Photo - TOPCITY ENTERPRISES
46670

TOPCITY ENTERPRISES

Promote food and nutrition security

Nigeria
Market: Food industry, Farming
Stage of the project: Idea or something is already done

Date of last change: 01.05.2020
Rating
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:

Idea

Topcity Enterprises will be involved in the promotion of food security in Nigeria by involving the rural, farmers engage in spices, fruits and vegetables in the production cycle, buy their produce to reduce food losses. Improve the quality of the produce and sell.

Current Status

. Topcity is located in the North West Sokoto Nigeria. We are into production processing and marketing of spices, fruits and vegetables. We farm and also buy produce from rural farmers. We are in business to provide nutritional, healthy fresh and dried spices, fruits and vegetables to millions of people in Nigeria and the international market. Our business has a unique mechanism for the promotion of food /nutrition security, climate change, gender equality, renewable energy and job creation. Our objective is linked with the environment, people, poverty and food security

Problem or Opportunity

Topcity intervention: Nigeria is on lockdown, spices, fruits and vegetables consumption has increased with decreased production and supply, on field food and post-field food losses are increasing. Definitely this will soon pose a major threat to Nigeria population on food availability production, supply and consumption pattern. Due to the coronavirus lock down, rural farmers in North-west Nigeria are losing their fresh produce. They can’t travel to urban market to sell. Nigeria Economic is stake. COVID 19 is causing huge food shortage and with much harvested food being wasted due to old rule of thumb usage. Food prices inflation will bring about survival of the fittest because there will be high demand for food supply and consumption hence prompting to food insecurity.

Solution (product or service)

. We are into production processing and marketing of spices, fruits and vegetables. We farm and also buy produce from rural farmers. We are in business to provide nutritional, healthy fresh and dried spices, fruits and vegetables to millions of people in Nigeria and the international market. Our business has a unique mechanism for the promotion of food /nutrition security, climate change, gender equality, renewable energy and job creation. Our objective is linked with the environment, people, poverty and food security

Competitors

Few medium to large scale industrial processing plants in Nigeria that are currently operational, are located in strategic areas of high production and/or consumption like Diyya Food products, Tiger food Ltd and Dino ltd These factories produce a range of products that include fruit juices of various kinds, tomato sauces, pickles, wine, ketchup, etc. Other factories are emerging in other potential areas like in Sokoto as more investors venture into this sub-sector.

Advantages or differentiators

Our production processes goes through rigorous quality control system so that all of our products will have the best flavors and nutrient content that meet the national and international quality and safety parameters and standards. The products made by Topcity products will be raw material to other secondary fruit,spices and vegetables products that include among others; juices, wines, fruit salads and fruit based products.

Business model

We plan to increase our production and ability to purchase from rural farmers, buy processing units with the capacity to dry ton by day. The more profit we make, the more we can buy from rural farmers and the more we can help prevent potential losses during and after COVID 19 pandemic.

Money will be spent on

The more profit we make, the more we can buy from rural farmers and the more we can help prevent potential losses during and after COVID 19 pandemic.

Offer for investor

30

Risks

Importation of less quality but cheap concentrates
Emerging large scale investors with similar project
Weather calamities such as drought that may hamper production
Inconsistent supply of raw materials due to seasonality

Incubation/Acceleration programs accomplishment

non

Won the competition and other awards

non
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility93
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video