Feed4lifefarms

Our current business idea is referred to as "Feed4life" concept. This idea centres on production of high quality catfish(table size)
  • Sector Agriculture
  • Country Nigeria
  • Founding date February 2018
  • Stage Idea
In addition to putting up structures that ensure production of healthy catfish, we intend to partner with TMG to supply feeds that is not only reduce the cost of feeding by 30% but also greatly enhance the hygiene of the catfish, their health and the health of the final consumers.

General

Sector
Agriculture
Category
Consumer
Product usage or interact
Mobile/Tablet (Android))

Business

Customer acquisition strategy
We intend to acquire customers by using content creation on the internet and other social media platforms that will inform, notify and educate the prospective customers about the availability of our products, terms payment, service available, online purchase platform, ordering facility, transportation assistant, after sales support service and discounts associated with bulk purchase
Revenue model
Our expected revenue after advertising, commerce, data, licensing, subscription transaction processing and other costs and expenses is #50,000,000 a year

Market info

Market size
$20,000,000

Total early investment
$1,000,000
Shareholder structure
Owner type
Name
Equity
Bello
Co-Founder
% 30
Bello
Co-Founder
% 35
Oseni
Co-Founder
% 20
Akintayo
Co-Founder
% 15
Investment round
Angel Investment
Investment amount
$1,000,000
Equity on offer
% 0.0

Team

Sheriff Bello  - Nigeria
Total team member
15
Comment
Last update: 08.12.2020