Nigeria - Business creation project

Describe your project or startup in a few words

A revolutionary app powered by an AI to automate all your transactions from Subscriptions to Payrolls and more!

01.01 Describe your project in more detail

Clay Cave ai connects to all your subscriptions account and payroll list and help you automatically make payments or handle transactions. All you do is connect your Subscription accounts(e.g Data, Apple Music, Spotify, Tech Edu e.t.c), upload payroll list and other features and Fund you Cave account and clay will help you automate these transactions. Clay also help you hold your transactions on the air till you receive your items from a seller to avoid getting scammed by a seller you find online .(Escrow feature)

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

Clay Cave will be a third party payment service (powered by ai) to automate making payment for all services seamless and also this will be possible by partnering with these services providers and also will be integrated by business owners to automate their transactions/ Subscription and also help reduce scam online with our Escrow feature.

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. You Don’t have to border about making a transaction when you’re busy with other thing, Clay will automate these services for you 2. Clay Cave help you automate payroll in your company or businesses so your employees don’t have to worry about not getting their pay on time. 3. Clay with its Escrow feature will save you from scammers online that tend to collect money from a buyer without delivering, Clay will help hold your transaction till you receive your item from a vendor you meet online.

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

We target majorly everyone, especially Companies, small business owners and Individuals who shop online.

01.05 When did you start working on your project?

2024-01-06

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.)

Business Development Management.

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

@dcess_officials

01.10 Which industry best describes your project?

g) Financial services

02.01.01 My project contributes to the No poverty goal

6

02.01.02 No poverty - Justification

6

02.02.01 My project contributes to the Zero hunger goal

4

02.02.02 Zero hunger - Justification

5

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

5

02.03.02 Good health and well-being - Justification

6

02.04.01 My project contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification

7

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

7

02.06.01 My project contributes to the Clean water and sanitation goal

2

02.06.02 Clean water and sanitation - Justification

5

02.07.01 My project contributes to the Affordable and clean energy goal

3

02.07.02 Affordable and clean energy - Justification

5

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

7

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

7

02.10.01 My project contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification

7

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

7

02.12.01 My project contributes to the Responsible consumption and production goal

4

02.12.02 Responsible consumption and production - Justification

7

02.13.01 My project contributes to the Climate action goal

4

02.13.02 Climate action - Justification

5

02.14.01 My project contributes to the Life below water goal

5

02.14.02 Life below water - Justification

5

02.15.01 My project contributes to the Life on land goal

5

02.15.02 Life on land - Justification

5

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

5

02.16.02 Peace justice and strong institutions - Justification

5

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

7

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.

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.

1 - Strongly Disagree

05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.

4

05.07 The product/service we envision creating is a new version of an old product/service.

7 - Strongly Agree

05.08 Justification

With Clay Cave we can innovate the fintech industry with the revolutionary technology called AI. To help assist with financial development.

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

Paystack is a potential competitor because they’re in business already with the feature of adding api for small businesses to accept payment and clay also has it as part of our features. But we present a better feature to help everyone including small businesses

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

I have a tech academy that trains young and old on various tech skills