Nigeria - Startup under 3 years old

Describe your project or startup in a few words

Global Gain is a multifaceted business venture dedicated to addressing Nigeria's unemployment crisis by creating diverse job opportunities. Our mission is to empower individuals, enhance economic growth, and contribute to societal development.

01.01 Describe your startup in more detail

Global Gain is a multifaceted business dedicated to reducing unemployment in Nigeria by creating diverse job opportunities. Our mission is to empower individuals, enhance economic growth, and contribute to societal development. We aim to establish multiple business platforms across sectors such as agriculture, technology, retail, and services. Key Objectives: Job Creation: Generate substantial employment opportunities. Skill Development: Provide training programs to equip individuals with essential competencies. Sustainable Growth: Promote economic stability and community development. Business Platforms: Agriculture: Launch projects in crop production, livestock farming, and agribusiness services. Technology: Develop tech hubs and incubators for IT professionals. Retail: Establish retail outlets offering diverse products. Services: Offer services in logistics, consultancy, and healthcare. Impact: Global Gain aims to reduce unemployment by at least 10%.

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

Global Gain is tackling the critical issue of high unemployment in Nigeria. Despite being Africa's largest economy, Nigeria faces significant employment challenges, with a large portion of its population, especially youth, struggling to find stable jobs. This unemployment crisis contributes to poverty, social instability, and economic stagnation. Many Nigerians lack access to quality education and skills training, further hindering their job prospects. The existing job market is unable to absorb the growing workforce, leading to widespread underemployment and joblessness. By creating diverse employment opportunities across various sectors such as agriculture, technology, retail, and services, Global Gain aims to address these issues. Our goal is to empower individuals with the necessary skills, provide sustainable income sources, and foster economic growth and stability. By reducing the unemployment rate, Global Gain seeks to improve the quality of life for many Nigerians.

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

Job Creation and Economic Empowerment: Global Gain creates diverse job opportunities across various sectors such as agriculture, technology, retail, and services. By employing thousands of Nigerians, we contribute to reducing the unemployment rate, providing stable income sources, and enhancing economic stability. This empowerment leads to improved standards of living and fosters a sense of financial independence and self-sufficiency among individuals. Skill Development and Training: We offer comprehensive training and skill acquisition programs tailored to meet the needs of the modern workforce. These programs equip individuals with the necessary competencies to thrive in their respective fields, enhancing their employability and career prospects. By bridging the skills gap, Global Gain ensures a more competent and competitive workforce, driving innovation and productivity in various industries. Sustainable Community Growth: Our business model promotes sustainable growth.

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

Global Gain targets unemployed youth, underemployed individuals, rural communities, aspiring entrepreneurs, women, marginalized groups, and tech professionals in Nigeria. By creating diverse job opportunities and offering skill development programs, Global Gain aims to empower young Nigerians and those struggling with underemployment. Rural communities benefit from agricultural projects and other business ventures that boost local economies. Aspiring entrepreneurs receive training, mentorship, and financial support to establish and grow their businesses. Women and marginalized groups are provided with inclusive programs for equal opportunities. Tech professionals and innovators are supported through tech hubs and incubators to foster a vibrant technology sector. Overall, Global Gain's efforts aim to drive economic growth, reduce unemployment, and improve the quality of life across Nigeria.

01.05 When was your company established?

2023-09-18

01.06 Are you already selling your product/service?

Yes

01.07 How many other owners are there within your startup?

2

01.08 Among the other owners, how many are female?

1

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

none

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/global_gain_ventures?utm_source=ig_web_button_share_sheet&igsh=ZDNlZDc0MzIxNw==

01.11 Which industry best describes your project?

Other: Global Gain is best described as operating within the Diversified Conglomerate Industry. This industry encompasses businesses that manage a wide range of activities across multiple sectors, allowing them to leverage various market opportunities and reduce dependence on a single market.

02.01.01 My startup contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification for my startup

02.02.01 My startup contributes to the Zero hunger goal

7 - Strongly Agree

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

02.04.01 My startup contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification for my startup

02.05.01 My startup contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification for my startup

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

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

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

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

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

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

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

5

02.15.02 Life on land - Justification for my startup

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

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

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.

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.

5

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

5

06.08 Justification for my startup

06.09 Competitive Analysis

jumia what makes me stand out from them is the aspect of our main aim or target is to drive employment and give job to the unemployed citizens of Nigeria. to reduce the rate of unemployment in Nigeria.

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

yes By putting them in an executive position in the start up