Photo - Bizaim Farm Nig. LTD
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Bizaim Farm Nig. LTD

Bizaim Farm being an Integrated Farm

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

Date of last change: 16.03.2022
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Idea

Bizaim Farm is a well structured integrated farming system (idea) aimed at reducing the rate of food insecurity in Nigeria.

Current Status

The Bizaim Farm is in the idea stage and has acquired thus far, it's registration and incorporation under CAC and SMEDAN

Problem or Opportunity

Bizaim Farm looks to solve the challenge of food insecurity in Nigeria.
From current statistics, over 80% of Nigeria total population is suffering from food insecurity either in form of hunger due to scarcity of food or high cost of food items caused by the constant and Fcontinuous inflation rate, or in form of malnutrition or nutrient deficiency caused by non-readily available and/ or accessible nutritional and wholesome food.

Solution (product or service)

Bizaim Farm has put in place a well-structured plan to have these food items readily available, easily accessible, and more importantly, stable across seasons.
Bizaim Farm being an integrated farming system will have a complete cycle rotation of production, that also enables recycling and creation of renewable energies, which are all going to help achieve its goal of retrenching food insecurity

Competitors

There is only one integrated farm in Nigeria and it's not been in operation for almost 5 years now.
Asides for the fact that there are farms scattered all across the country, there is yet a wide market space considering the percentage of the total population in need of readily available nutritional wholesome food (over 80%)

Advantages or differentiators

The idea of having an integrated farming system is a huge advantage as Bizaim farms will be able to have more solid market (price) control unlike other farms that depend on various farm outputs to run effectively, thus making their product prices predetermined by those farms or other factors.
In Bizaim farms, almost everything needed is produced within, from anima feeds to electricity from Bio-gas, and more.
This for us will be a very huge advantage.

Business model

Our Business Model comprises a combination of Business to Business (B2B), Business to Customers (B2C) which we also term as farm gate sales, Business to Governmental Bodies/ Agencies (B2G), and Business to Organizations (B2O) for several occasions and products. meanwhile, our major concentration is on the B2b and B2G/O models of business.

Money will be spent on

Integrated farm standard construction
Equipment/ Machine acquisition
Farm set-up
Initial running costs

Team or Management

Incubation/Acceleration programs accomplishment

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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