23592

Getting Nigerian Children to Read again.

Nigeria
Market: Internet and IT, Education, training, Paper, Mobile applications
Stage of the project: Idea or something is already done

Date of last change: 23.11.2017
Min investment
$ 1.500
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$ 5.500
Rating
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Idea
The project is aimed at getting Nigerian children to appreciate the essence of reading books.
Our goal is to reach 1 million Students and provide them access to electronic books affordable at their level.
Current Status
Currently, there is a team of five people working together to set up book clubs.
One book club has been set up already, the authors are working together to ensure resources are always available for students to buy.
Market
Schools and Students.
Problem or Opportunity
Currently in Nigeria, agencies are trying to get Nigerian children to develop the reading culture from a very early age.

Our solution to this problem is to make the Students see books as "candy" worth buying, to create a ground for them to study together. In this way, Panterae books will provide affordable books for them within their club.
Solution (product or service)
We will be producing large number of books as well as creating book clubs.
Competitors
None. We're an innovator company.
Advantages or differentiators
We do not have a competition. Because we are an innovating company, the government will be willing to support our program by directing schools to embrace us.
Finance
We will be selling at around 50 cents to 1 dollar.

In the next 5 years, we will have sold over 5 million dollars.
Invested in previous rounds, $
Business model
Money will be spent on
Building and hosting ebook website for Schools, getting a larger office space, transport to schools for book reading, office materials.
Offer for investor
The inventor gets 5% of the profit, which will be remitted every three months. It would give the investor a chance to invest in the growing economy of Africa.
Mentors & Advisors
Lead investor
Risks
The only risk associated with this business has been eluded. Which is illiteracy. The children can read, all we need to do is get them to buy the books at affordable prices. Almost every child in the school we have mapped out have access to Internet, which will drive online sales.
Incubation/Acceleration programs accomplishment
Participation in book club programs.
Won the competition and other awards
Invention/Patent
Videos
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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
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Videos
 
Want to invest
  • 0