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FLOEWS: Flood Early Warning System

Nigeria
Market: Internet and IT, Services, Other, Drones, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 28.11.2022
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Idea

FLOEWS provide provide access to a democratized, low-cost, equitable and socially inclusive disaster risk management & early warning intelligence to vulnerable populations and business.

Current Status

- Present across 6 Countries (Nigeria, Niger, Benin Rep, Ghana, Cameroon, Chad, Bangladesh & Pakistan (recently)).
- 8,819 Customers and 100,000+ beneficiaries.
- Raised Total of $305,000+ across Equity Investment (Angel & Pre-Seed). We have also Bootstrapped a lot.
- Flood Vulnerable Area Covered 28,000+ sqkm.
- Reduce disaster based mortality by 11% & economical losses by 9% in Sub-Saharan Africa.

Problem or Opportunity

According to the Global Facility of Disaster Risk & Recovery (GFDRR) stated that; The adversity of climate change, extreme weather and natural disaster such as flooding kept persisting with no specific date/time to halt. Alone flood disaster has been a major devastator globally, it has accounted for about 71% of all-related to natural disaster and yet remains the most frequent disaster with 45% frequency of occurrences affecting about 5.6 billion vulnerable people globally and 121 million Nigerian both directly/indirectly.

Solution (product or service)

FLOEWS is an all-round novel & multi-patented solution that monitors and forecast flood disaster imminence, thereby disseminating the forecast as an early warning intelligence to vulnerable individuals, communities, businesses and economies, WHY? for early preparedness, awareness, emergency response, speedy recovery and strengthening path to their overall resilience, towards the reduction in devastation among lives, valuable properties, utility & infrastructure, biodiversity, food/water security, water-borne epidemic and overall economic losses estimated in Billions $USD.

Business model

B2G, B2B, B2C, B2B2C & DTC.

And Revenue Model:
- Freemium Model.
- Subscription Model.
- Sale Model.
- Pay-As-You-Go.
- Commission Model
- Incentive Model.
- Consultancy/Contract.
- Donation/Sponsored Mode.

Incubation/Acceleration programs accomplishment

Singularity University Acceleration Programme at NASA Campus, California, USA 2017.
Oxygen Accelerator London 2017.
Unleash Innovation Lab, Copenhagen, Denmark 2017.
TEF Business Acceleration Bootcamp 2018.
European Space Agency & French CNES Acceleration
Accelerate 2030 Acceleration Program, Geneva, Switzerland 2019.
ActInSpace Acceleration for SpaceTech & Innovation 2020.
NITDA Acceleration Bootcamp 2021.
NEPC/EEFP Export Acceleration Program 2021.
Google Hustle Academy 2022.
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