Nigeria - Startup under 3 years old

Describe your project or startup in a few words

Imagine a network that generates its own clean electricity, powering your homes and businesses even during outages. That's the beauty of microgrids – self-contained power systems that operate independently or connect to the main grid.

01.01 Describe your startup in more detail

con Tonnage is a Nigerian startup that has established itself as a key player in the country's oil and gas, energy, and mining industries. The startup's primary objective is to provide innovative solutions and services that cater to the specific needs of these sectors. By doing so, Icon Tonnage aims to contribute significantly to Nigeria's economic growth and development. Focus on the Energy Sector Within the energy sector, Icon Tonnage has identified opportunities to make a meaningful impact. The startup is committed to developing and implementing sustainable energy solutions that can help reduce Nigeria's reliance on fossil fuels and mitigate the environmental impact of energy production. This focus on sustainability aligns with global trends and the Nigerian government's efforts to increase the use of renewable energy sources. Services and Solutions Icon Tonnage offers a range of services and solutions tailored to the energy sector. These include: Renewable Energy Systems: The start

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

Environmental Impact of Energy Production: Icon Tonnage is tackling the environmental impact of energy production by offering renewable energy solutions. The startup's focus on sustainable energy sources like solar, wind, and hydroelectric power aims to reduce reliance on fossil fuels and lower greenhouse gas emissions. By promoting energy efficiency and the use of clean fuels like liquefied natural gas (LNG), Icon Tonnage is working towards mitigating the environmental footprint of energy generation in Nigeria. Energy Access and Reliability: In a country like Nigeria where energy access can be unreliable, Icon Tonnage is addressing the need for stable and accessible energy solutions. By providing energy storage systems and efficient energy distribution, the startup is enhancing energy reliability for businesses and communities. Technological Innovation in Energy:Icon Tonnage is at the forefront of technological innovation in the energy sector. By incorporating advanced solutions like

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

Enhanced Energy Security: Icon-Tonnage's microgrids can provide reliable and independent power to remote or underserved communities, businesses, and factories. This reduces dependence on the main grid, mitigating the impact of blackouts and power outages. Clean Energy Integration: Microgrids can incorporate renewable energy sources like solar panels and wind turbines, allowing communities and factories to reduce their carbon footprint and reliance on fossil fuels. Cost Savings: Over time, microgrids can potentially lower energy costs for users by generating power locally and reducing dependence on the main grid, especially during peak demand periods. Economic Development: Icon-Tonnage's microgrid installations can create jobs in construction, maintenance, and operation, stimulating local economies. Improved Quality of Life: Reliable access to electricity empowers communities and factories. This can lead to improved healthcare access through refrigeration, extended business hour

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

. Remote or Underserved Communities: Primary Beneficiaries: Residents of remote villages, off-grid communities, and areas with unreliable access to electricity from the main grid. Benefits: Enhanced energy security, improved quality of life through reliable power for lighting, appliances, and potentially healthcare refrigeration. Increased opportunities for education and economic development.Businesses and Factories: Primary Beneficiaries: Industrial facilities, factories, and businesses located in areas with unreliable grid power or high energy costs. Benefits: Reduced dependence on the main grid, potentially lowering energy costs and mitigating disruptions. Improved operational efficiency with reliable power supply for machinery and equipment. Potential for showcasing commitment to clean energy practices. 3. The Nigerian Government and Development Agencies: Primary Beneficiaries: Government entities focused on rural development, energy access, and clean energy initiatives.

01.05 When was your company established?

2021-06-01

01.06 Are you already selling your product/service?

No

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.)

Icon-Tonnage Limited isn't just another startup; it's a potent blend of youthful enthusiasm, academic brilliance, and seasoned business acumen. Led by Innocent Chinlereobi Obed, Daniel Enyinnaya Innocent, and Amadi Chidinma, this Nigerian powerhouse is poised to revolutionize the nation's energy landscape. Innocent Chinlereobi Obed: The Mining Marvel (University of Jos) On the cusp of graduating with a degree in Mining Engineering from the prestigious University of Jos, Innocent embodies the spirit of a future leader in the resources sector. His passion for resource development, coupled with a keen understanding of responsible mining practices, makes him an invaluable asset to Icon-Tonnage. Skills & Expertise: In-depth knowledge of geological surveys and mineral resource assessment. Understanding of mining engineering principles and extraction technologies. Awareness of environmental regulations and responsible mining practices. Role at Icon-Tonnage: Will contribute to potential fut

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?

a) Energy (equipment, services, sustainable energy and fuel)

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

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

7 - Strongly Agree

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

7 - Strongly Agree

02.13.02 Climate action - Justification for my startup

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

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

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.

1 - Strongly Disagree

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.

7 - Strongly Agree

06.08 Justification for my startup

06.09 Competitive Analysis

Oil & Gas: Established players dominate exploration, production, and refining. Icon-Tonnage differentiates itself through: Focus on agility & efficiency as a new entrant. Strategic partnerships to access expertise and market access. Microgrids: Existing firms and NGOs offer microgrid solutions. Icon-Tonnage stands out by: Combining energy & resources expertise (mining for potential battery storage). Focus on local capacity building for long-term sustainability. Technology Adoption: Icon-Tonnage plans to prioritize cutting-edge technologies in exploration, production, and microgrid management, potentially offering greater efficiency and environmental benefits

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