the consumers

02.02.01 My project contributes to the Zero hunger goal

6

02.02.02 Zero hunger - Justification

Not really a strong area of the project

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

2

02.03.02 Good health and well-being - Justification

Here, hospitals and clinics will be able to properly their power. This system will also enable Internet of Things based healthcare systems to thrive

02.04.01 My project contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification

Having more energy to use collectively as a nation, it'd enable the availability of power to academic institutions

02.05.01 My project contributes to the Gender equality goal

4

02.05.02 Gender equality - Justification

Not really a strong area of the project

02.06.01 My project contributes to the Clean water and sanitation goal

4

02.06.02 Clean water and sanitation - Justification

Not really

02.07.01 My project contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

Not really a strong area of the project

02.08.01 My project contributes to the Decent work and economic growth

4

02.08.02 Decent work and economic growth - Justification

Not really a strong area of the project

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

This is a distinctive approach to the energy situation in Africa. It is no doubt a viable infrastructure

02.10.01 My project contributes to the Reduced inequalities goal

3

02.10.02 Reduced inequalities - Justification

None

02.11.01 My project contributes to the Sustainable cities and communities goal

5

02.11.02 Sustainable cities and communities - Justification

Not really a strong area of the project

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

With the Energy box, energy wastage will be reduced to the nearest minimum, this aiding responsible consumption and production

02.13.01 My project contributes to the Climate action goal

4

02.13.02 Climate action - Justification

Not really a strong area of the project

02.14.01 My project contributes to the Life below water goal

2

02.14.02 Life below water - Justification

Not really a strong area of the project

02.15.01 My project contributes to the Life on land goal

4

02.15.02 Life on land - Justification

Not really a strong area of the project

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

3

02.16.02 Peace justice and strong institutions - Justification

Not really a strong area of the project

02.17.01 My project contributes to the Partnerships for the goal

4

02.17.02 Partnerships for the goal - Justification

Partnerships will be formed with local agents, technicians and technologists in African countries to enable the distribution of this product

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

1 - Strongly Disagree

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.

4

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

4

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.

1 - Strongly Disagree

05.08 Justification

While there have products that cater for one of the features of this solution, this solution combines multiple functions to solve multiple needs

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

Local embedded systems development firms

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

I've been teaching female undergraduates CAD/CAM, embedded systems skills to promote engineering entrepreneurship amongst females