Photo - Getting Nigerian Children to Read again.
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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
0
Total required
$ 5.500
Rating
equalizer 170 из 1000
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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.

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.

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.
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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
Product Video