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:
X-capture is basically an attempt to avoid global warming and promote a cleaner environment. My main objectives would be to make people more aware of global warming and more aware of their actions, and to show people how recycling can be effective and fun. my other objectives include providing a more environment friendly ink to reduce the damage being caused to the planet by printing. my activities would involve mostly researching and trying to upgrade the original product and include a technological component to it, some sort of alarm when it is full for the users to replace the product. i am also trying to benefit the environment as much as possible by planting a tree for each cylinder sold.
Expected impact of your idea on sustainable development
i would be targeting all middle income drivers in south africa. I chose south africa because it is the largest producer of carbon dioxide in africa, and i chose africa because africa needs the development more than the other countries. My idea would be deemed successful when at least 30% of south african population is using X-capture and we are making enough profit from our ink to sustain the business.
Plans for implementation and sustainability
it would cost about $4000 to run a pilot of the project. this includes the cost of all the components needed to make both the cylinder and the ink. this would result in 10 cylinders which would be sold for $100 each and if successful, will result in 35 litres of ink in a time span of one month. which would make 60 printing cartridges which would sell for $40 each. it would take 2 months to make the $4000 back, with $1800 profit. and as the months go by, more profit would come in, and that is only with the initial 10 cylinders! with time, more cylinders would be made and more money would be made. The financing would come from grants, which there are many of here in south africa. fundraisers would also be arranged to promote my product I would partner with local service stations to collect the carbon along with the servicing they do and i would partner with ink companies to sell my ink. i would partner with the bus companies to buy my product as buses produce more carbon dioxide, which would fill the cylinder faster and make profit faster. i would get initial capital from my school because they might provide an incubator for my business because they support entrepeneurship my key collaborators would be environmental companies which care about preserving the planet, they would buy my ink which is slightly more expensive than the normal ink. in addition to this, the cartridges will be recyclable improving customer loyalty. although it seems like nobody cares about the planet, there are many people who do care
I am an 18 year old Angolan girl. My father is my main motivation, he was always around when I was a child, unlike my mother, He always told me I should fight to make a difference, in my future, and in my world. My love for philanthropy developed when I was 14, consequence of church. I started many NGOs and done a lot of charity work related to poverty and illness, I grew up ashamed of my continent because it was the poorest, I grew up ashamed of myself because I was the poorest, and I thought to myself "there are people out there going through worse than me, and if I feel this way how do they feel?" so I dedicated my time to fundraisers and I saw it was something I could do effortlessly, I raised a lot of money, volunteered in many homes, raised many clothes for charity. the campaign I was most proud of was the last one which was based on children, we taught them how to farm, teaching them biology and we sold the profit to buy things for them teaching them the spirit of entrepreneurship and I realized I should be an entrepreneur of my own, I was already in university studying to be a petroleum engineer when I realized this, but I realized that was not going to take me anywhere, especially with the poor education of Angola. And that is how I applied to the African leadership academy which main goal is to make African entrepreneurs, it was risky, but this was the best decision of my life. I am growing more as a business person in this school. I am motivated, ambitious, driven and ready to make change.