Nigeria - Startup under 3 years old
Individual
participation
RUN
Making last-mile delivery easy for Africans and their businesses
Documents
RUN
Describe your project or startup in a few words
Making last-mile delivery easy for Africans and their businesses
01.01 Describe your startup in more detail
RUN uses technology to automate, aggregate & optimize short distance & intra city logistics for businesses. RUN connects businesses to the closest dispatch bike, aggregate their multiple delivery and provides real-time oversight from pickup to drop off.
01.02 What is the main problem you are trying to solve?
Annually over $60B is spent on last mile logistics in Africa by businesses, however about $5B is then lost in revenue to the inefficiency of the same service, which are; *Decentralized/fragmented nature of the last mile logistics Industry. *Highly manual & inefficient processes. *Fixed & Unfavorable pricing model. *Inefficiency/lack of structure in the space. *Limited express delivery service. Businesses across Africa are disenfranchised by this problems above and are victims/casualties of the inefficiency and lack of structure in the last mile/small parcel logistics space.
01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).
*Easy and seamless accessibility to delivery services. * Scheduling automation * Flexible and affordable pricing * Real time overtime on goods in transit
01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?
Kate, 27 Years. A Skin care entrepreneur. She Produces and distributes skin care products nationwide. She is one of the businesses representing SMEs Faced with challenges of getting her products to her customers
01.05 When was your company established?
2021-08-30
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?
2
01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)
Abisola - 6 years in Financial reporting, data analytics, process design, market research, strategy development, and project management. Adaobi - 6 years in Business Strategy, Operations and Analytics. Pharmaceutical Regulatory Affairs, Compliance and Market Access. Tosin - 4+ years experience in product and project management, and software development in the fintech space.
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?
c) Industry (equipment, commercial, logistical and professional services, transport)
02.01.01 My startup contributes to the No poverty goal
7 - Strongly Agree
02.01.02 No poverty - Justification for my startup
Our delivery agents are able to start their logistics business with zero capital
02.02.01 My startup contributes to the Zero hunger goal
7 - Strongly Agree
02.02.02 Zero hunger - Justification for my startup
Our partners – riders and agents have converted their idle time to do 3x their monthly average wages.
02.03.01 My startup contributes to the Good health and well-being goal
4
02.03.02 Good health and well-being - Justification for my startup
Not answered02.04.01 My startup contributes to the Quality education goal
4
02.04.02 Quality education - Justification for my startup
Not answered02.05.01 My startup contributes to the Gender equality goal
6
02.05.02 Gender equality - Justification for my startup
Gender balanced leadership team, up to 50% of our team are female.
02.06.01 My startup contributes to the Clean water and sanitation goal
4
02.06.02 Clean water and sanitation - Justification for my startup
Not answered02.07.01 My startup contributes to the Affordable and clean energy goal
4
02.07.02 Affordable and clean energy - Justification for my startup
Not answered02.08.01 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
Riders who are typically known as uneducated, unprofessional and prone to fraud are now professionals. We will impact 5000 rider families by 2025.
02.09.01 My startup contributes to the Industry innovation and infrastructure
4
02.09.02 Industry innovation and infrastructure - Justification for my startup
Not answered02.10.01 My startup contributes to the Reduced inequalities goal
4
02.10.02 Reduced inequalities - Justification for my startup
Not answered02.11.01 My startup contributes to the Sustainable cities and communities goal
4
02.11.02 Sustainable cities and communities - Justification for my startup
Not answered02.12.01 My startup contributes to the Responsible consumption and production goal
4
02.12.02 Responsible consumption and production - Justification for my startup
Not answered02.13.01 My startup contributes to the Climate action goal
7 - Strongly Agree
02.13.02 Climate action - Justification for my startup
Our trips aggregation technology saves the environment 270 metric ton of C02 annually. Our dispatch bike financing plan, starting this year, will be committed to acquiring eco-friendly bikes. Moving Africa without harming Africa.
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
Not answered02.15.01 My startup contributes to the Life on land goal
1 - Strongly Disagree
02.15.02 Life on land - Justification for my startup
Not answered02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal
1 - Strongly Disagree
02.16.02 Peace Justice and Strong Institutions- Justification for my startup
Not answered02.17.01 My startup contributes to the Partnerships for the goal
3
02.17.02 Partnerships for the goal - Justification for my startup
Not answered06.01 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.
4
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.
4
06.05 The product/service could be described as an extension of a range of products or services.
4
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.
5
06.08 Justification for my startup
Not answered06.09 Competitive Analysis
The Competitive space is across 4 major verticals. which are; Asset heavy & Direct/Vertically Integrated model, then there is the Aggregator model & Asset light model, this is where RUN will dominate, providing access to thousands of riders, driven by the best technology and customer experience possible, enabling businesses to process large volumes of orders and penetrate new markets with ease.
11.05 Are you initiating actions within your community to promote the role of female entrepreneurs?
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