wifi hotspot
23922

wifi hotspot

Nigeria
Market: Internet and IT, Information and media, Computers, office equipment
Stage of the project: Idea or something is already done

Date of last change: 30.11.2017
Min investment
$ 5.000
0
Want to invest
help_outline What happens after clicking?

For Investors the commission is not charged

After clicking, the author's contacts will be shown

Authorization is required

Total required
$ 25.000
Rating
equalizer 170 из 1000
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:
Also this project:
- is seeking a loan
Idea
A lot of technology developments are coming up in Nigeria, phone apps, soft wares and so many others that requires internet connection, but an average Nigerian especially students cannot afford to pay for the internet connection needed to utilize these tech developments ,internet connection is the backbone for all these tech developments.
the idea we are bringing as a solution to this issue is to set up a wifi hotspot in schools, around schools and student living areas, so that users can access the internet from the comfort of their homes/classrooms/offices as the case may be.
Current Status
the project is already on, but no fund to pay for bandwidth
Market
students mainly and mobile device users
Problem or Opportunity
A lot of technology developments are coming up in Nigeria, phone apps, soft wares and so many others that requires internet connection, but an average Nigerian especially students cannot afford to pay for the internet connection needed to utilize these tech developments ,internet connection is the backbone for all these tech developments.

Solution (product or service)
the idea we are bringing as a solution to this issue is to set up a wifi hotspot in schools, around schools and student living areas, so that users can access the internet from the comfort of their homes/classrooms/offices as the case may be.
mobile phone network companies,and ISP companies do offer data services, but this is not reliable enough and most times is expensive for the average user especially students, because a lot of apps, software updates, research works and school works do consume data alot thereby making it expensive for the user.
our product(wifi hotspot) will address this issue mainly.
and in building this, we are creating a platform that will give birth to so many Ict / tech developments, apps , sites can enter into agreement so that users can have access to such sites free,
the platform is also another avenue for adverts,and a means to build a community connected together on the same network, in the sense that a user connected to the hotspot can share a file with another user.
Competitors
mobile phone network companies,and ISP companies do offer data services, but this is not reliable enough and most times is expensive for the average user especially students, because a lot of apps, software updates, research works and school works do consume data alot thereby making it expensive for the user.
Advantages or differentiators
competition mainly from mobile networks is here already but we are using them to our advantage because a student that is in his/her hostel or classroom will prefer to use a faster and cheaper internet connection to work
Finance
200,000 - 300,000 in the first year.
Invested in previous rounds, $
Business model
Money will be spent on
to pay for bandwidth, power and setting up of more base station
Offer for investor
40% of the shares
Mentors & Advisors
Lead investor
Risks
the risk is mainly in getting access to cover major locations
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Videos
Invest in distinguished start-ups, find investments and loans for your business, involve the best professionals in your ideas
Sign in to the portal using your social network account
Either log in/or register
Forgot your password?
Enter the email address that you used to register on Startup.Network
arrow_back
EN
more_horiz
close
visibility22
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
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Videos
 
Want to invest
  • 0