Nigeria - Startup under 3 years old

Describe your project or startup in a few words

Swinva is as a pioneering self-checkout system engineered to eradicate inefficiencies prevalent in hypermarkets, supermarkets, and convenience stores. It aims to revolutionize these markets by streamlining operations and enhancing customer satisfaction.

01.01 Describe your startup in more detail

Swinva Limited emerges as a dynamic startup poised to revolutionize the retail landscape through cutting-edge technological solutions. Recognizing the persistent challenges plaguing the industry ranging from annoying queues to poor price management and pervasive shoplifting, Swinva is committed to pioneering transformative change. Armed with groundbreaking technology, Swinva endeavors to eliminate these obstacles through the innovative integration of mobile apps, desktop applications, and robust web platforms. By seamlessly converging these digital mediums, Swinva not only seeks to mitigate existing issues but also anticipates and addresses future challenges in the retail sector. With a visionary approach and unwavering dedication, Swinva Limited stands at the forefront of driving unprecedented efficiency and efficacy across the retail spectrum.

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

Swinva Limited aims to solve the following in Hyper, Super and smaller markets; Queues during checkout, real-time item price tag update, customer data, market visibility, customer shopping record, reaching out to customer on latest product, promotions and campaigns

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

Swinva significantly reduces cost of running markets. Swinva provides queue free checkout system. Auto real time price update on products. To increase market visibility for market owners and effectively advertise to customers through their mobile devices. Swinva enhances customer loyalty by securely storing customer data to offer personalized benefits. Swinva leverages customer data to send timely push notifications about new offers, sales events, or special rewards directly to customers’ mobile devices.

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

Our startup product aims to target Hyper market, super market, superetts and convinience stores

01.05 When was your company established?

2024-02-14

01.06 Are you already selling your product/service?

No

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.)

Kelly Osoba, a software developer at CypherCrescent ltd, Co founder Swinva ltd

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

https://www.swinva.com

01.11 Which industry best describes your project?

Other: Retail industry

02.01.01 My startup contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification for my startup

My startup empowers individuals by providing a platform that showcases the transformative power of technology. We equip people with essential technological skills, fostering innovation and creativity to address everyday challenges. Our mission is to promote self-sufficiency and job creation, ultimately contributing to sustainable economic growth.

02.02.01 My startup contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification for my startup

1.Implement features that track inventory and sales trends to optimize stock levels, reducing overstock and spoilage. This helps minimize food waste, ensuring that more food reaches consumers rather than being discarded. 2.Facilitate partnerships with local farmers and food producers to ensure a supply of fresh, nutritious, and affordable food in supermarkets and convenience stores. This improves access to healthy food options for all communities, particularly low-income areas. 3.Use your platform to streamline supply chain operations, reducing bottlenecks and ensuring that food products are delivered efficiently and in a timely manner. This helps maintain food quality and availability. 4.Support local food producers by providing them with market visibility and easier access to retail markets through your platform. This encourages local food production, boosting local economies and ensuring a stable food supply.

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

1.Promotion of Healthy Eating: Use your platform to promote and highlight nutritious food options. Provide information and recommendations for healthy eating, including recipes and tips on selecting wholesome products. 2.Reducing Food Waste and Ensuring Freshness: Implement inventory management systems that ensure fresh food is available and reduce the likelihood of spoiled products being sold. Fresh, unspoiled food contributes to better health outcomes. 3.Enhanced Hygiene and Safety: Ensure that your self-checkout systems and other retail solutions comply with the highest standards of hygiene and safety. Implement contactless payment options and regular sanitation protocols to reduce the spread of germs. 4.Data Analytics for Health Insights: Leverage data analytics to track consumer purchasing patterns related to health products, and use this data to inform public health initiatives. Share insights with health organizations to help them understand and address community health needs.

02.04.01 My startup contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification for my startup

1.Educational Content and Resources: Utilize your platform to provide access to educational content on technology, innovation, and retail management. Offer tutorials, webinars, and workshops that help individuals develop essential skills for the modern job market. 2.Digital Literacy Programs: Implement digital literacy programs that teach users how to effectively use technology, including your mobile and desktop apps. This can help bridge the digital divide and empower more people with the skills needed for the digital economy. 3.Partnerships with Educational Institutions: Collaborate with schools, colleges, and vocational training centers to integrate your technology solutions into their curricula. Offer internships and apprenticeship opportunities that provide practical experience in using retail technology.

02.05.01 My startup contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification for my startup

1. Inclusive Hiring Practices: Commit to Gender Diversity: Implement policies to ensure a balanced gender representation in your workforce, particularly in leadership and technical roles. Equal Pay: Ensure equal pay for work of equal value across all positions within the company. Supportive Work Environment: Create a work environment that supports women through policies such as flexible working hours, parental leave, and safe working conditions. 2. Professional Development and Mentorship: Training Programs: Offer training and professional development programs aimed at equipping women with the skills needed to advance in the technology and retail sectors. Mentorship Opportunities: Establish mentorship programs where experienced professionals can guide and support women in their career growth. 3. Promoting Women in Tech: Scholarships and Internships: Provide scholarships or internships for women pursuing studies in technology, engineering, and business management.

