CHOOSE YOUR RESIDENCE WITH EASE/ Residence online
Explain your idea in details:
Imagine an online system that directly connects prospective tenants to local landlords. 80% of the students admitted into the Federal polytechnic in Auchi town, Edo state Nigeria are not accommodated on campus. They have to seek privately owned facilities outside campus. This process is usually tiring and time consuming. It has also been reported that some students have been duped of their money by false agents while others have also regretted their choice of accommodation because they didnt know that better facilities within their budget were available. What about the case of a family that had to relocate either for financial or other personal reasons. They go through the same stress. The result of a field research conducted in the polytechnic showed that over 80% of students wished that there was an online platform that could solve this problem and this is because over 75% are not indigenes of the town. Our aim therefore is to: 1.Build a website that will provide the necessary information about accommodation facilities which includes, the location of the facility, the photographic image of the building, the utilities of the facility, the contact and profile of the land lord, the contact of the online agent. 70% of them indicated that if this was available, it will save them time and money and also reduce or eliminate stress. 2. Provide an effective way for land lords to get their services over to any prospective tenant since the methods they apply which includes posters (which are not so effective as it not only constitute nuisance but are also torn by the community authorities), Radio and television adverts are expensive and not economical. Residence online is therefore an innovative way of making things easier and cheaper.
Expected impact of your idea on sustainable development
Through Residence-online platform, we will be able to create jobs although less at the beginning but as we scale, we will employ more hands. Through Residence-online, the problem or stress these students face when looking for private accommodation facilities, especially the newly admitted students from other cities who do not get accommodation on campus, is reduced or totally eradicated. We do not just want to build a networking platform, we also want to create a social network where all these students can interact and get valuable information about their new environment. Although our focus is mainly to help students, we also want to make it easier for families to move into their new homes stress free. Residence-online will assist the land lords in getting prospective tenants. This will save them time and money. Through this tech innovation, we will be able to enhance the real estate sector in the town as a healthy competition will be created among house owners which will eventually prompt them to put their facilities in order. This online platform will also enable small and medium scale enterprises to advertise their products and services. This will lead to economic growth by promoting trade with a healthy competition among business owners within the town. Above all it is an innovative approach that will better inspire young men and women to think and harness ideas that will have social and economic impact in the society. We plan to introduce this innovation to other schools within the country.
Plans for implementation and sustainability
Plans are ongoing already as a team of five has been assembled with various expertise which include marketing and promotion, media and information technology and administration. The field research carried out has properly been analyzed. Our target customers, land lords and prospective tenants alike are showing great interest in this innovative idea. We are currently building our data base and sensitizing more land lords to adopt this new innovation. Students and members of the general public are also being sensitized through one on one meeting. Although raising funds for the project has been a challenge, our main focus currently is family and friends, personal donations, grants and investors. A flow chart of how the platform will operate has been completed and we are ready to begin development. The project is estimated to be completed in 3 months and then land lords and prospective tenants alike can sign up for these services. We have also settled for a subscription fee with the interested landlords. We have acquired the desired knowledge that will ensure the success of this project through attending and participating in workshops and seminars centered on entrepreneurship, creative design and lean strategy and we are very optimistic that this idea will scale through. We have studied businesses with similar operations and made inquiry from reliable sources. We are sure that we are on track.
My name is IKOKOH ILESANMI ABRAHAM and I am from EDO STATE, NIGERIA. I am 24 years old and I am the idea owner. I grew up in a christian home with four siblings. I am currently a graduate of VETERINARY MEDICINE from UNIVERSITY OF IBADAN hence my title Doctor of Veterinary Medicine (DVM). I am a very simple guy who loves creative thinking. I love things done in a creative and innovative way. I am also a team player who inspires my team members to engage in creative thinking and bring something innovative into the projects we embark on. Above all, my passion centers on inspiring young people like myself, both men and women to discover their purpose and live their dreams by being an example to them as someone who has discovered his and is on course to achieve his goals. I have been a leader and member of various organisations while on campus and I have mentored and inspired other young people like myself to become dedicated leaders and some of them are running this campus organisations gracefully. I am also an instrumentalist who majors in the bass guitar. I must say that this passion to raise young people to become leaders is the reason for my motivation and the qualities of being a team player, a creative thinker, humble, opened to new ideas and learning are the contributing factors to my success.