Kenya - Business creation project

Describe your project or startup in a few words

This is an attempt to provide scalable hydroelectric power that's flexible for setup.This type of power engine powered by looped water can be produced from reasonable miniature to commercial firm size anywhere as it's not necessitated by natural resources

01.01 Describe your project in more detail

This engine uses a rum pump that does not require power source to pump water but rather uses water pressure from gravity to pump the water back up into tanks on a higher altitude creating a closed loop of water.As this water flows up into the tanks and back in to the pump,it goes through pipes fitted with dynamos to harness electric power.The engine height components size increases in directly proportional to increase in desired power output.

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

This is an attempt to solve the high cost of producing electric power in terms of monetary cost, environmental impact

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. First,firm set-up,power supply and supply chain management is cost efficient for this project hence the overall consumer cost is bound to be lower than the traditional methods. 2. Second,this project is environmental friendly as it's only output is electricity and it does not consume natural resources. 3. This project is highly scalable and can be produced over a wide range of sizes and even creates space for mass production. 4. Also,it is not location necessitated by availability of natural resources like traditional methods hence can be set up wherever needed.

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

This project is aimed at providing reliable and cost efficient electric power to all levels of consumers, from households, small scale consumers to large entities like companies and institutions

01.05 When did you start working on your project?

2023-02-01

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

0

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.)

I have no partners yet

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

4

02.01.02 No poverty - Justification

02.02.01 My project contributes to the Zero hunger goal

4

02.02.02 Zero hunger - Justification

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

4

02.03.02 Good health and well-being - Justification

02.04.01 My project contributes to the Quality education goal

4

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

4

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

My project main purpose is to provide cheaper and clean electric power with no toxic outputs

02.08.01 My project contributes to the Decent work and economic growth

3

02.08.02 Decent work and economic growth - Justification

02.09.01 My project contributes to the Industry innovation and infrastructure

6

02.09.02 Industry innovation and infrastructure - Justification

To sustain the growing mechanisation of production and manufacturing sectors,more innovative solutions are needed in the power industry to keep these chains running and that is what my project is addressing

02.10.01 My project contributes to the Reduced inequalities goal

3

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

With the high and growing population in our cities today,the existing power grids require consistently increasing power supply to meet this increasing demand.

02.12.01 My project contributes to the Responsible consumption and production goal

5

02.12.02 Responsible consumption and production - Justification

02.13.01 My project contributes to the Climate action goal

6

02.13.02 Climate action - Justification

02.14.01 My project contributes to the Life below water goal

5

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

5

02.15.02 Life on land - Justification

This project is environmentally friendly and provides an alternative for toxic power sources contributing to creating a conducive environment for life on land

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

2

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

5

02.17.02 Partnerships for the goal - Justification

This project is a symbol of the fight for sustainable development through Providence of clean, affordable, reliable and sustainable energy.

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

6

05.02 The product/service we envision creating represents an entirely new type of product/service.

1 - Strongly Disagree

05.03 The product/service we envision creating could be described as a new technology.

3

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.

6

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

6

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

7 - Strongly Agree

05.08 Justification

My project is unique and innovative as it addresses most challenges faced by the current industry participants and addresses the major consumer challenge of cost.

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

Our main potential competitors are traditional hydroelectric power providers and solar power providers.what makes us stand out among our competitors is our ability to provide cheaper and cost effective electric power and our flexibility in location.

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

Yes, I have been of great help to my mother and sister in setting up their own businesses