Nigeria - Startup under 3 years old

Describe your project or startup in a few words

My project aims to sustainably cultivate,process palm oil and cocoa,i'll establish a large-scale plantation of 30 plots and implement best practices for environmental and social responsibility,thereby investing in processing facilities for production

01.01 Describe your startup in more detail

Cocoa and palm oil are two significant crops in the global market, with a substantial impact on the economies of producing countries. *Cocoa Production:* - Cocoa is the main ingredient in chocolate production. - Global production: 4.5 million metric tons (2020/21 estimate - Harvesting involves fermenting and drying beans to develop flavor and aroma. - Processing includes roasting, winnowing, and grinding to produce cocoa liquor, butter, and powder. *Palm Oil Production:* - Palm oil is a versatile edible oil used in food, cosmetics, and biofuels. - I want to be among top producers in south west Nigeria. - Oil palm trees (Elaeis guineensis) require a tropical climate with high rainfall. - Harvesting involves collecting fresh fruit bunches, processing to extract crude palm oil (CPO) and palm kernel oil (PKO). - Refining and fractionation produce various palm oil products. *Sustainability and Environmental Concerns:

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

Hunger and unemployment

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

Food security, employment opportunities and Economic growth

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

Rural communities, National economies,Young adults (both men and women)

01.05 When was your company established?

2024-02-01

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.)

Pastor Idakwo James a skilled agripreneur with over 30 years of experience

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

01.11 Which industry best describes your project?

l) Farming

02.01.01 My startup contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification for my startup

Increases income-it can provide stable source of income for anyone doing it,for instance palm oil can be gotten for sale or consumption every month ,food security,job creation-cocoa and palm oil farming can create employment opportunities thereby reducing unemployment and poverty. Economic growth -Cocoa and palm oil farming can contribute to local economic growth, stimulating other sectors like processing, transportation and marketing

02.02.01 My startup contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification for my startup

Enhancement of food systems- strengthening food system from production stage to consumption, ensuring Access to nutritious food, Collaboration with stakeholders like government, NGOs, and private sector to ensure a coordinated approach to ending Zero hunger Reduction of post harvest losses-implementing effective harvesting and storage practices to reduce waste.

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

Farming can ensure healthy lives and promote well-being for all ages in the shortlisted ways: 1. _Nutritious food_: Palm oil Farming provides fresh, nutritious food, essential for healthy lives, growth, and development. 2. _Food security_: Cocoa and palm oil farming helps ensure access to food, reducing hunger, malnutrition, and related health issues. 3. _Diverse diets_: Cocoa and palm oil farming promotes diverse nutritional health benefits, providing essentials for human well-being. 4. _Physical activity_: Cocoa and palm oil Farming involves physical labor, promoting exercise and physical well-being.

02.04.01 My startup contributes to the Quality education goal

6

02.04.02 Quality education - Justification for my startup

02.05.01 My startup contributes to the Gender equality goal

1 - Strongly Disagree

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

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification for my startup

1.Value chain development: Developing value chains that promote local processing, trading, and economic growth. 2. Market access: Improving market access for farmers, processors, and traders, increasing their income and economic opportunities. 3. Productivity enhancement: Implementing best practices and technology to improve productivity and efficiency. 4. Diversification: Encouraging diversification of crops and income streams, reducing dependence on a single crop. 5. Collaboration: Fostering collaboration among stakeholders, including farmers, processors, traders, and governments, to promote decent work and economic growth. 6. Economic empowerment: Empowering smallholder farmers, especially women and youth, to improve their economic status and contribute to economic growth.

02.09.01 My startup contributes to the Industry innovation and infrastructure

2

02.09.02 Industry innovation and infrastructure - Justification for my startup

02.10.01 My startup contributes to the Reduced inequalities goal

1 - Strongly Disagree

02.10.02 Reduced inequalities - Justification for my startup

02.11.01 My startup contributes to the Sustainable cities and communities goal

3

02.11.02 Sustainable cities and communities - Justification for my startup

02.12.01 My startup contributes to the Responsible consumption and production goal

4

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

1 - Strongly Disagree

02.14.02 Life below water - Justification for my startup

02.15.01 My startup contributes to the Life on land goal

2

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

6

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.

6

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

6

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

5

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

2

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

6

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

6

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

2

06.08 Justification for my startup

i

06.09 Competitive Analysis

Cocoa merchant I stand out by integrity,diligence and meeting deadlines

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

Yes,I advise them to take decisive action to add skills to their academics pursuit, recently I paid for a lady to learn hair dressing,so as for her to be self dependant and self reliant