Clean energy from agricultural waste

Clean energy from agricultural waste

Clean energy from agricultural waste Sector: Renewable Energy Year of establishment: 2015 Turnover: Post Pilot stage Investment need: 500,000 USD Product, market solution and potential The company was incorporated in 2015 with the main aim of delivering affordable, reliable and productive rural electrification through off grid renewable energy projects. At each power generation site, the company provides affordable high quality agro-processing services to farmers and also purchases sustainable biomass (agro-processing by-products) from both farmers and agro-processors, which is used as feedstock for the gasifiers. Gasification is used to produce clean energy from Agricultural Waste such as rice husks, maize husks/cobs, ground nut shells and coffee husks. Electricity is distributed via a combination of micro-grids and battery boxes to rural industries, households, schools and micro-businesses. The Company already has permits with the National Electricity Regulatory Authority and will sell electricity to the National Electricity Transmission Authority on a 20 year, inflation linked, USD denominated power purchase agreement. Entrepreneur and Team The Company founder is an Aerospace Engineer and serial entrepreneur and is supported by a team of both local and expatriate staff. The team has won several International awards. Turnover and Investment need The company is still in its post pilot stage and their investment need is 500,000 USD for growth and to be able to have 4 energy hubs running. Impact The company sees renewable energy from agricultural waste as an integrated solution to energy security, food security, climate resilience and poverty alleviation. The company has the following positive impacts; The company has helped reduce on deforestation by replacing charcoal/wood fuels with briquettes a cleaner, cheaper and more efficient...
Quality medication at an affordable price

Quality medication at an affordable price

Quality medication at an affordable price Sector: Pharma Year of establishment: 2012 Turnover: USD 1M-2M Investment need: USD 540.000 Product, market solution and potential The company was started in 2012 and is one of the largest pharmacy retail chain in Uganda owning over 10 pharmacies. They sell largely European imported medicines at affordable prices that are lower than the competition yet maintaining a healthy margin by carefully maintaining efficiencies in their operations and by importing the bulk of their medicines. The company has built an extensive network of suppliers in Europe, United States and India to help them meet their clients’ needs. The company has established a partnership with the largest up stream distribution chains in the Country to enable them set up outlets in various locations all over the country so they can have a minimum of one outlet in each major town in Uganda. Entrepreneur and Team The company was started in 2012 and is one of the largest pharmacy retail chain in Uganda owning over 10 pharmacies. They sell largely European imported medicines at affordable prices that are lower than the competition yet maintaining a healthy margin by carefully maintaining efficiencies in their operations and by importing the bulk of their medicines. The company has built an extensive network of suppliers in Europe, United States and India to help them meet their clients’ needs. The company has established a partnership with the largest up stream distribution chains in the Country to enable them set up outlets in various locations all over the country so they can have a minimum of one outlet in each major town...
Affordable clean energy solutions

Affordable clean energy solutions

Affordable clean energy solutions Sector: Clean Energy Solutions Year of establishment: 2008 Turnover: USD 150K-350K Investment need: Ideal USD 300k-500k Product, market solution and potential The company was founded in 2008, and distributes Liquefied Petroleum Gas (LPG) as a clean cooking fuel to households and institutions such as, schools, hospitals, restaurants and hotels. The company is an indigenous company and one of the big players in the LPG industry with a capacity of 35MT Storage capacity. It distributes affordable cylinder LPG gas starting from 3kg to 1000 kg, hosepipes, regulators and range of cookers from 1 burner to four burners.  By switching to LPG gas households and light commercial companies are able to reduce their energy bill by 25%. The company currently operates in the Capital City, Kampala and surrounding regions but is planning on expanding to other regions within with a potential of setting up centres in Rwanda, Eastern Congo, Malawi, and Northern Tanzania. Entrepreneur and Team The company was founded by a Medical Doctor who was trained in Europe. He’s very passionate about clean energy solutions and has authored several papers on clean energy. The Company has 30 full time staff, 15 people in sales team and 15 people manage the back office operations. Turnover and Investment need The turnover in 2015 was between USD 150k – 350k. The Company is looking to raise US$ 350,000 in debt and/or equity financing to extend the existing LPG value chain coverage to the consumers not served by the major players by building a skid refilling plant ($45k), purchase of LPG gas delivery trucks ($50k), purchase of more cylinders of...
A Profitable Solution to a Costly Problem

A Profitable Solution to a Costly Problem

A costly problem becomes a profitable solution Sector: Agriculture and Food Year of establishment: 2010 Turnover 2015: USD150k-300k Investment need: USD150k Product, market solution and potential Founded in 2011, the company sells biogas digesters and briquettes as alternative solution for firewood and charcoal. 80% of turnover is realized via the sales and installation of biogas digesters, that generate biogas from solid waste digestion (manure, bio waste, agricultural feedstock, human excrements). The biogas installations are primarily sold to schools, that benefit from cost savings up to 60% compared to using firewood. The company cleverly piggybacks on the existing distribution chain for charcoal, to sell its biomass gas briquettes to households in urban areas that previously relied on charcoal. Entrepreneur & team The company is owned by the two founders that are both PhD candidates on Aberdeen University; they are supported by a group of local and international professionals. Turnover & investment need Turnover in 2015 approached nearly USD1,000,000. The company is searching for an investment between USD200k-USD300kE, which will be used to pre-finance the sales of biogas installations to institutions to counter the barrier of high up-front investment cost. Clients will make an initial payment of 40% of the total cost of the biogas system upfront. The balance, i.e. 40%, is paid back in a period of 12-36 months, using the money that is saved by using biogas as a cooking fuel instead of firewood or charcoal. Impact The business has a positive impact in different areas: Environmental impact: Currently families rely on firewood for cooking and heating purposes, which causes deforestation. By offering a substitute (gas generated from solid...
Mobile Payment Technology

Mobile Payment Technology

Bringing mobile payment technology to the SME sector Sector: Fintech Year of establishment: 2013 Turnover 2015: USD100k-200k Investment need: USD300k Product, market solution and potential Founded in 2013, the Company provides E-Commerce payment solutions. The Company has built a powerful electronic commerce (eCommerce) platform called IP2 that makes it easy for businesses to collect and make payments using E-money platforms like mobile money, bank wallets and other digital stores of value. The platform also enables the sales of fast moving digital goods like airtime, internet data, concert tickets and lot more. The Company works with partners including mobile money operators and banks to ensure ease of payments and safe transfer of funds and reduces on all related costs in cash handling. Entrepreneur & team The Company was started by a Ugandan entrepreneur who is a web designer and has an IT background, in the mobile payments space he was previously working with MTN Uganda, one of the largest mobile telephone companies in Africa with a track record of rolling out products such as mobile wallet solutions. The other shareholders include a South African Angel Investor. Turnover & investment need Turnover in 2015 approached nearly USD 100,000. The company is searching for an investment of USD 300.000. The financing sought shall be used to undertake the following: product development and recruiting a sales and marketing person. Impact The business has a positive impact in different areas: Ease on making payments through use of mobile money. Reduce on all the costs related on cash handling. Would you like to know more about this business? Contact...