Nigeria - Startup under 3 years old

Décrivez votre projet en quelques mots

Transforming the coconut value chain for a greener, more sustainable future

01.01 Décrivez votre startup en détail

Coconoto is an agritech startup based in Lagos, Nigeria, revolutionizing the coconut value chain through innovative technology solutions. Our flagship products include a 187.5% efficient state-of-the-art dehusking and deshelling machine that significantly improves processing efficiency, reducing labor and time requirements for farmers and processors. We also offer a digital marketplace platform, www.coconoto.ng, connecting farmers, processors, and consumers, facilitating seamless transactions and market access. Our circular business model transforms coconut waste into valuable by-products like coco peat, fibers and briquette charcoal, promoting sustainability and waste reduction. On a mission to create accessibility, Job, efficiency, and sustainability in the coconut industry, Coconoto aims to empower stakeholders, drive economic growth, and foster environmental stewardship.

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

The main problem Coconoto is addressing is the lack of technology, accessibility and waste of husk and shells in the coconut value chain. The traditional processing methods used (spikes, cutlasses, knife, chisels and leg pedaled spikes) are labor-intensive, harmful, wasteful and time-consuming for women and men to endure as a task, hindering productivity and profitability for farmers and processors. Additionally, there is a lack of market connectivity, limiting opportunities for trade and growth for majorly farmers and processors in rural areas. Also large amount of husk and shells are not properly disposed and this causes blockages and hazard within the environment. Coconoto's innovative technology solutions aim to streamline processing, improve market access, and promote sustainability, addressing these challenges and catalyzing positive change in the coconut industry.

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).

The major benefits of using Coconoto's products and services include: 1. Increased Efficiency: Our innovative technology streamlines the dehusking and deshelling processes, significantly reducing time, waste and labor compared to traditional methods. 2. Enhanced Profitability: By optimizing productivity and minimizing waste, Coconoto helps farmers and processors improve their bottom line, leading to increased profitability and economic empowerment. 3. Market Connectivity: Through our digital platform, Coconoto facilitates direct access to a wider market, enabling farmers and processors to showcase their products and connect with buyers, thereby expanding their market reach and opportunities for trade. 4. Job Creation and New Market Opportunities: Our technology and circular economy model expand the value chain, creating more job opportunities for youths and encouraging male and female participation. Additionally, it opens up new markets and business opportunities within the value chain

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

Coconoto's products and services are aimed at serving farmers and processors within the coconut value chain, particularly in rural areas of Nigeria and beyond. Our targeted beneficiaries include: 1. Coconut Farmers: Small-scale and commercial coconut farmers who require efficient processing solutions for removing the husk of coconut to increase productivity and profitability. 2. Processors: Local processing units and businesses engaged in coconut value addition, such as production of coconut milk, oil, foods, snacks and so on require or deshelling service and some machine for daily product manufacturing. 3. Rural Communities: Residents in coconut-producing regions who benefit from job creation, economic empowerment, and improved environmental sustainability resulting from Coconoto's interventions. 4. Consumers: Individuals, farmers and businesses seeking high-quality products derived from sustainable and ethically processed coconuts husk and shells.

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

06/03/2023

01.06 Vendez-vous déjà votre produit/service ?

Non

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

4

01.08 Parmi les autres propriétaires, combien sont des femmes ?

2

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

Samuel Akindipe is the Business Developer for coconoto, he has over 5years experience across several Profession ranging from working as a Product designer and as an Operational Analyst with Flutterwave. Olaoluwa Igbalajobi is the Operational Lead for Coconoto Enterprise. Ola has over 5years working experience as a Maintenance and Operational engineer and has worked with 2 different organizations; Mikano and SAHCO in this capacities. In addition to this, he is also a data Scientist which he does as a side skill. Ladipo Adetayo, is the Marketing and Sales Lead for Coconoto, she has over 5years Working Experience and she has worked with Vitafoam and Jumia in this capacity, she also runs her online business where she makes sales and manages customers request base on orders. Peace Adeyemi, is the Finance lead for Coconoto, she has over 5years working experience working in finance and account department with Airvy Atelier and Genie pro amidst others. She skilled with Account and Auditing

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/coconoto/?viewAsMember=true

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

Industrie (équipements, services commerciaux, logistiques et professionnels, transports)

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

5

02.01.02 Justification de la contribution de ma startup

Coconoto contributes to the goal of eradicating poverty by empowering smallholder farmers and rural processors in the coconut value chain. Our innovative technology increases efficiency, reduces waste, and improves market access, leading to higher incomes and economic stability for these stakeholders. By creating jobs, fostering entrepreneurship, and promoting sustainable practices, Coconoto uplifts communities and helps break the cycle of poverty in coconut-producing regions.