02.06.01 My startup contributes to the Clean water and sanitation goal

6

02.06.02 Clean water and sanitation - Justification for my startup

1. Sustainable Practices in Operations: Water-Efficient Technologies: Implement water-saving technologies in your offices and facilities, such as low-flow faucets, toilets, and water-efficient appliances. Green Building Standards: Design and operate your facilities according to green building standards (e.g., LEED), which include measures for water conservation. 2. Employee Awareness and Engagement: Educational Programs: Conduct regular training sessions for employees about the importance of water conservation and practical ways to save water. Water Conservation Campaigns: Launch internal campaigns to promote water-saving practices among employees, both at work and at home. 3. Product and Service Innovations: Sustainable Packaging: Use packaging materials that require less water to produce, such as recycled or biodegradable materials.

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

1. Renewable Energy Adoption: Renewable Energy Sources: Transition to using renewable energy sources such as solar, wind, or geothermal for your operations. Green Energy Contracts: Purchase green energy through renewable energy certificates (RECs) or green tariffs from your energy provider. 2. Energy Efficiency: Efficient Lighting: Install energy-efficient LED lighting in stores and offices to reduce energy consumption. Smart Energy Management: Implement smart energy management systems to monitor and optimize energy use in real time. Energy-Efficient Appliances: Use energy-efficient appliances and equipment in your operations.

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

Fair Employment Practices: Inclusive Hiring: Implement inclusive hiring practices that promote diversity and equal opportunity for all, regardless of gender, ethnicity, age, or disability. Fair Wages: Ensure all employees are paid fair wages that meet or exceed the living wage in their region. 2. Employee Development: Training Programs: Offer continuous training and development programs to help employees improve their skills and advance their careers. Career Advancement: Create clear pathways for career advancement within the company, including mentoring and leadership development programs. 3. Safe Working Conditions: Workplace Safety: Implement robust health and safety policies to ensure a safe working environment for all employees. Wellness Programs: Offer wellness programs that support the physical and mental health of employees, such as stress management workshops, fitness programs, and access to counseling services.

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

1. Innovative Technologies: Self-Checkout Systems: Implement cutting-edge self-checkout systems that streamline the retail experience and improve operational efficiency. AI and Data Analytics: Use artificial intelligence and data analytics to optimize inventory management, personalize customer experiences, and predict market trends. Mobile and Desktop Apps: Develop robust and user-friendly mobile and desktop applications for both customers and retailers, enhancing accessibility and functionality. 2. Sustainable Infrastructure: Energy-Efficient Operations: Design your facilities and operations to be energy-efficient, using renewable energy sources and sustainable materials. Smart Logistics: Optimize supply chain and logistics through advanced technologies to reduce carbon footprint and improve efficiency. 3. Promoting Inclusive Industrialization: Support for SMEs: Collaborate with small and medium-sized enterprises (SMEs) to integrate them into your supply chain

02.10.01 My startup contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification for my startup

1. Diverse and Inclusive Workplace: Equal Employment Opportunities: Implement policies and practices to ensure equal opportunities for all employees, regardless of gender, race, ethnicity, or other factors. Diversity Training: Conduct diversity training programs to promote understanding, respect, and inclusivity among employees. Employee Resource Groups: Establish employee resource groups to provide support and representation for underrepresented groups within the company. 2. Gender Equality: Equal Pay: Ensure that all employees receive equal pay for equal work, regardless of gender. Promotion Opportunities: Implement transparent promotion processes to eliminate gender bias and ensure equal advancement opportunities for men and women. Support for Work-Life Balance: Offer family-friendly policies such as parental leave, flexible working hours, and childcare support to promote gender equality in the workplace.

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

1. Smart Retail Solutions: Urban Efficiency: Implement self-checkout systems and mobile apps that reduce congestion and wait times in retail spaces, contributing to a more efficient urban environment. Reduced Traffic: By offering online ordering and delivery options, your startup can help reduce traffic congestion and emissions in urban areas. 2. Sustainable Infrastructure: Green Buildings: Design and operate your facilities with sustainable building practices, including energy-efficient lighting, heating, and cooling systems. Waste Management: Implement waste reduction and recycling programs in your operations to minimize environmental impact. 3. Community Engagement: Local Partnerships: Partner with local businesses and community organizations to support economic development and foster a sense of community. Public Spaces: Contribute to the revitalization of public spaces by sponsoring events or initiatives that bring people together.

