Nigeria - Startup under 3 years old

Décrivez votre projet en quelques mots

MarketGrid provides affordable, reliable electricity through our AI-controlled solar micro-grids to empower small businesses within market clusters in Nigeria, promoting sustainable economic growth and environmental sustainability.

01.01 Décrivez votre startup en détail

MarketGrid, developed by Boost Power Technologies Ltd is a clean energy initiative aimed at solving the electricity challenges faced by small and medium-sized enterprises (MSMEs) in Nigeria. Our solar microgrids provide reliable, affordable, and sustainable energy using a Pay-As-You-Go model, enabling businesses to operate efficiently and extend their hours. Utilizing AI and IoT technologies, our microgrids optimize energy distribution and minimize maintenance costs. We also empower local entrepreneurs by providing them with the tools and support to establish and operate their own microgrids, fostering economic growth and environmental sustainability.

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

MarketGrid aims to address the limited access to reliable, affordable, and clean energy for over 37 million MSMEs in Nigeria. Many of these businesses rely on costly and polluting petrol generators, which can cost up to ₦500 daily, totaling ₦182,500 annually per business. This reliance hampers their growth and impacts their health. Our solution provides a sustainable alternative through solar microgrids, reducing dependency on fossil fuels, lowering operational costs by up to 40%, and enhancing business productivity. This shift not only improves economic outcomes for these enterprises but also contributes to reducing CO2 emissions by over 3,000,000 grams annually and fostering a healthier environment.

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

-Reliable and Affordable Energy: Our Pay-As-You-Go solar microgrids provide consistent and cost-effective electricity, reducing operational costs for MSMEs by up to 40%. -Environmental Sustainability: By leveraging solar energy, we reduce dependence on fossil fuels, cutting down CO2 emissions by over 3,000,000 grams annually and promoting a cleaner environment. -Economic Empowerment: Our solution boosts business productivity and revenue, enabling MSMEs to grow and invest in their communities. Additionally, we provide tools and training to local entrepreneurs to manage their own microgrids.

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

MarketGrid primarily serves small and medium-sized enterprises (MSMEs) in Nigeria, particularly those in market clusters and rural communities with limited access to reliable electricity. Our current beneficiaries include over 45 shop owners, small-scale manufacturers, and service providers who rely on consistent energy for their daily operations. We also aim to empower local entrepreneurs by providing them with the resources to establish and manage their own solar microgrids, thus expanding our impact and fostering community development.

01.05 Quand votre entreprise a-t-elle été créée ?

22/02/2023

01.06 Vendez-vous déjà votre produit/service ?

Oui

01.07 Combien y a-t-il de propriétaires de votre entreprise en plus de vous ?

2

01.08 Parmi les autres propriétaires, combien sont des femmes ?

1

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

Esther Bamiduro, Co-founder and Head of Marketing, is a marketing expert and social impact leader. With a background as a former marketing manager at Bams Digital, she excels in community engagement and communications, ensuring our solutions reach and resonate with our target audience. Donaldson Okoye, Co-founder and Head of Operations, is an exceptional operations manager with a track record of success. He previously built and operated Fixbot, a vehicle diagnosis startup, showcasing his entrepreneurial spirit and operational acumen. Donaldson’s expertise ensures efficient and effective management of our microgrid operations.

01.10 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 :

https://www.linkedin.com/company/boostpowerafrica/ https://boostpower.co

01.11 Quel est le secteur d'activité qui décrit le mieux votre entreprise ?

Énergie (équipements, services, énergie durable et fossiles)

02.01.01 Ma startup contribue à l'objectif 'Pas de pauvreté'

7 - tout à fait d'accord

02.01.02 Justification de la contribution de ma startup

MarketGrid helps reduce poverty by enabling MSMEs to access affordable and reliable energy, increasing their productivity and profitability by up to 40%. This economic empowerment allows business owners to improve their livelihoods, invest in education and healthcare, and create job opportunities within their communities, thereby lifting people out of poverty.

02.02.01 Ma startup contribue à l'objectif 'Faim Zéro'

6

02.02.02 Justification de la contribution de ma startup

By providing reliable energy, MarketGrid supports agricultural businesses and food vendors in preserving and processing food, reducing spoilage by up to 30%, and increasing food security. This stability helps ensure a consistent food supply, contributing to the fight against hunger in our communities.

02.03.01 Ma startup contribue à l'objectif 'Bonne Santé et Bien Être'

7 - tout à fait d'accord

02.03.02 Justification de la contribution de ma startup

MarketGrid reduces reliance on polluting petrol generators, cutting down harmful emissions by over 3,000,000 grams of CO2 annually and improving air quality. This leads to better respiratory health and overall well-being for community members. Additionally, our clean energy solutions support health facilities by providing reliable power for critical medical equipment.

02.04.01 Ma startup contribue à l'objectif 'Éducation de Qualité'

3

02.04.02 Justification de la contribution de ma startup

02.05.01 Ma startup contribue à l'objectif 'Égalité entre les Sexes'

7 - tout à fait d'accord

02.05.02 Justification de la contribution de ma startup

MarketGrid promotes gender equality by actively involving women in leadership and operational roles within our team. We also prioritize support for women-led businesses and entrepreneurs, providing them with access to clean energy solutions and business development resources, thereby empowering them economically and socially.

