Nigeria - Business creation project

Describe your project or startup in a few words

JoChris Hydroelectric Lantern is an alternative source of power supply, specifically for people who don't have access to or means of a stable 24-hour power supply. It aims to provide a constant, affordable, and clean source of energy for people.

01.01 Describe your project in more detail

A hydroelectric lantern that provides a 24-hour power supply. Power is generated from hydro/water and can be used by everyone and anywhere. It doesn't need to be charged because it generates its own energy/power supply. It is long-lasting and needs no extra source of fuel or battery - (probably) just water once in 2 weeks. Features: - Water generated only I.e. pure, healthy, and renewable source of energy. Water is the only source of fuel and lanterns might only need a refill, a maximum of once in 2 weeks. - The electricity generated is forever with a light bulb so BRIGHT due to the large size of light bulb used, as a result… - Lantern has a 3-switch-control stage to control the brightness of the light at low, medium, and high. It has a smooth switch that takes it gradually from low to high and vice versa preserving power. - Lantern can power phones, laptops, and fans, and other electronics like hand dryers, hair clippers 24 hours on the go.

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

The main problem I am trying to solve is to provide a regular power supply for homes. Also, this project/product will help small businesses like salons, soda retailers, and traders power basic electronics or items in their shops that require a micro power supply.

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

Some major benefits are: 1. Constant power supply to keep homes lit 2. Access to power for small businesses or traders that suffer due to irregular or absence of power supply 3. Access to clean energy to power basic home appliances such as a (standing) fan during hot weather, pressing iron to straighten one's clothes, electricity for students who love to read at night, and so on.

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

Archetype: Economic - middle-class citizens, and low-class citizens who can't afford or don't have access to constant power supply in their community. Geographic: Nigeria and other developing countries. Demographic: All age brackets. Some Customer Cohorts and Personas: - One whose house is poorly ventilated and needs 24-hour electricity to power at least a standing fan. - A trader or shop owner who uses a torch light or lamp that barely lights her shop. - 23-50-year-olds who work from home on their laptops, NEPA takes the light and they burn fuel which is now expensive, but they need to work. - 2-18-year-olds primary school pupils and high school students who need light after school in the evening to do their school homework; and university students who have assignments to do on/laptopsptop but "NEPA" electricity is not guaranteed. - persons whose gadgets are always dow due to minimal or no access to power supply. - people who wear rumpled clothes due to the absence of a power supply.

01.05 When did you start working on your project?

2024-01-27

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

1

01.07 Among the other partners, how many are female?

0

01.08 Please describe the profile of each of the other partners (skills, experience, etc.)

My partner is a mechanical engineer who has experience through research work and projects in electronics and hydroelectric.

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?

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

02.01.01 My project contributes to the No poverty goal

6

02.01.02 No poverty - Justification

My startup will contribute to the No Poverty goal because the startup will create job opportunities for Nigerians, and increase the GDP of the country when small businesses start to flourish and exports are made to other developing countries.

02.02.01 My project contributes to the Zero hunger goal

5

02.02.02 Zero hunger - Justification

The project will contribute to the Zero hunger goal because it will provide more job opportunities to people, thereby, providing them with a sustainable means of feeding.

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

This project contributes to the Good health and well-being goal because it provides a clean source of energy, tackling the negative effects fossil fuel and other materials or activities have directly on our body (e.g. air pollution) and our climate.

02.04.01 My project contributes to the Quality education goal

2

02.04.02 Quality education - Justification

02.05.01 My project contributes to the Gender equality goal

5

02.05.02 Gender equality - Justification

Upon full operation of the project, it will create an inclusive environment where women are valuable members of the decision-making team.

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

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

One of the primary aims of the project is to provide clean energy, specifically for middle-class and low-class citizens.

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

Upon full operation of the project, it will create job opportunities for people. Amongst other skills, it will fully utilize specific skills such as mechanical engineering, electrical engineering, physics, and carpentry. This will add to the GDP of Nigeria.

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

The project is the first if it's kind, especially in Africa due to it's novelty. As a resul it will create a foundation for technological advancement in Nigeria (Africa) — starting a journey where Nigeria (African community) will begin to move towards being on par with high-tech communities. This will promote an inclusive environment for Nigeria (Africa) among other developed or high-tech countries.

02.10.01 My project contributes to the Reduced inequalities goal

5

02.10.02 Reduced inequalities - Justification

Due to the product's novelty, it will wash off the former unpleasant impression had of Africa, promoting respect towards Africans, hence reducing inequality.

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

One of the primary aims is to provide clean energy to the people, reducing our huge dependence on fossil fuels which is harmful to our community.

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

The project takes urgent action to combat climate change and its impact by providing clean energy to the people, thereby reducing our huge dependence on fossil fuels which contributes to climate change.

02.14.01 My project contributes to the Life below water goal

1 - Strongly Disagree

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

3

02.15.02 Life on land - Justification

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

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

Your hydroelectric device aligns with the Partnership for the Goal SDG by providing 24-hour electricity to small businesses and homes in developing countries, collaborating with various stakeholders such as local communities, governments, and possibly private sector entities, empowering communities and improving their quality of life through access to reliable electricity, supporting economic activities, and enhancing education while reducing poverty.

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.

4

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

My product is unique because it provides a regular power supply for homes; small businesses like salons, soda retailers, and even the roadside market woman. It's unique because it can be afforded by a majority. It's unique also be because at the moment, it doesn't exist.

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

Currently, there are no main competitors because the product is a new one. However, to some extent, suspected competitors might be companies providing solar energy and organizations such as Ikeja Electricity, Eko Electricity, etc

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

Yes. By recently launching a traditional clothing line, I believe I am posing as a good example to other females in the community.