Nigeria - Business creation project

Décrivez votre projet en quelques mots

Suspak Co focuses on developing safe and hygienic packaging for food products that is 100% sustainable. Our proprietary technology upcycles agricultural and textile wastes into paper plates, straws, & other foodservice packaging.

01.01 Décrivez votre projet en détail

Suspak Co is on a mission to solve this problem, by replacing petroleum-based single-use plastics and tree-made paper packaging with wastes. We repurpose agricultural and textile waste onto novel, eco-friendly packaging that provides viable and earth conscious alternative to conventional paper and cardboard. We stand for the fact that the trees should stay in the forest and not be cut down for single-use papers. We design and produce our products from a combination of fibrous materials, such as fabric offcuts, and natural fibers like sugarcane waste, pineapple peels, cassava peels or wheat husk; and with our chemical-free pulping process, we create high quality compostable food packaging products with little water while eliminating landfill waste and building reputable eco brand value. Serving industries such as food, coffee, tea, and more, we are dedicated to revolutionizing the food packaging industry by offering tailored solutions that meet the packaging needs of our customers

01.02 Quel est le problème principal que vous essayez de résoudre ?

Every year, approximately 261 billion single-use foodservice items are used in the Nigeria alone. Plastic waste is one of the most significant environmental challenges of our time, and the restaurant industry is a major contributor to this problem. As the food-on-the-go market continues to rise, the industry generates an enormous amount of plastic waste every year, from single-use utensils and containers to straws and packaging. As this industry continues to grow and become eco-conscious, with paper and cardboard packaging gaining attention. Paper and cardboard, while accessible and inexpensive as a packaging material, comes with a hefty environmental price tag. Manufacturing it is thirsty work, devouring vast amounts of water, energy, and chemicals, and leading to deforestation, greenhouse gas emissions, and pollution. To top it off, touted as biodegradable and recyclable, only 54% of discarded paper and cardboard actually ends up becoming paper again.

01.03 Dites-nous quels sont les principaux avantages et/ou bénéfices de l'utilisation du produit/service que vous souhaitez fournir par votre projet (au moins 3).

By collecting waste and up-valuing them into packaging items, we aim to reduce Plastic production & Pollution, while preventing methane emission from agri-waste and fabric waste that end up in landfills. Our process of making tree-free paper has lesser energy consumption and can reduce up to 780kWh on each ton of paper produced, reducing 520 cubic feet of natural gas and 40% water used in our production, in comparison to tree pulp paper production. Our products are also lightweight, helping to reduce C02 emissions in transportation Our Paper packaging is a versatile material that can be easily molded and shaped to fit various needs; thereby being customized for unique food brands that maintain a commitment to sustainability. Many consumers are increasingly environmentally conscious, and choosing paper packaging can enhance a company’s image by aligning with eco-friendly values. This can positively influence consumer perception and lead to increased customer loyalty.

01.04 Veuillez décrire précisément à qui s'adressera le produit/service de votre projet. Quels sont les bénéficiaires visés ?

This target group has a 65 percent of ownership type as sole proprietorship, employing between 10 to 30 people and According to SMEDANN, age bracket showed between, 24-50-year-old (with an average of 33y.o dominates), hence youth entrepreneurs are dominant. According to Nigeria Bureau of Statistics, The total number of Food service SMBs in Nigeria as at 2013 stood at 16, 236,000 with female entrepreneurs accounting for 43.32% in the ownership structure of micro enterprises as against 22.75% in small and medium enterprises. The average yearly revenue for this customer group is recorded at 25, 000,000 ($16666). The main challenges confronting the operations of these businesses in Nigeria are poor options of sustainable practices, inconsistency in government policies, poor support business development services, and obsolete technology

01.05 Quand avez-vous commencé à travailler sur votre projet ?

10/04/2024

01.06 Combien y a-t-il de propriétaires sur votre projet en plus de vous ?

3

01.07 Parmi les autres propriétaires, combien sont des femmes ?

2

01.08 Veuillez décrire le profil des autres propriétaires de votre projet (compétences, expérience, etc.).

With my 12 years expertise in starting and running a business, and a degree in Entrepreneurial Management, I lead the company vision and resources to achieve our goal. My team members; Olayinka Saminu (F) has a background in Material Science and with 2 years of experience in a packaging firm. She will manage the day-to-day operations of our company. With 4 years of sales experience and a degree in Psychology, Keji Olabide(F), our Sales Lead is responsible for facilitating sales and Tobi Makinde(M) is our Cost Controller. He is a certified accountant with 3 years’ experience. His role is to keep the financial record and control us spend to make us profitable. Cumulatively, we have over 21 years of industry experience, and supported by a board of advisors with over 53 years of business expertise ranging from sustainability management to management consulting, we are properly positioned to solve this problem we are all passionate about.

