Nigeria - Business creation project

Describe your project or startup in a few words

Farmel leads agriculture towards a sustainable future through innovation, technology, and responsible practices. We promote growth, environmental stewardship, social equity, and economic development, aiming to set industry standards.

01.01 Describe your project in more detail

Farmel revolutionizes agriculture with regenerative and innovative practices. Utilizing hydroponics, aquaponics, and vertical farming, we maximize efficiency, conserve resources, and boost yields. Our regenerative farming focus restores soil health, enhances biodiversity, and sequesters carbon for environmental sustainability. We develop infrastructure for processing and packaging, ensuring top-quality products with eco-friendly packaging to minimize waste and extend shelf life. Farmel engages the community through training programs for local farmers, fostering sustainable agriculture, job creation, and local economic growth. Our research and development drive innovation in farming techniques and new product lines to meet market demands. Strategic marketing highlights the health benefits and environmental impact of our products, increasing consumer awareness.we sets new standards in sustainable agriculture, ensuring a food system that benefits people, the planet, and future generation

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

Farmel would be addressing key issues such as environmental degradation and climate change by integrating sustainable farming practices, innovative technologies, and responsible resource management. By utilizing hydroponics and regenerative agriculture on dedicated farming lands, Farmel would be improving resource efficiency and enhance ecosystem health. Additionally, our focus on food packaging and processing would help maintain food quality and reduce waste. This comprehensive approach supports environmental stewardship, promotes social equity, and fosters economic development, ultimately ensuring food security and a sustainable agricultural future.

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

Farmel would be providing significant benefits through its innovative agricultural practices. First, Is enhancing food security by ensuring a consistent supply of high-quality, nutritious food using sustainable methods like hydroponics and regenerative agriculture. Second, we would be promoting environmental stewardship by improving resource efficiency, conserving water and land, and enhancing soil health and biodiversity through regenerative practices. Third, we would be delivering economic and social benefits by creating jobs and providing training for local farmers, supporting local economies, and reducing food waste through effective packaging and processing. Farmel's approach aims to set industry standards, drive sustainable growth, and build a prosperous future for agriculture, nourishing people, preserving the planet, and sustaining prosperity for generations.

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

Farmel's project targets local farmers, agricultural workers, and communities by providing training, job creation, and economic development opportunities. Consumers benefit from healthier food options and reduced waste, while the environment gains from sustainable practices that mitigate climate change. Urban areas benefit from innovative farming methods that enable local food production and reduce transportation emissions.

01.05 When did you start working on your project?

2020-01-01

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.)

Name: Adedokun Teledua Profile Summary: I'm a Visual designer with 3 years of experience and an entry level front end developer Skills: Drawing and Designing Hobbies: Drawing and watching movies Name : Ayomide Sonayor Akoma Profile Summary: a skilled software developer with 2 years of experience and a passion for building full-stack solutions Skills: Software Developer and full stack developer Experience: 2 years Hobbies : movies, hiking and farming Name: Esther Profile summary: a student of petrol chemical engineering and a full stack developer Skills : full stack developer Experience: 3 years Hobbies: reading, traveling Name: Esther Profile summary: a student of petrol chemical engineering and a full stack developer Skills : full stack developer Experience: 3 years Hobbies: reading, traveling

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

https://www.facebook.com/profile.php?id=100063503741500

01.10 Which industry best describes your project?

l) Agriculture

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

Creates jobs and provides training, improving incomes and reducing poverty.

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

Farmel promotes food security by ensuring a consistent supply of nutritious food through sustainable farming practices.

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

1 - Strongly Disagree

02.03.02 Good health and well-being - Justification

Farmel supports SDG 3 (Good Health and Well-Being) by producing high-quality, chemical-free food, ensuring a consistent supply of fresh produce, and focusing on urban agriculture to reduce food deserts. We educate communities on sustainable farming and healthy eating through training programs and workshops. Our innovative packaging reduces food waste, and our sustainable practices improve environmental health. By integrating these efforts, Farmel enhances community health and well-being.

02.04.01 My project contributes to the Quality education goal

1 - Strongly Disagree

02.04.02 Quality education - Justification

02.05.01 My project contributes to the Gender equality goal

4

02.05.02 Gender equality - Justification

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

2

02.07.02 Affordable and clean energy - Justification

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

By creating employment opportunities and supporting local economies, Farmel contributes to economic development and poverty reduction.

02.09.01 My project contributes to the Industry innovation and infrastructure

4

02.09.02 Industry innovation and infrastructure - Justification

02.10.01 My project contributes to the Reduced inequalities goal

4

02.10.02 Reduced inequalities - Justification

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

Farmel supports urban agriculture and reduces the carbon footprint associated with food transportation, contributing to sustainable urban development.

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

Farmel promotes sustainable farming, packaging, and processing practices, reducing waste and improving resource efficiency.

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

Farmel mitigates climate change by implementing sustainable farming practices that reduce greenhouse gas emissions and enhance carbon sequestration.

02.14.01 My project contributes to the Life below water goal

4

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

7 - Strongly Agree

02.15.02 Life on land - Justification

Farmel enhances soil health, promotes biodiversity, and preserves natural habitats through regenerative farming practices.

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

4

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

4

02.17.02 Partnerships for the goal - Justification

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

7 - Strongly Agree

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.

1 - Strongly Disagree

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.

5

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.

4

05.08 Justification

Farmel is innovative and unique through its use of advanced farming techniques like hydroponics, aquaponics, and vertical farming, which maximize space, conserve water, and boost yields. Our sustainable practices, including regenerative agriculture and precision farming, enhance soil health, increase biodiversity, and optimize resource use. We integrate technology with smart packaging and automation to reduce waste and maintain food quality. Farmel’s comprehensive approach combines farming, packaging, and processing, creating a seamless supply chain. We focus on community and economic impact by providing training, creating jobs, and supporting local businesses. By aligning with multiple SDGs, Farmel ensures a sustainable, efficient, and equitable food system benefiting people, the planet, and future generations.

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

Farmel will differentiate itself through an integrated approach that will combine sustainable farming, packaging, and processing. We will use a unique blend of hydroponics, aquaponics, vertical farming, and regenerative agriculture for maximum efficiency and sustainability. By leveraging smart technology and precision agriculture, we will optimize farming practices and resource use. Our commitment to environmental stewardship will include improving soil health, increasing biodiversity, and sequestering carbon. We will emphasize community engagement by providing training and support to local farmers, fostering economic development. Farmel will produce high-quality, nutritious food with extended shelf life and will focus on urban agriculture to reduce food deserts. We will support multiple SDGs comprehensively and provide transparent impact assessments, setting new standards in sustainable agriculture and community development.

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

No