Nigeria - Startup under 3 years old

Describe your project or startup in a few words

Farmceries revolutionizes agricultural trade by connecting farmers, market vendors, and consumers through an innovative app, offering fresh produce, farm-related products, and sustainable goods, while improving logistics and reducing food wastage.

01.01 Describe your startup in more detail

Farmceries is a pioneering platform designed to revolutionize international agricultural trade. We address key challenges such as limited access to large markets, inefficiencies in agricultural logistics, and the hassles of traditional market shopping. Our app seamlessly connects farmers, market vendors, and consumers, allowing market vendors to purchase in bulk from farmers and consumers to buy directly from vendors. Our offerings extend beyond vegetables and fruits to include poultry, grains, pets, flowers, and sustainable products like woven baskets and wooden kitchen wares. We integrate real-time AI language translation for bargaining and negotiation, bringing the authentic market experience to users' fingertips. Embracing each element of the agricultural supply chain, Farmceries supports B2B and B2C models. We also provide hardware solutions, such as portable cooling systems for deliveries and innovative tagging for produce to inform consumers about their stages and uses.

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

Farmceries aims to tackle several critical challenges in the agricultural sector. The main problems we address include: 1.Limited Access to Large Markets: Farmers and market vendors often struggle to reach larger, more profitable markets, limiting their growth and income potential. 2.Inefficiencies in Agricultural Logistics: Traditional supply chains are plagued with inefficiencies that lead to delays, increased costs, and food wastage. 3.Hassles of Traditional Market Shopping: Consumers face challenges such as long queues, traffic, and the physical strain of shopping in traditional markets. 4.Food Wastage: Significant amounts of produce are wasted due to poor logistics and storage solutions.

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

1. Convenience and Accessibility:Farmceries provides a seamless shopping experience, allowing consumers to purchase fresh produce, farm animals, pets, and sustainable products from the comfort of their homes. This eliminates the need to navigate crowded markets and endure long queues, saving time and effort. 2. Support for Local Farmers and Market Vendors: Our platform empowers farmers and market vendors by giving them access to larger markets and facilitating bulk sales. This boosts their income potential and promotes economic growth within local communities. By not eliminating intermediaries, Farmceries embraces each element in the agricultural supply chain, ensuring everyone benefits. 3. Reduction of Food Wastage:By streamlining agricultural logistics and implementing efficient delivery systems, including the use of electric scooters for sustainable delivery, Farmceries helps reduce food wastage.

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

1.Consumers: Our platform targets busy individuals and families who seek a convenient, hassle-free shopping experience for fresh produce, farm animals, pets, and sustainable products. This includes urban residents, health-conscious shoppers, and those looking for eco-friendly alternatives. 2. Local Farmers:We empower smallholder farmers by providing them with access to larger markets and facilitating bulk sales. This increases their income potential and promotes economic growth within their communities. 3. Market Vendors: Farmceries supports market vendors by allowing them to reach a broader customer base through our app. This helps them grow their businesses and compete more effectively in the marketplace. 4. Business Partners: We offer an opportunity for individuals and businesses to partner with us by investing in electric scooters for delivery,creating an additional revenue stream for them while contributing to sustainable logistics.

01.05 When was your company established?

2024-01-13

01.06 Are you already selling your product/service?

Yes

01.07 How many other owners are there within your startup?

3

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.)

CTO: Balogun Basit Basit, our Chief Technology Officer, is a problem-solving enthusiast with a strong foundation in software development and a passion for leveraging technology to address complex challenges. With a track record of building scalable and reliable software solutions, Basit excels in architecting robust platforms that meet the dynamic needs of users. Basit's proactive approach and eagerness to learn new technologies ensure that Farmceries remains at the forefront of technological innovation in the agritech sector. COO: Fadeyi David David, is the driving force behind Farmceries' day-to-day operations. Known for his consistency, dedication, and tireless work ethic, David excels in operational management and execution. With a background in logistics and supply chain management, he ensures that our processes run smoothly from procurement to delivery. His hands-on approach and ability to get things done efficiently have been crucial in scaling our operations.