01.09 Si vous avez un site web, une page sur les médias sociaux (Facebook, Instagram, Linkedin...) ou une application, veuillez fournir le(s) lien(s) ici :

01.10 Quel est le secteur d'activité qui décrit le mieux votre projet ?

b) Matériaux (agriculture, pêche, produits chimiques, matériaux de construction, conteneurs et emballages, métaux et mines, papier et produits forestiers)

02.01.01 Mon projet contribue à l'objectif 'Pas de pauvreté'

4

02.01.02 Justification de la contribution de mon projet

We are improving the livelihood of smallholder farmers that we buy agricultural waste from, thereby adding to their income and lifting them out of poverty

02.02.01 Mon projet contribue à l'objectif 'Faim Zéro'

7 - Tout à fait d'accord

02.02.02 Justification de la contribution de mon projet

We are a key actor within the food systems and the agricultural value chain. Without packaging, nutritious food will not get to customers when needed

02.03.01 Mon projet contribue à l'objectif 'Bonne Santé et Bien Être'

5

02.03.02 Justification de la contribution de mon projet

By working with businesses that sell nutritious food and preserving foods in airtight paper pouches, we are preserving the micronutrients in these food, thereby giving health and wellness to the consumers

02.04.01 Mon projet contribue à l'objectif 'Éducaiton de Qualité'

4

02.04.02 Justification de la contribution de mon projet

We aim to run training for youths on our technology

02.05.01 Mon projet contribue à l'objectif 'Égalité entre les Sexes'

6

02.05.02 Justification de la contribution de mon projet

We are a women-founded, women led startup, and we maintain a balanced team of male and female; with female constituting about 70% of our management team

02.06.01 Mon projet contribue à l'objectif 'Eau Propre et Assainissement'

5

02.06.02 Justification de la contribution de mon projet

With our process conserving and reducing water use by 40%

02.07.01 Mon projet contribue à l'objectif 'Énergie Propre et Abordable'

4

02.07.02 Justification de la contribution de mon projet

02.08.01 Mon projet contribue à l'objectif 'Travail Décent et Croissance Économique'

5

02.08.02 Justification de la contribution de mon projet

With the aim of creating employment for 15 youths in our business, we are promoting sustainable economic growth

02.09.01 Mon projet contribue à l'objectif 'Industrie, Innovaiton et Infrastructure'

4

02.09.02 Justification de la contribution de mon projet

02.10.01 Mon projet contribue à l'objectif 'Réduction des Inégalités'

4

02.10.02 Justification de la contribution de mon projet

02.11.01 Mon projet contribue à l'objectif 'Villes et Communautés Durables'

7 - Tout à fait d'accord

02.11.02 Justification de la contribution de mon projet

By creating biodegradable packaging alternative, we reduce the amount of packaging waste that will end up in landfill, littering the streets or swimming in our ocean

02.12.01 Mon projet contribue à l'objectif 'Consommation et Production Responsable'

7 - Tout à fait d'accord

02.12.02 Justification de la contribution de mon projet

We design and produce our products from a combination of fibrous materials, such as fabric offcuts, and natural fibers like sugarcane waste, pineapple peels, cassava peels or wheat husk, creating a circular economy that ensures nothing goes to waste

02.13.01 Mon projet contribue à l'objectif 'Luttle contre les Changements Climatiques'

7 - Tout à fait d'accord

02.13.02 Justification de la contribution de mon projet

By collecting waste and up-valuing them into packaging items, we aim to reduce Plastic production & Pollution, while preventing methane emission from agri-waste and fabric waste that end up in landfills.

02.14.01 Mon projet contribue à l'objectif 'Vie Sous-Marine'

6

02.14.02 Justification de la contribution de mon projet

By creating biodegradable packaging alternative, we reduce the amount of packaging waste that will end up in landfill, littering the streets or swimming in our ocean

02.15.01 Mon projetp contribue à l'objectif 'Vie Terrestre'

4

02.15.02 Justification de la contribution de mon projet

02.16.01 Mon projet contribue à l'objectif 'Paix, Justice et Institutions Efficaces'

4

02.16.02 Justification de la contribution de mon projet

02.17.01 Mon projet contribue à l'objectif 'Parteneriats pour la Réalisation des Objectifs'

4

02.17.02 Justification de la contribution de mon projet

05.01 Il existe un grand nombre de clients qui utilisent déjà un produit/service très similaire à celui que nous envisageons de créer.

7 - Tout à fait d'accord

05.02 Le produit/service que nous voulons créer représente un type de produit/service entièrement nouveau

5

05.03 Le produit/service que nous voulons créer pourrait être décrit comme une nouvelle technologie

4

05.04 Le produit/service que nous voulons créer est une amélioration d'un produit ou d'un service existant

7 - Tout à fait d'accord

05.05 Le produit/service que nous voulons créer pourrait être décrit comme une extension d'une gamme de produits ou de services

3

05.06 Le produit/service que nous voulons créer répond à une demande ou à un besoin qui n'a pas été satisfait par d'autres produits/services.

7 - Tout à fait d'accord

05.07 Le produit/service que nous voulons créer est une nouvelle version d'un ancien produit/service

7 - Tout à fait d'accord

05.08 Justification de mon projet

Paper and cardboard packaging is gaining attention. Paper and cardboard, while accessible and inexpensive as a packaging material, comes with a hefty environmental price tag. Manufacturing it is thirsty work, devouring vast amounts of water, energy, and chemicals, and leading to deforestation, greenhouse gas emissions, and pollution. To top it off, touted as biodegradable and recyclable, only 54% of discarded paper and cardboard actually ends up becoming paper again. Our option reduces the amount of resources needed and improves upon the existing technology of making paper packaging

05.09 Qui sont vos principaux potentiels concurrents et qu'est-ce qui vous différencie d'eux ?

Paper making companies that use tree pulp as raw materials.

10.06 Menez-vous des actions au sein de votre communauté pour promouvoir le rôle des femmes entrepreneurs ?

Yes, with my women led startup, we are promoting gender involvement in key decision making and inclusion