Best Ideas 2019 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.
Explain your idea in details:
Icon Farms is an agro processing based company which involves the cultivation,processing and production of farm produce(that is we turn farm raw materials into finished products) and we have a products that we are working on now and it is called Icon cocoyam flour. Cocoyam is a root food that boast of many benefits for a healthy living. It has properties that prevent, fight and cure many diseases.Cocoyam can be processed in several ways. It contains digestible starch, protein and other valuable nutrients. Consumption of cocoyam is very high all over Nigeria.The stages that are involves in the processing of cocoyam into flour is in five stages; peeling,washing,drying,grinding and packaging. This is an idea that has been brought to reality because we were able to produce our prototype products.Icon cocoyam flour our is a product gotten from cocoyam tuber,this cocoyam flour can be taken by any age because of the vast nutrients that is present in it.We tend to use the local method for processing because of lack of fund to get equipment that will make the processes to be faster,neater and easier.This local method that we use includes the peeling of the cocoyam after it has been gotten from the farm,then washed, sun dry,it will stay under the sun for 3-4 days and thenfor grinding.Then packed into a airtight nylon.But when there is equipment the same way for the processes but the drying is goingto be done by a machine but now there is no capital to get those equipment for the processing.
Expected impact of your idea on sustainable development
The first impact is the eradication of hunger(zero hunger)- pledges to end hunger, achieve food security, improve nutrition and promote sustainable agriculture, and is the priority of the World Food Programme.No poverty-Adequate nutrition is an incredibly important indicator of a persons ability to get out of poverty, later in life.Creating jobs is a great way to reduce poverty. When people have jobs, they have income, and when people have income, they can more easily get themselves out of poverty. Employment opportunities
Plans for implementation and sustainability
A business model is a company's plan for making a profit. It identifies the products or services the business will sell, the target market it has identified, and the expenses it anticipates. We are targeting the middlemen because they belong to the wholesale stage, thereby playing a vital role in the markets as an intermediary between the supplier and the buyer. The other is the consumers - The consumers are those who drive the various activities in the chain as well as the final disposal and then finally the exporters.Financing sources that we are looking for are as follows; Personal investment,grants, Venture capital, angels and bank loan.Collaborators- we are looking for the collaboration with African development bank and so on.
Date of birth - 20/09/1993. Final year student at the Federal University Of Technology,Akure Ondo State Nigeria Discipline/Major- Biochemistry. Nationality - Nigerian .Phone number - 2348167169695. The Young African Leader Initiative (YALI) certificate in Agripreneurship. Member of The Young African Leader Initiative (YALI)