Nigeria - Business creation project

Describe your project or startup in a few words

Ina Vibe - a revolutionary clean cooking, charging, and lighting solution designed to address critical energy needs in Nigeria.

01.01 Describe your project in more detail

Ina Vibe by Team Dunamis (Nigeria) A sustainable cooking, charging, and lighting product. Ina Vibe is a solar-powered, insulated electric burner with a battery pack for charging and lighting. This enables you to cook, power, and light in a way that is sustainable, environmentally beneficial, and healthful.

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

Problem Statement Energy poverty in Nigeria has resulted in unsustainable and unhealthy cooking and lighting practices. Statistics: 90 million Nigerians lack access to grid electricity. 180 million Nigerians do not have access to clean cooking products. (Source: World Bank)

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

Major Benefits of Using Ina Vibe 1. Comprehensive Energy Solution: Ina Vibe offers an all-in-one solution for clean cooking, charging, and lighting, addressing multiple energy needs with a single product. This integration simplifies the lives of users, particularly in energy-poor regions. 2. Health and Environmental Benefits: By utilizing solar energy and energy-efficient technology, Ina Vibe significantly reduces harmful emissions from traditional kerosene and charcoal stoves. This helps improve respiratory health and reduces environmental pollution. 3. Cost Savings: Ina Vibe provides a cost-effective alternative to expensive and unreliable grid electricity and fuel-based energy sources. Users can save money on fuel and electricity costs, allowing them to allocate their resources more efficiently.

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

Target Market 60% - Street Food Vendors & Restaurants 40% - Households/Homes/Individuals

01.05 When did you start working on your project?

2022-05-20

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.)

1. Anastacia Amadi - CFO Bsc. Banking & Finance(Rivers State University) Experience: CEO, Optasia(A fashion and lifestyle brand) 2. Obasogie Osasumwen - CTO Bsc. Mechanical Engineering(Landmark University) Experience: Product designer and Technologist at Hult Prize International)

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

https://dunamis-cognitio.wixsite.com/theinalite

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

Ina Vibe aims to reduce Energy poverty, which is a form of poverty that currently affects 90 million Nigerians who lack access to grid electricity.

02.02.01 My project contributes to the Zero hunger goal

1 - Strongly Disagree

02.02.02 Zero hunger - Justification

Not Applicable

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

4

02.03.02 Good health and well-being - Justification

By utilizing solar energy and energy-efficient technology, Ina Vibe significantly reduces harmful emissions from traditional kerosene and charcoal stoves. This helps improve respiratory health and reduces environmental pollution.

02.04.01 My project contributes to the Quality education goal

1 - Strongly Disagree

02.04.02 Quality education - Justification

Not Applicable

02.05.01 My project contributes to the Gender equality goal

1 - Strongly Disagree

02.05.02 Gender equality - Justification

Not Applicable

02.06.01 My project contributes to the Clean water and sanitation goal

1 - Strongly Disagree

02.06.02 Clean water and sanitation - Justification

Not Applicable

02.07.01 My project contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

Ina Vibe offers an all-in-one solution for clean cooking, charging, and lighting driven by solar electricity, addressing multiple energy needs with a single product. This integration simplifies the lives of users, particularly in energy-poor regions of Nigeria

02.08.01 My project contributes to the Decent work and economic growth

1 - Strongly Disagree

02.08.02 Decent work and economic growth - Justification

Not Applicable

02.09.01 My project contributes to the Industry innovation and infrastructure

1 - Strongly Disagree

02.09.02 Industry innovation and infrastructure - Justification

Ina Vibe offers an all-in-one solution for clean cooking, charging, and lighting, addressing multiple energy needs with a single product. This integration simplifies the lives of users, particularly in energy-poor regions.

02.10.01 My project contributes to the Reduced inequalities goal

1 - Strongly Disagree

02.10.02 Reduced inequalities - Justification

Ina Vibe offers an all-in-one solution for clean cooking, charging, and lighting, addressing multiple energy needs with a single product. This integration simplifies the lives of users, particularly in energy-poor regions.

02.11.01 My project contributes to the Sustainable cities and communities goal

1 - Strongly Disagree

02.11.02 Sustainable cities and communities - Justification

Ina Vibe offers an all-in-one solution for clean cooking, charging, and lighting, addressing multiple energy needs with a single product. This integration simplifies the lives of users, particularly in energy-poor regions.

02.12.01 My project contributes to the Responsible consumption and production goal

1 - Strongly Disagree

02.12.02 Responsible consumption and production - Justification

Ina Vibe offers an all-in-one solution for clean cooking, charging, and lighting, addressing multiple energy needs with a single product. This integration simplifies the lives of users, particularly in energy-poor regions.

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

By utilizing solar energy and energy-efficient technology, Ina Vibe significantly reduces harmful emissions from traditional kerosene and charcoal stoves. This helps improve respiratory health and reduces environmental pollution.

02.14.01 My project contributes to the Life below water goal

1 - Strongly Disagree

02.14.02 Life below water - Justification

Not Applicable

02.15.01 My project contributes to the Life on land goal

1 - Strongly Disagree

02.15.02 Life on land - Justification

Not Applicable

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

1 - Strongly Disagree

02.16.02 Peace justice and strong institutions - Justification

Not Applicable

02.17.01 My project contributes to the Partnerships for the goal

3

02.17.02 Partnerships for the goal - Justification

Not Applicable

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.

1 - Strongly Disagree

05.05 The product/service we envision creating could be described as an extension of a range of products or services.

3

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

Ina Vibe presents an innovative solution to a widespread issue affecting many Nigerians. With rising inflation and the increasing cost of petrol and gas, even the affluent struggle to meet their energy needs. Ina Vibe addresses this challenge by providing an all-in-one solution for lighting, cooking, and charging. Our unique approach combines insulation with solar electricity, offering a more sustainable alternative to traditional energy sources. This integrated solution directly targets the core of the problem, making it both cost-effective and environmentally friendly.

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

Main Potential Competitors and What Makes Us Stand Out Our main potential competitors are: BioLite: Known for their innovative biomass stoves, BioLite offers solutions for cooking and charging. However, Ina Vibe's integration of solar energy for clean cooking, charging, and lighting in one product provides a more comprehensive and sustainable solution. LUMOS: Focuses on solar home systems for lighting and basic electricity. Ina Vibe stands out by combining cooking, charging, and lighting, addressing a broader range of daily energy needs. GravityLight: Provides gravity-powered lighting, which is innovative but limited to lighting only. Ina Vibe's multifunctional approach offers greater utility and value for households and businesses. What makes Ina Vibe unique is its holistic approach to energy needs, combining clean cooking, efficient lighting, and device charging in a single, affordable solution. This integrated functionality, along with the use of culturally significant materials.

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

Yes, I make an effort with my partner to employ mostly women in businesses, we currently have four ladies working with us at Optasia(A fashion and lifestyle company)