02.06.01 Ma startup contribue à l'objectif 'Eau Propre et Assainissement'

2

02.06.02 Justification de la contribution de ma startup

02.07.01 Ma startup contribue à l'objectif 'Énergie Propre et Abordable'

7 - tout à fait d'accord

02.07.02 Justification de la contribution de ma startup

MarketGrid directly addresses the need for affordable and clean energy by providing solar microgrids to MSMEs. Our Pay-As-You-Go model ensures that energy is accessible and affordable, reducing reliance on fossil fuels and promoting sustainable energy practices in Nigeria. Each microgrid installation prevents over 3,000,000 grams of CO2 emissions annually.

02.08.01 Ma startup contribue à l'objectif 'Travail Décent et Croissance Économique'

7 - tout à fait d'accord

02.08.02 Justification de la contribution de ma startup

MarketGrid fosters economic growth by enabling MSMEs to operate efficiently and extend their working hours. This increased productivity leads to higher revenues and the creation of more job opportunities. Our training and support for local entrepreneurs further stimulate economic activity and sustainable development.

02.09.01 Ma startup contribue à l'objectif 'Industrie, Innovation et Infrastructure'

7 - tout à fait d'accord

02.09.02 Justification de la contribution de ma startup

MarketGrid leverages AI and IoT technologies to create innovative energy solutions that improve the efficiency and reliability of power distribution. Our microgrids enhance infrastructure in underserved areas, supporting industrial activities and fostering innovation through sustainable energy practices.

02.10.01 Ma startup contribue à l'objectif 'Réduction des Inégalités'

7 - tout à fait d'accord

02.10.02 Justification de la contribution de ma startup

MarketGrid helps reduce inequalities by providing equal access to reliable and affordable energy for all MSMEs, regardless of their location. We actively support marginalized communities, including women-led businesses, ensuring they benefit from our clean energy solutions and business support services.

02.11.01 Ma startup contribue à l'objectif 'Villes et Communautés Durables'

7 - tout à fait d'accord

02.11.02 Justification de la contribution de ma startup

MarketGrid contributes to sustainable cities and communities by providing clean energy solutions that reduce pollution and improve the quality of life. Our microgrids enhance energy security, support local businesses, and foster community resilience by enabling economic growth and environmental sustainability.

02.12.01 Ma startup contribue à l'objectif 'Consommation et Production Responsables'

4

02.12.02 Justification de la contribution de ma startup

02.13.01 Ma startup contribue à l'objectif 'Lutte contre les Changements Climatiques'

7 - tout à fait d'accord

02.13.02 Justification de la contribution de ma startup

MarketGrid takes urgent action to combat climate change by providing solar energy solutions that significantly reduce CO2 emissions. Each microgrid installation prevents over 3,000,000 grams of CO2 emissions annually, contributing to global efforts to mitigate climate change and promoting sustainable development practices.

02.14.01 Ma startup contribue à l'objectif 'Vie Sous-Marine'

3

02.14.02 Justification de la contribution de ma startup

02.15.01 Ma startup contribue à l'objectif 'Vie Terrestre'

6

02.15.02 Justification de la contribution de ma startup

Our efforts help preserve terrestrial ecosystems, reduce deforestation for fuel, and promote sustainable land use practices through our clean energy solutions.

02.16.01 Ma startup contribue à l'objectif 'Paix, Justice et Institutions Efficaces'

4

02.16.02 Justification de la contribution de ma startup

Our initiatives support strong institutions by enabling reliable energy access for public services and businesses, contributing to community resilience and social cohesion.

02.17.01 Ma startup contribue à l'objectif 'Parteneriats pour la Réalisation des Objectifs'

7 - tout à fait d'accord

02.17.02 Justification de la contribution de ma startup

MarketGrid actively collaborates with local governments, NGOs, and international organizations to scale our impact and reach more communities. These partnerships enhance our ability to provide clean energy solutions, support economic development, and promote sustainable practices in alignment with global development goals.

06.01 Un grand nombre de clients utilisent déjà un produit/service très similaire au nôtre.

4

06.02 Notre produit/service représente un type de produit/service entièrement nouveau

6

06.03 Notre produit/service pourrait être décrit comme une nouvelle technologie

7 - Tout à fait d'accord

06.04 Notre produit/service est une amélioration d'un produit ou d'un service existant

7 - Tout à fait d'accord

06.05 Notre produit/service pourrait être décrit comme une extension d'une gamme de produits ou de services

5

06.06 Notre produit/service 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

06.07 Notre produit/service est une nouvelle version d'un ancien produit/service

6

06.08 Justification

MarketGrid leverages cutting-edge AI and IoT technologies to optimize energy distribution and minimize maintenance costs, setting us apart from traditional energy solutions. Our Pay-As-You-Go model and comprehensive support tools empower local entrepreneurs to manage their own microgrids, addressing a critical gap in the market for scalable, affordable, and sustainable energy solutions.

06.09 Analyse compétitive

Our main competitors include Generator sets, candles/kerosene lanterns, conventional energy providers and solar power companies. However, MarketGrid stands out due to our innovative use of AI and IoT for efficient energy management, our Pay-As-You-Go model that enhances affordability, and our focus on empowering local entrepreneurs to establish and operate their own microgrids. This holistic approach ensures both immediate and long-term benefits for our users.

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

Yes, we actively engage with women-led businesses, provide training and support for female entrepreneurs, and prioritize gender inclusion in our recruitment processes.