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

6

02.02.02 Justification de la contribution de ma startup

Coconoto contributes to the goal of zero hunger by optimizing coconut processing, thus ensuring a more reliable and efficient food supply chain. By streamlining production and reducing waste, our technology helps increase the availability and accessibility of coconut-based products, which are important sources of nutrition for many communities. Additionally, our platform connects farmers and processors directly to consumers, facilitating trade and enhancing food security in coconut-producing regions.

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

6

02.03.02 Justification de la contribution de ma startup

Coconoto contributes to good health and well-being by promoting safer and more efficient processing practices in the coconut value chain. Our technology reduces the use of harmful tools and methods, minimizing the risk of injuries and health hazards for farmers and processors. Additionally, by optimizing productivity and market access, Coconoto empowers individuals and communities economically, leading to improved livelihoods and well-being.

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

Coconoto contributes to gender equality by providing equal access to innovative technology and market opportunities for both men and women in the coconut value chain. Our digital platform and technology solutions empower women who are traditionally involved in processing activities, enabling them to increase productivity, generate income, and participate more actively in economic activities. By breaking down gender barriers and promoting equal participation, Coconoto fosters a more inclusive and equitable coconut industry.

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

1 - pas du tout d'accord

02.06.02 Justification de la contribution de ma startup

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

6

02.07.02 Justification de la contribution de ma startup

Coconoto contributes to affordable and clean energy by promoting the use of coconut waste as a renewable energy source. Our circular economy model converts coconut husk and shells into valuable products such as briquette charcoal and activated carbon, which can be used as clean and sustainable alternatives to traditional fuel sources. By harnessing coconut waste for energy production, Coconoto helps reduce reliance on non-renewable energy sources, mitigating environmental impact and promoting energy access and affordability.

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

Coconoto promotes decent work and economic growth by creating employment opportunities and fostering entrepreneurship within the coconut value chain. Our technology streamlines processing, enabling farmers and processors to increase productivity and profitability. Our digital platform connects stakeholders, expanding market access and trade opportunities. By empowering individuals with sustainable livelihoods and facilitating economic transactions, Coconoto contributes to inclusive economic growth and the achievement of decent work for all.

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

Coconoto fosters industry innovation and infrastructure development by introducing cutting-edge technology to the coconut value chain. Our innovative solutions improve processing efficiency, reduce waste, and promote sustainability, driving advancements within the industry. By investing in research, development, and infrastructure for coconut processing, Coconoto contributes to the modernization and enhancement of agricultural practices, ultimately fostering economic growth and infrastructure development within the sector.

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

6

02.10.02 Justification de la contribution de ma startup

Coconoto contributes to reducing inequalities by creating opportunities for small-scale farmers and processors, particularly in rural areas, to access innovative technology and market connectivity. By streamlining processing and improving market access, Coconoto empowers marginalized individuals, including women and youth, to participate more equitably in the coconut value chain. Our digital platform facilitates direct engagement between producers and buyers, leveling the playing field and reducing dependence on middlemen. Through these efforts, Coconoto promotes inclusivity and economic empowerment, thereby helping to reduce inequalities within the coconut industry.

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

Coconoto contributes to building sustainable cities and communities by promoting the adoption of eco-friendly practices within the coconut value chain. Our circular economy model minimizes waste by converting husk and shells into valuable products like coco peat, rope, briquette charcoal, and activated charcoal. By reducing waste and promoting resource efficiency, Coconoto helps mitigate environmental pollution and enhances the overall sustainability of coconut processing operations. Additionally, our technology facilitates market access for farmers and processors, fostering economic growth and social development in rural communities. Through these initiatives, Coconoto contributes to creating more resilient and sustainable cities and communities.

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

7 - tout à fait d'accord

02.12.02 Justification de la contribution de ma startup

Coconoto strongly aligns with the goal of responsible consumption and production by promoting sustainable practices within the coconut value chain. Our technology optimizes the use of resources by efficiently processing coconuts and converting waste into valuable products. This reduces the environmental footprint of coconut processing operations and promotes responsible resource utilization. Additionally, our digital platform facilitates transparent and ethical trade practices, promoting consumer awareness and responsible purchasing decisions. By encouraging sustainable consumption and production patterns, Coconoto contributes to reducing waste generation, conserving resources, and advancing towards a more sustainable future.

