Best Ideas 2018 features all the nominated entries submitted to the Youth Citizen Entrepreneurship Competition under ‘Submit your Idea’ category. All the entries consist of innovative solution or proposition for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage. If you want to know the 10 finalists in this category, click HERE
Explain your idea in details:
Objectives: The objective of this idea is to reduce environmental pollution and provide clean nutrients for plants and humans. Location: We will begin this program first in Enugu state, Nigeria before we diversify to other states of the country. Innovative approaches: First off, we are going to create awareness of the program, then we are going to give reward points to those who comply and deposit a reasonable quantity of waste at the collecting point; these points, once it reaches a certain threshold can be redeemed in exchange for some gift items. This I believe is going to motivate people to cooperate more with the program. Processes: These discarded items like rotting tomatoes, garden eggs, vegetables, etc will be sent to a central compost pit, earthworms and lactobacillius will be used to facilitate the composting, the end product will be sent into a locally manufactured machine for extra treatments before being packaged and sold to farmers.
Expected impact of your idea on sustainable development
This business aims to reduce waste, encourage clean environment, and encourage organic farming practices. We target to reduce the amount of food waste by 80% and increase crop yield by 90% before the year 2020.
Plans for implementation and sustainability
Business background: Organic fertilizer business is the commercial income generating business that will focus on the production and selling of organic fertilizer. The idea behind the business is to provide quality and affordable organic fertilizer to our customers while ridding the environment of rotting debris which cause pollution. The consideration of this business is based on availability of the fertilizer market in Nigeria. Target Market: My target customers are market women and farmers. Market women to collect the discarded food materials from and farmers as the buyers of the fertilizer. Revenue model: The revenue for our business will be derived from selling of quality organic fertilizers to farmers and wholesalers. Market Strategy: We intend to market our products through selling our product at a reasonable price to targeted customers. Also using the power of the internet, we intend to expand our market in the shortest time possible. Product description: The first line of our business will be production of quality organic fertilizers which are in powdered form for a better shelf life. Storage and application instructions will be shown on the bags. The product produced will be packed in different sizes. We intend to package the organic fertilizers in 5kg, 10kg, 20kg and 50kg bags this is to enable affordability and wider choice.
MY EARLY LIFE: I was born in Owerri, the Eastern Heartland. The first and only son in a family of six. I was opportune to complete both my primary and secondary education at Unity primary school and Madonna model secondary School, Owerri, respectively. After which I proceeded to study Medical Physiology at Madonna University. I also studied basic computer operations and just concluded studies for a Proficiency In Management Certificate (PIM) under NIM(Nigerian Institute of Management). During my growing up days, I had many friends and was always engaged in one learning or social activities or the other; especially learning activities as my mother is a teacher. BUSINESS AND ME: As someone from a humble background, I have, over the years, developed strong desire for business. One time we were given an assignment in my secondary school to bring different types of rocks, I sourced for the rocks and sold some to those that didn't get theirs; I set the price according to the size of the rocks. As I marketed and sold those rocks, I started developing interest in entrepreneurship as I was able to see opportunities and utilize them.