Nigeria - Startup under 3 years old

Describe your project or startup in a few words

At Proton Medicare, we offer retail health insurance solutions that aid healthcare access for the Nigerian informal sector.

01.01 Describe your startup in more detail

At Proton Medicare, we address barriers to healthcare access for the low income class by providing flexible and sustainable health care solutions like retail health insurance plans, community and group healthcare coverage, and third party health care management. We are not a health insurance company, and our services are driven by strategic partnerships with existing HMOs and health care providers. Our target is to impact the informal sector, and to effectively reach out to them, we employed community advocacy as a primary outreach means, which not only allows us to offer our services but also creates a means of earning for our independent sales executives, whom we call community ambassadors.

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

Inaccessibility to quality healthcare for low-income Nigerians. We are providing them with much-needed knowledge and information and the opportunity to enjoy quality healthcare at a low cost.

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

1. Access to quality healthcare guaranteed through our health insurance service 2. Flexible Payments for health insurance 3. Access to over 4 HMOs and up to over 1700 hospitals 4. Free Telemedicine service available with any selected health insurance plan 5.

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

At Proton Medicare, we serve low-income Nigerians in the informal sector, focusing on improving healthcare access through retail health insurance plans. Our target beneficiaries include individuals and businesses in the informal sector who often face barriers to accessing quality healthcare services.

01.05 When was your company established?

2022-11-22

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 previous work experience includes working as an HMO manager at Domingo Specialist Hospital. I was part of the non-technical team that built "Kobo Connect," an online platform that connects users with local artisans. As a pioneering member, we were able to grow from 0 to 10,000 users in 180 days. I have also worked as COO at two fin-tech startups: Etegram for Business and Moniecheap Utility Payment App, all of which are currently performing excellently. I am a troubleshooter and solution finder, and I am always keen to find the most reliable and efficient technique or method to tackle personal challenges. I am a full-stack developer proficient in HTML, CSS, JavaScript, PHP, and MySQL.

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

Https://protonmedicare.com

01.11 Which industry best describes your project?

Other: health insurtech

02.01.01 My startup contributes to the No poverty goal

1 - Strongly Disagree

02.01.02 No poverty - Justification for my startup

At Proton Medicare, we contribute to the goal of "No Poverty" by addressing barriers to healthcare access for low-income Nigerians through our flexible and sustainable healthcare solutions. By ensuring that these individuals have access to affordable healthcare, we improve their overall quality of life and economic stability.

02.02.01 My startup contributes to the Zero hunger goal

3

02.02.02 Zero hunger - Justification for my startup

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

At Proton Medicare, we strongly contribute to the goal of "Good Health and Well-being" by providing low-income Nigerians in the informal sector with accessible and affordable healthcare solutions. Our services ensure that individuals who typically lack access to quality healthcare can receive necessary medical attention. Our focus on preventive and continuous care enhances the well-being of our target beneficiaries, including market traders, artisans, and small-scale farmers, thereby fostering healthier communities.

02.04.01 My startup contributes to the Quality education goal

3

02.04.02 Quality education - Justification for my startup

02.05.01 My startup contributes to the Gender equality goal

3

02.05.02 Gender equality - Justification for my startup

02.06.01 My startup contributes to the Clean water and sanitation goal

1 - Strongly Disagree

02.06.02 Clean water and sanitation - Justification for my startup

02.07.01 My startup contributes to the Affordable and clean energy goal

1 - Strongly Disagree

02.07.02 Affordable and clean energy - Justification for my startup

02.08.01 My startup contributes to the Decent work and economic growth

5

02.08.02 Decent work and economic growth - Justification for my startup

02.09.01 My startup contributes to the Industry innovation and infrastructure

4

02.09.02 Industry innovation and infrastructure - Justification for my startup

02.10.01 My startup contributes to the Reduced inequalities goal

4

02.10.02 Reduced inequalities - Justification for my startup

02.11.01 My startup contributes to the Sustainable cities and communities goal

4

02.11.02 Sustainable cities and communities - Justification for my startup

02.12.01 My startup contributes to the Responsible consumption and production goal

3

02.12.02 Responsible consumption and production - Justification for my startup

02.13.01 My startup contributes to the Climate action goal

3

02.13.02 Climate action - Justification for my startup

02.14.01 My startup contributes to the Life below water goal

2

02.14.02 Life below water - Justification for my startup

02.15.01 My startup contributes to the Life on land goal

3

02.15.02 Life on land - Justification for my startup

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

2

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

02.17.01 My startup contributes to the Partnerships for the goal

4

02.17.02 Partnerships for the goal - Justification for my startup

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

4

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

2

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

2

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

At Proton Medicare, we are redefining health insurance and giving a new meaning to private health insurance coverage. We work closely with existing HMOs who are already providing these services to the corporate sector, and we tailor their plans to be pocket-friendly enough for the average Nigerian. With the list of available options, users may never run out of options.

06.09 Competitive Analysis

This is a relatively new idea, and we currently have no direct competitors. We have partnered with potential competitors to expand our impact and allow us focus more on providing an outstanding service.

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