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/ourfarmceries?igsh=ZGUzMzM3NWJiOQ==

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

1 - Strongly Disagree

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

Farmceries contributes to achieving Zero Hunger by facilitating direct farmer-to-consumer transactions, reducing food wastage through optimized logistics, supporting local agriculture, providing access to nutritious food options, and promoting education about nutrition and sustainable farming practices. These efforts aim to strengthen food security and combat hunger by ensuring fair prices for farmers, reducing spoilage, offering diverse food choices, and raising awareness about healthy eating and sustainable farming.

02.03.01 My startup contributes to the Good health and well-being goal

1 - Strongly Disagree

02.03.02 Good health and well-being - Justification for my startup

02.04.01 My startup contributes to the Quality education goal

1 - Strongly Disagree

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

3

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

Farmceries contributes to Goal 8 by creating economic opportunities for farmers, market vendors, and delivery riders through its platform. By enhancing market access, providing fair trade practices, and supporting local economies, Farmceries helps generate income and employment opportunities. This contributes to building resilient infrastructure, promoting inclusive and sustainable industrialization, and fostering innovation, which are key components of SDG 8.

02.09.01 My startup contributes to the Industry innovation and infrastructure

3

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

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification for my startup

1.Reducing Food Waste: Farmceries connects farmers directly with consumers and market vendors, minimizing inefficiencies in the supply chain and ensuring produce is sold and consumed before it spoils. 2.Promoting Sustainable Practices: The platform encourages farmers to adopt sustainable agricultural methods, promoting organic farming and reducing the use of harmful chemicals and fertilizers. 3.Offering Diverse Products: In addition to fresh produce, Farmceries offers farm animals, pets, flowers, and sustainable products like woven baskets. This variety supports responsible consumption by providing eco-friendly alternatives. 4.Consumer Education: Farmceries educates consumers about the environmental impact of their food choices, empowering them to make sustainable decisions.

02.13.01 My startup contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification for my startup

Farmceries contributes to Goal 13 of the United Nations Sustainable Development Goals (SDGs), which focuses on climate action, in the following ways: 1.Reducing Carbon Footprint: By promoting local sourcing and reducing the distance food travels from farm to consumer, Farmceries minimizes carbon emissions associated with transportation. 2.Supporting Sustainable Farming: The platform encourages farmers to adopt climate-smart agricultural practices such as agroforestry, crop rotation, and water conservation, which mitigate climate change impacts. 3.Educating Stakeholders: Farmceries educates farmers and consumers about the importance of climate action and provides information on sustainable farming techniques that enhance resilience to climate change. 4.Promoting Renewable Energy: Farmceries integrates electric scooters for deliveries, reducing reliance on fossil fuels and supporting the adoption of renewable energy in logistics operations.

02.14.01 My startup contributes to the Life below water goal

3

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

3

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

Farmceries fosters partnerships between farmers, market vendors, and consumers, aiming to build resilient infrastructure and promote inclusive and sustainable economic growth.

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

1 - Strongly Disagree

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

1 - Strongly Disagree

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

4

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.

1 - Strongly Disagree

06.08 Justification for my startup

Farmceries justifies its existence by addressing a demand for fresh produce and agricultural products that is underserved by traditional markets and existing online platforms. Unlike typical grocery delivery services, Farmceries integrates local languages, facilitates direct farmer-to-consumer and business-to-business transactions, and offers a wide range of products beyond just fruits and vegetables. This unique approach meets the needs of both urban consumers seeking convenience and rural farmers seeking expanded market access. By focusing on inclusivity, accessibility, and sustainable practices, Farmceries ensures it fills a niche that conventional marketplaces and delivery services have not fully tapped into.

06.09 Competitive Analysis

Farmceries' competitive advantages include: 1. Wide Range of Products:Unlike competitors like Chowdeck and Grocedy, Farmceries offers not only fresh produce but also farm-related products like pets, flowers, and sustainable items. 2. Sachetization:Farmceries allows consumers to buy in smaller quantities, addressing a market need for flexible purchasing options not offered by traditional retailers. 3. Local Language Integration:By incorporating local languages into its platform, Farmceries enhances accessibility for a broader range of users, including those less familiar with technology. 4. B2B and B2C Models:Farmceries facilitates transactions between market vendors and consumers, fostering a comprehensive marketplace that benefits both parties. 5. Electric Scooter Delivery:Farmceries utilizes electric scooters for sustainable and efficient delivery, aligning with environmental goals while enhancing operational efficiency.

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

I've set up businesses for all of my female friends.