Nigeria - Startup under 3 years old

Describe your project or startup in a few words

Pioneering disruptive, inclusive and innovative solutions for Educational and Financial Technology in Africa.

01.01 Describe your startup in more detail

Pioneering disruptive, inclusive and innovative solutions for Educational and Financial Technology in Africa by introducing a digital learning approach for pupils with disabilities & dispersed, to connect with other students engaging in an educational system that knows no borders. Thus, allowing and accommodating people who have historically been excluded (as because of their race, gender, sexuality, or ability) to have access to verifiable data/information with the aid of Artificial Intelligence and Blockchain technology. Encouraging a paperless learning experience to develop a sustainable society in terms of reducing global warming & fostering a healthy environment.

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

Nice Ntuk LTD is addressing multiple interconnected issues: 1. Educational Inclusion: Providing accessible education for pupils with disabilities and those in dispersed or remote areas, who have traditionally been excluded from mainstream education due to physical, geographical, or socio-economic barriers. 2. Digital Divide: Bridging the gap in access to quality education and information through technology, ensuring that marginalized groups can participate in a borderless educational system with accurate and verifiable data. 3. Environmental Sustainability: Promoting paperless learning to reduce the environmental impact associated with traditional educational materials, thereby contributing to efforts to reduce global warming and foster a healthy environment.

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

1.Accessibility: Provides education to students with disabilities and those in remote areas, ensuring inclusivity. 2.Customization: AI-driven tools offer personalized learning experiences, improving engagement and outcomes. 3.Security : Blockchain technology ensures the security and verifiability of academic records and credentials. 4. Environmental Impact: Reduces reliance on paper, contributing to environmental sustainability and efforts to combat global warming. 5. Global Connectivity: Allows students to engage with peers and educators worldwide, fostering a global educational community. 6. Cost Efficiency: Digital resources can be more cost-effective in the long term, reducing expenses related to physical materials and transportation. 7. Enhanced Learning Experience: Interactive and multimedia resources enhance understanding and retention of information. 8. Data-Driven Insights: Analytics tools help educators make informed decisions to improve teaching effectiveness and student.

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

1. Pupils with Disabilities: Providing accessible learning tools and resources tailored to their needs. 2. Students in Remote Areas: Ensuring that those in geographically isolated regions can access quality education. 3. Marginalized Groups: Offering educational opportunities to those historically excluded due to race, gender, sexuality, or socio-economic status. 4. Educators: Equipping teachers with the tools and training to deliver inclusive and effective education. 5. Educational Institutions: Supporting schools and universities in adopting digital and inclusive teaching practices. 6. Policymakers: Providing data and insights to help develop policies that promote inclusive and sustainable education.

01.05 When was your company established?

2022-05-25

01.06 Are you already selling your product/service?

Yes

01.07 How many other owners are there within your startup?

1

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.)

My name is Abasiodiong Ntuk, one who recently graduated with a Bsc degree in Computer Science and is focused on disrupting financial and educational technology sectors with innovative and inclusive solutions.

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/nicentuk?igsh=MWc0OG45NGZkcmR3Zw==

01.11 Which industry best describes your project?

h) IT (digital services, equipment and software)

02.01.01 My startup contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification for my startup

1. Enhancing educational access and quality. 2. Promoting digital literacy and skills development. 3. Facilitating economic opportunities by providing financial technology solutions helping students access scholarships, loans and other financial resources. 4. Reducing educational costs and minimizing indirect costs from costs of transportation, uniforms

02.02.01 My startup contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification for my startup

One of our mandates is Lack of education & knowledge kills more than lack of food and we say that because we understand how education has elevated people’s status over the years. Thus, building wealth and generational connections.

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

One who lacks education or knowledge would have little or no knowledge about the steps to achieving good health and wellbeing. Our project enhances users knowledge to build them better health by self awareness. Mental Health Support: Inclusive education that addresses the needs of students with disabilities supports their mental well-being. Health Education: Digital platforms can include health education modules to promote 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

Providing accessible education for pupils with disabilities and those in dispersed or remote areas, who have traditionally been excluded from mainstream education due to physical, geographical, or socio-economic barriers.

02.05.01 My startup contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification for my startup

Equal Access: Ensures that both girls and boys have equal access to educational resources and opportunities. Empowerment: Provides educational programs that empower women and girls, promoting gender equality.

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

Paper waste contributes to methane emissions when it decomposes in landfills. Methane is a potent greenhouse gas. Reducing paper waste through digital learning helps decrease these emissions.

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

Energy Education: Educating students about the benefits and methods of using clean energy sources. Digital Platforms: Using energy-efficient technologies for digital learning.

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

Skills Training: Provides vocational training and digital skills necessary for decent work and economic growth. Entrepreneurship: Supports entrepreneurial education to help individuals start their own businesses.

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

Technological Advancement: Promotes the use of innovative technologies like AI and blockchain in education. Infrastructure Support: Helps build digital infrastructure in underserved areas. Digital payments: We’ve included a digital payment system that aids users pay for advanced courses via digital & decentralized currencies which aids ease of borderless transactions.

02.10.01 My startup contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification for my startup

Inclusive Education: Provides equal learning opportunities for marginalized groups, reducing educational inequalities. Financial Aid: Facilitates access to scholarships and educational loans for low-income students.

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

Community Engagement: Encourages community involvement in educational initiatives, fostering sustainable urban development. Resource Efficiency: Promotes the use of digital resources to reduce environmental impact.

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

Responsible consumption and production is considered as we focus on innovative solutions that can streamline learning while maintaining a healthy environment

02.13.01 My startup contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification for my startup

Promotes environmentally friendly practices through digital learning.

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

Marine Education: Includes educational modules on protecting marine life and ecosystems. Sustainable Practices: Encourages students to engage in activities that protect aquatic life.

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

Conservation Education: Provides education on the importance of conserving terrestrial ecosystems and biodiversity. Deforestation Awareness: Highlights the impact of deforestation and promotes tree planting and conservation activities.

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

Peace, Justice, and Strong Institutions Equitable Access: Promotes justice and peace by ensuring equal access to education for all. Transparency: Uses blockchain technology to maintain transparent and secure educational records.

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

Collaboration: We engage with local schools, educational institutions, government agencies, and community organizations to achieve shared goals & values. Global networks: We’re focused on building a global network of educators and learners to foster international collaboration and support the SDGs.

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

3

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

7 - Strongly Agree

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

7 - Strongly Agree

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.

3

06.08 Justification for my startup

The various forms of innovative solutions in today’s world are enormous, However, we’re keen on utilizing a few to enhance the experience of an existing industry. These includes AI-powered technologies, Blockchain technology, Cross-border payments, virtual learning experience. We achieve that by Bridging the gap in access to quality education and information through technology, ensuring that marginalized groups can participate in a borderless educational system.

06.09 Competitive Analysis

Our potential competitors are physical learning systems, but we don’t see them as competitors as we’ve introduced a system that would integrate a virtual learning experience for all.

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

Yes, our products don’t exempt female educators.