Audience: Who have you identified as your customer/recipient groups and do these groups value your solution for different reasons? How do you engage different customer/recipient groups to deliver your solution?
My target customers are Nshili Villagers as there are about 9500 households. This village has also a small city with approximately 3500 shops, schools, market center, clinics and Restaurants. all of them depends on candles & petrol fuel which can’t even provide light as much as they need.
Households experience many diseases due to lack of hygienic environment. In their kitchens , there are not clean due to smoke comes from firewood, and charcoals used during cooking food. and pollute the region.
Scaling the solution: How would the prize money and publicity help you to achieve your objectives over the next two years?
If I get the Prize I will be able to implement my project and overcome energy crisis from my Village to gather generating profit. as The initial capital required for the establishment and operations of the company is USD 54,500. In the first full year of operation, the company has estimated to reach USD 81,951 of sales. The analysts project that the sales will grow to 25% a year within the next 3 years, with the gross profit margin of 78.55%. The payback period of the project is 2 years. if get a prize I can be able also to make business expansion in other villages in our country affected by Energy Crisis. publicity will help me to attract many customers as much as possible. and a business will growing in day to day activities.
Experience: Please provide examples of any previous entrepreneurial initiatives you have pioneered
I am experience in 1 year experience in Renewable energy activities where I was working as Habona Ltd. it a start up company dedicate providing a biogas and I was sharing experience with some technicians and other people used Wind power from many different country from USA, EUROPE.
I will be able to achieve my project.to make it succeeding through experience I have got from training, partnership with other companies providing green energy.
Are you are eligible to attend the Accelerator event in Cambridge and subsequent events in London, UK in January, 2015?