Nigeria - Startup under 3 years old

Describe your project or startup in a few words

Construction of 2.5 tons Mini Gas plant. To start with, I am venturing into LP Gas service. The long term goal is to venture as independent oil and gas exploration and production company.

01.01 Describe your startup in more detail

Our mission is to become a provider of clean, affordable and accessible energy solution through acquisition and development of high quality plants. My concept is to, 1) Identify and acquire undervalued Gas plant lease. 2.) Optimize development plans for discovered resources. 3.) Execute low-risk, high return operations. 4.) Rapidly build a diversified portfolio of services.

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

Many households rely on traditional methods such as firewood and charcoal which produce carbon which are not only expensive but also harmful to health and environment. With this startup approach, hoping to minimize the carbon emissions and also provide some level of comfort to health and environment.

01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).

The benefits are enormous, not limited to: 1.) Cheaper operating cost 2.) Fast enough while using 3.) The heat is easily controlled 4.) Immediately responsive hear.

01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?

It is aimed at serving the local household consumers within and outside the plant location.

01.05 When was your company established?

2023-06-26

01.06 Are you already selling your product/service?

No

01.07 How many other owners are there within your startup?

0

01.08 Among the other owners, how many are female?

0

01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)

Nil

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

https://www.instagram.com/oluwatosin_samuel_jr?igsh=NDJ2c2libHY4bTFx

01.11 Which industry best describes your project?

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

02.01.01 My startup contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification for my startup

Poverty could be eradicated to a reasonable rate if individuals could maximize their potential by creating and implementing an idea. There are many opportunities that could be explored only if we are able to maximize our Inbuilt potentials

02.02.01 My startup contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification for my startup

My involvement in this startup will contribute to economy development of my business environment and also provide employment opportunities for others.

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

7 - Strongly Agree

02.03.02 Good health and well-being - Justification for my startup

My startup will eliminate traditional means thereby reducing carbon emissions which could be dangerous to health and well-being.

02.04.01 My startup contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification for my startup

My startup will make it a duty to finance and advocate for the importance of education within its host communities.

02.05.01 My startup contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification for my startup

My startup will gives rooms for women to display and minimize thier potential.

02.06.01 My startup contributes to the Clean water and sanitation goal

7 - Strongly Agree

02.06.02 Clean water and sanitation - Justification for my startup

My startup will ensure it does not have an adverse effect of on clean water and sanitation.

02.07.01 My startup contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification for my startup

Provision of clean and affordable energy has been the mission of my startup and will ensure the swift delivery of such.

02.08.01 My startup contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification for my startup

My startup will put into consideration this goals

02.09.01 My startup contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification for my startup

My startup is developing a strategy for building resilient infrastructure by developing undervalued resources.

02.10.01 My startup contributes to the Reduced inequalities goal

5

02.10.02 Reduced inequalities - Justification for my startup

02.11.01 My startup contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification for my startup

My startup will ensure putting into consideration some precautions measures initiatives

02.12.01 My startup contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification for my startup

My startup will ensure sustainable consumption

02.13.01 My startup contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification for my startup

My startup goals include elimination to minimum carbon emissions

02.14.01 My startup contributes to the Life below water goal

7 - Strongly Agree

02.14.02 Life below water - Justification for my startup

My startup will avoid spitting of oil into rivers.

02.15.01 My startup contributes to the Life on land goal

7 - Strongly Agree

02.15.02 Life on land - Justification for my startup

Judicious utilization of land

02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal

7 - Strongly Agree

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

My startup will tend to improve living for its host communities, fostering peace and development.

02.17.01 My startup contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification for my startup

My startup will ensure partnership with others in achieving these goals.

06.01 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

06.02 The product/service represents an entirely new type of product/service.

1 - Strongly Disagree

06.03 The product/service could be described as a new technology.

1 - Strongly Disagree

06.04 The product/service is an improvement on an existing product or service.

7 - Strongly Agree

06.05 The product/service could be described as an extension of a range of products or services.

7 - Strongly Agree

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

7 - Strongly Agree

06.07 The product/service is a new version of an old product/service.

7 - Strongly Agree

06.08 Justification for my startup

It is unique because, it is a low risk with high income project. It focuses on eliminating of carbon emissions which is harmful to people's health thereby creating more affordable and clean gas for household use.

06.09 Competitive Analysis

Proximity to consumers Swift delivery of services Provision of affordable and clean energy

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