Algeria - Startup under 3 years old

Describe your project or startup in a few words

Netformaw is a startup created by five young Algerians in February 2023. Our mission is to promote and democratize access to training while facilitating the dissemination of information.

01.01 Describe your startup in more detail

Netformaw is a startup created by five young Algerians in February 2023. Our mission is to promote and democratize access to training while facilitating the dissemination of information. Our innovative platform connects training schools with a varied audience, whether students or professionals. Additionally, we offer schools the opportunity to grow their customer base online, while professional coaches can monetize their expertise. Our goal is to revolutionize the world of learning by making training accessible to everyone, promoting the growth of schools and allowing experts to monetize their skills. We believe in the value of education and its transformative power, and we are determined to contribute to the evolution of learning in Algeria and beyond.

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

Our mission is to promote and democratize access to training while facilitating the dissemination of information. We strive to break down barriers that hinder individuals from accessing quality education and essential skills development. Through our platform, we aim to empower learners of all backgrounds by providing equitable opportunities to enhance their knowledge and capabilities. Central to our mission is the belief that education is a fundamental right that should be accessible to everyone, regardless of geographic location, socioeconomic status, or personal circumstances. By offering a diverse range of training programs and educational resources, we enable individuals to pursue their educational aspirations and professional goals. We are committed to leveraging technology to expand the reach of education, making learning more flexible, interactive, and engaging. Our platform harnesses the latest advancements in digital learning to deliver impactful training experience

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

We strongly believe that Netformaw offers a complete solution for training schools, professional coaches and learners, promoting growth, learning and success for all. What sets Netformaw apart and makes our platform attractive to users are the following: - Ease of Use: Netformaw is designed to be user-friendly, providing an intuitive and easy-to-navigate experience for users - Training security: We attach great importance to the security of your training. - Committed Team: We are a dedicated and passionate team, always ready to support our users and meet their needs. - commission based on effort: We offer a flexible commission model that rewards training schools and coaches based on their performance. Affordable studios at your service: Our recording studio is available to our partners at competitive rates, making it easy to create high-quality content. -Monetization of training: Thanks to Netformaw, you can effectively monetize your training and expertise

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

The e-Learning market in Algeria and the Maghreb has recorded significant expansion in recent years, mainly due to socio-economic changes and evolving needs in terms of professional training. The COVID-19 pandemic has also accentuated this trend by increasing demand for online learning solutions, and Netformaw is uniquely positioned to benefit. Size, Forecast Growth and Trends of the e-Learning Market: Market size: In 2022, the e-Learning market in Algeria was estimated at more than 7,000,000,000 DZD, with average annual growth exceeding 10%. This rapid growth is due to the increasing need for access to distance learning, both for individuals and businesses. The growing demand for specialized skills across various industries is pushing professionals and businesses to invest in online training to stay competitive.

01.05 When was your company established?

2023-01-02

01.06 Are you already selling your product/service?

Yes

01.07 How many other owners are there within your startup?

5

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.)

1.KARA Mounir, Master 2 industrial electrical engineering, Master 2. significant experience as manager of SARL Innobyte from 2017 to 2024, 2.Abdelakram Hafid has extensive experience in innovation and teaching, accumulating more than 8 years of experience both nationally and internationally. 3. mounir BEN SI SAID, has been Acquisition Manager at Heetch Algeria since January 2023 and Reliability and Monitoring Manager since 2024 of the global heetch team. 4. Samy OUAMRAN, Marketing and Communication Manager Marketing Director Master in Mechanical Construction at USTHB, Digital Marketer With six years of experience, specialized in the field of E-commerce, 5. TAZEROUT mohamed amine, Netformaw Founder co-founder of startup Netformaw and of the company Dz Artroom, with 5 years ofexperience as director of the company Dz artroom

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

https://netformaw.com/

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

7 - Strongly Agree

02.01.02 No poverty - Justification for my startup

Our mission is to promote and democratize access to training while facilitating the dissemination of information. We strive to break down barriers that hinder individuals from accessing quality education and essential skills development. Through our platform, we aim to empower learners of all backgrounds by providing equitable opportunities to enhance their knowledge and capabilities. Central to our mission is the belief that education is a fundamental right that should be accessible to everyone, regardless of geographic location, socioeconomic status, or personal circumstances. By offering a diverse range of training programs and educational resources, we enable individuals to pursue their educational aspirations and professional goals. We are committed to leveraging technology to expand the reach of education, making learning more flexible, interactive, and engaging. Our platform harnesses the latest advancements in digital learning to deliver impactful training experience

02.02.01 My startup contributes to the Zero hunger goal

2

02.02.02 Zero hunger - Justification for my startup

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

3

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

Our goal is to revolutionize the world of learning by making training accessible to everyone, promoting the growth of schools and allowing experts to monetize their skills. We believe in the value of education and its transformative power, and we are determined to contribute to the evolution of learning in Algeria and beyond

02.05.01 My startup contributes to the Gender equality goal

3

02.05.02 Gender equality - Justification for my startup

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

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

4

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

5

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

5

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

4

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

4

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

02.17.01 My startup contributes to the Partnerships for the goal

4

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.

4

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.

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.

4

06.08 Justification for my startup

06.09 Competitive Analysis

Netformaw operates in a competitive market, but it stands out thanks to several key factors that strengthen its positioning: -National Competitors: Direct national competitors include established companies offering online training services in Algeria, such as "FormationAlgérie" and "EduLearn". However, Netformaw stands out with its approach focused on flexibility, quality and a performance-based commission model, which gives it a unique competitive advantage. -International Competitors: Although the e-Learning market in Algeria is still emerging, Netformaw must also be aware of international competition. Global platforms such as Coursera, Udemy and edX operate in the region. However, Netformaw positions itself advantageously by offering region-specific training, integrating local experts, and providing a more personalized learning experience.

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