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

1. Sustainable Product Sourcing: Ethical Suppliers: Source products from suppliers who follow sustainable and ethical practices, ensuring fair labor conditions and environmentally friendly processes. Sustainable Materials: Prioritize the use of sustainable materials in your products and packaging, such as recycled or biodegradable materials. 2. Waste Reduction: Minimize Waste: Implement practices to reduce waste throughout the supply chain and in-store operations, such as optimizing inventory management to reduce overstock and spoilage. Recycling Programs: Establish comprehensive recycling programs for both customers and employees, encouraging the proper disposal of recyclable materials. 3. Eco-Friendly Packaging: Reduce Single-Use Plastics: Minimize the use of single-use plastics by offering alternative packaging solutions, such as reusable or compostable materials. Sustainable Packaging Design: Design packaging that uses minimal materials and maximizes recyclability.

02.13.01 My startup contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification for my startup

Contributing to the Climate Action goal (SDG 13) involves taking urgent action to combat climate change and its impacts. While Swinva Limited operates in the retail sector, there are several ways your startup can contribute to climate action: 1. Energy Efficiency: Store Operations: Implement energy-efficient practices in your stores, such as LED lighting, smart HVAC systems, and energy-efficient appliances, to reduce energy consumption. Supply Chain: Work with suppliers who prioritize energy efficiency and sustainability in their operations. 2. Renewable Energy: Investment: Invest in renewable energy sources like solar or wind power to reduce greenhouse gas emissions associated with your operations. Offsetting: Purchase carbon offsets or invest in renewable energy projects to offset the carbon footprint of your operations. 3. Sustainable Transportation: Delivery Fleet: Transition your delivery fleet to electric or hybrid vehicles to reduce 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

1. Sustainable Sourcing: Seafood Sourcing: Ensure that any seafood products sold in your stores are sustainably sourced and certified by reputable organizations like the Marine Stewardship Council (MSC) or Aquaculture Stewardship Council (ASC). Avoidance of Endangered Species: Avoid selling products made from endangered marine species or products that contribute to destructive fishing practices, such as shark fin soup or products containing microplastics. 2. Reduction of Plastic Pollution: Single-Use Plastic Reduction: Minimize the use of single-use plastics in packaging and encourage customers to use reusable bags or containers. Plastic-Free Initiatives: Implement initiatives to reduce plastic pollution, such as offering plastic-free alternatives or promoting biodegradable packaging options. 3. Education and Awareness: Customer Education: Raise awareness among customers about the importance of ocean conservation and the impacts of plastic pollution through educational campaigns

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

Sustainable Sourcing: Ensure that products sold in your stores are sourced from sustainable and responsible suppliers. This includes products such as paper, wood, and other natural resources. Choose suppliers certified by organizations like the Forest Stewardship Council (FSC) to ensure responsible forest management. Deforestation-Free Supply Chain: Commit to a deforestation-free supply chain by sourcing products that are produced without contributing to deforestation or habitat destruction. Avoid products containing palm oil sourced from unsustainable plantations that contribute to forest clearance. Promotion of Sustainable Products: Offer and promote products that are environmentally friendly and contribute to land conservation. This could include organic and locally sourced products, as well as products made from recycled materials.

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

Promoting Economic Stability: By streamlining retail processes and enhancing efficiency through your self-checkout system, Swinva Limited can contribute to economic stability. When businesses operate smoothly and profitably, it fosters stability within communities and reduces the likelihood of economic unrest or conflict. Supporting Fair Labor Practices: Ensure that your company follows fair labor practices both internally and within your supply chain. This includes providing fair wages, safe working conditions, and equal opportunities for all employees. By promoting fair labor practices, Swinva Limited can contribute to social justice and strengthen institutions that protect workers' rights. Combatting Corruption: Implement robust anti-corruption measures within your company's operations. Transparency in financial transactions, procurement processes, and partnerships can help prevent corruption and promote accountability.

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 with Retailers: Forge partnerships with retailers, supermarkets, hypermarkets, and convenience stores to implement your self-checkout system. By working closely with these businesses, Swinva Limited can help them improve efficiency, enhance customer experience, and stay competitive in the market. Technology Partnerships: Collaborate with technology providers to enhance your self-checkout system with cutting-edge features such as artificial intelligence, data analytics, and machine learning. By leveraging technological advancements, Swinva Limited can continuously improve its platform and deliver greater value to both retailers and customers. Integration with Payment Providers: Partner with payment providers to integrate secure and convenient payment options into your self-checkout system. By offering seamless payment solutions, Swinva Limited can enhance the overall checkout experience and increase customer satisfaction.

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

2

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.

7 - Strongly Agree

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.

2

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

2

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

1 - Strongly Disagree

06.08 Justification for my startup

06.09 Competitive Analysis

I'd say Amazon Go is our major competitor, but waht makes Swinva stands out is, unlike Amazon go which requires substantial investment in infrastructure, making it more suitable for large-scale retailers with significant capital, Swinva offers a more cost-effective solution suitable for a wide range of retail formats, including smaller stores like superettes and convenience stores.

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