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

5

02.13.02 Justification de la contribution de ma startup

Coconoto strongly contributes to climate action by addressing key challenges in the coconut value chain that have environmental implications. Our innovative technology reduces the carbon footprint associated with traditional coconut processing methods by optimizing efficiency and minimizing waste. By converting coconut waste into valuable products such as coco peat and activated charcoal, we promote circularity and reduce greenhouse gas emissions and also minimize felling of tree for firewood as the shells of coconut can be used as briquette charcoal which burns better than firewood. Furthermore, our digital platform enhances market connectivity, reducing the need for physical transportation and lowering emissions associated with traditional supply chains. Overall, Coconoto's holistic approach to sustainability and innovation aligns with the objectives of climate action, driving positive environmental impact within the coconut industry.

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'

5

02.15.02 Justification de la contribution de ma startup

Coconoto contributes to the goal of life on land by promoting sustainable land use practices within the coconut value chain. Our technology reduces the need for extensive land clearing by increasing the efficiency of coconut processing, allowing farmers to maximize yields from existing agricultural land. Our circular economy model minimizes waste generation, preventing the accumulation of organic waste in landfills and reducing soil degradation. By converting coconut waste into valuable products like coco peat which is an alternative product used by farmers practicing soilless and hydroponics farming, we enhance soil health and fertility, supporting biodiversity and ecosystem resilience. Through these efforts, Coconoto strives to protect and preserve terrestrial ecosystems, fostering life on land for future generations.

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

1 - pas du tout d'accord

02.16.02 Justification de la contribution de ma startup

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

6

02.17.02 Justification de la contribution de ma startup

Coconoto strongly aligns with the "Partnerships for the Goals" as we actively collaborate with various stakeholders across the coconut value chain, including farmers, processors, government agencies, Fabricators, and Institutions. These partnerships enable us to leverage diverse expertise, resources, and networks to address complex challenges, produce more machines and drive sustainable development. By fostering inclusive partnerships, we amplify our impact, promote knowledge sharing, Improve our solutions and mobilize collective action towards achieving our shared goals of enhancing productivity, promoting market access, and advancing sustainability within the coconut industry. Through strategic collaborations, Coconoto contributes to building resilient and inclusive communities, driving progress towards the SDGs.

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

2

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

7 - Tout à fait d'accord

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

5

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

6

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

7 - Tout à fait d'accord

06.08 Justification

Coconoto's project idea is unique and innovative due to its comprehensive approach to addressing multiple challenges within the coconut value chain. Our integration of 187.5% efficient advanced technology in the form of deshelling and dehusking machines revolutionizes traditional processing methods, significantly increasing efficiency and reducing labor and they are locally fabricated. Additionally, our digital marketplace creates unprecedented market connectivity for farmers and processors, facilitating trade and expanding economic opportunities. Furthermore, our circular economy model sets us apart by converting coconut waste into valuable by-products, promoting sustainability and environmental stewardship. Overall, Coconoto offers a holistic solution that combines technological innovation, market accessibility, and environmental consciousness to drive positive change in the coconut industry.

06.09 Analyse compétitive

Coconoto's main potential competitors are traditional processors and farmers who utilize manual methods for dehusking and deshelling coconuts. What sets Coconoto apart is our innovative technology, which significantly improves efficiency and reduces labor compared to traditional methods. Our deshelling and dehusking machines offer a unique value proposition by streamlining processing operations, increasing productivity, and minimizing waste. Additionally, our digital marketplace provides a platform for direct market access, enabling farmers and processors to reach a wider audience and expand their business opportunities. Furthermore, our commitment to sustainability through our circular economy model distinguishes us by converting coconut waste into valuable by-products, contributing to environmental conservation and resource optimization. Overall, Coconoto's combination of technology, market connectivity, and sustainability initiatives positions us as a leader in the value chain.

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

Yes, Coconoto is actively promoting the role of female entrepreneurs within our community. Some examples of actions we are taking include: Women Empowerment Workshops: We organize workshops and training sessions specifically targeted towards female entrepreneurs to provide them with the necessary skills and knowledge to succeed in the coconut processing industry of oil, milk and sustainable product from waste since we can create easy access to raw materials. Mentorship Programs: We offer mentorship programs where experienced female entrepreneurs in the coconut value chain can mentor and support aspiring female entrepreneurs, providing guidance and advice to help them grow their businesses. Networking Events: We host networking events and gatherings aimed at bringing together female entrepreneurs in the community, providing them with opportunities to connect, collaborate, and share experiences.