Ethiopia - Startup under 3 years old

Describe your project or startup in a few words

Manufacturing of brake pad and brake lining manufacturing company that manufactures brake pad for light vehicle and brake lining for heavy duty vehicle from locally available raw materials. The production process is free from environmental pollution.

01.01 Describe your startup in more detail

My project is manufactured from locally available raw materials. The life period of my product is 20000-30000 km.It substitute the imported product. The price of the imported brake averagely $160, but my product is reduced by 50% from imported one. The product is prepared from organic raw material according to this more comfortable for braking of vehicles it is noiseless and more durable with it's braking ability.I manufactured it with standard thickness and dustless. My customers highly satisfied with my product because it's durable,low price and available at local garage.

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

I solve the problem that price for customer,dollar substitute, locally available

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

My product advantage are cheap price, available at local garage and durable.

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

Mechanics, drivers and car owner.

01.05 When was your company established?

2023-09-24

01.06 Are you already selling your product/service?

Yes

01.07 How many other owners are there within your startup?

0

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.)

There is no other owners in this TH max brake pad and lining Manufacturing compay

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

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://m.facebook.com/tigistu.alemayehu.5/&ved=2ahUKEwikhYKW9sSGAxXbSvEDHW-8KvYQFnoECBQQAQ&usg=AOvVaw27mVCmJwcAZCdsC9oBmMwz

01.11 Which industry best describes your project?

e) Secondary commodities (cars and parts, consumer durables and apparel, retail)

02.01.01 My startup contributes to the No poverty goal

6

02.01.02 No poverty - Justification for my startup

If the company planted the employer are created so no poverty appeared.

02.02.01 My startup contributes to the Zero hunger goal

5

02.02.02 Zero hunger - Justification for my startup

If the employers get the monthly salary to fullfil his or her needs so don't hunger also the family.

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

6

02.05.02 Gender equality - Justification for my startup

02.06.01 My startup contributes to the Clean water and sanitation goal

5

02.06.02 Clean water and sanitation - Justification for my startup

02.07.01 My startup contributes to the Affordable and clean energy goal

6

02.07.02 Affordable and clean energy - Justification for my startup

02.08.01 My startup contributes to the Decent work and economic growth

6

02.08.02 Decent work and economic growth - Justification for my startup

02.09.01 My startup contributes to the Industry innovation and infrastructure

5

02.09.02 Industry innovation and infrastructure - Justification for my startup

02.10.01 My startup contributes to the Reduced inequalities goal

6

02.10.02 Reduced inequalities - Justification for my startup

02.11.01 My startup contributes to the Sustainable cities and communities goal

5

02.11.02 Sustainable cities and communities - Justification for my startup

02.12.01 My startup contributes to the Responsible consumption and production goal

6

02.12.02 Responsible consumption and production - Justification for my startup

02.13.01 My startup contributes to the Climate action goal

5

02.13.02 Climate action - Justification for my startup

02.14.01 My startup contributes to the Life below water goal

2

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

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

5

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.

5

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

5

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

5

06.04 The product/service is an improvement on an existing product or service.

5

06.05 The product/service could be described as an extension of a range of products or services.

5

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.

6

06.08 Justification for my startup

06.09 Competitive Analysis

My main potential competitors are Asimaco china mintex and B2B my product advantages are low cost, available at local garage and noiseless at the time of braking.

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