Innovati Resources Driving Innovation

Innovati Resources is a company dedicated to providing renewable energy solutions which are affordable and relevant to the community. We aggregate different solutions to provide off grid communities with access to the benefits of having grid power such as refrigeration, lighting, cooking and communication using best available techniques

Fundraising

This venture has not initiated a round of financing on this platform. If they choose to, the summary of the fundraising round will appear to registered investors here.

Idea

We plan to develop a new offering for our current <abbr title="Base of the Pyramid">BoP</abbr> customers.

We have an elevator pitch. We want you to sign an NDA before we share our business plan. We plan to develop a new offering for our current BoP customers.

Our idea is a mobile solar powered kiosk which provides alternative energy solutions for the BoP community for cooking, refrigeration, lighting and communication in rental and ownership models

Team

We can build the product. Given the time and money, we can deliver on our promises.

Our founder has the business savvy and persistence to turn ideas into a company. We can build the product. Given the time and money, we can deliver on our promises.

Wamulume Beele (BEng Chemical engineering) , Currently pursuing MEng Renewable Energy engineering- Project lead Eric Brown (CIMA , BSc finance) - Finance Lead Michael Kwibisa Masupelo (MSc Marketing Herriot Watt) - Marketing Lead Mushimpa Mushingo (BSc Development Studies)- Sales

Product

We have no working demo or prototype and need funding to start the development. The product is built with open hardware and/or software, so there is no proprietary third-party IP.

Its at Idea Stage

Revenue

We have identified one or more revenue streams. We plan to monetise our offering in the next phase.

We will have product sales , rentals and recurring sales

Inclusiveness

We involve low-income groups as consumers.

We involve low-income groups as distributors.

The services offered by Innovati Resources will increase productivity, increase access to information and education, increase study hours for pupils and reduce food wastage. This will result in improved standard of living for the BoP community. The project will employ at least 30 people within the first 5 years of the project.

We involve low-income groups as consumers. We involve low-income groups as distributors. We involve low-income groups as employees.

30 direct jobs to be created within 5 years, 100, 000 people impacted within 5 years. 60% being women and youth

Registered investors only

Funding history is only visible to registered investors.

Idea and Stage
- Are you working on this business full time?
- Is there a demo, prototype or working product?
- Do you have paying customers?
- Are you making a profit?
- Has the business existed longer than one year?
- Has the business existed longer than three years?
- Do you have more than five employees?
- Do you have more than 10 employees?
- Is your annual turnover more than USD $50,000?
- Is your annual turnover more than USD $100,000?
- Is your company registered?
Team and Organization
- Have you started a business before in a similar/same sector?
- Is this your first time running a company?
- Have you exited a previous business successfully?
- Do you have co-founders?
- Is there technical/product development experience in the team?
- Is there sales and marketing experience in the team?
- Do you have an advisory board?
- Do you have a board of directors?
- Are you already incorporated?
- Do you have references?
Market and Marketing
- Do you know your customer acquisition cost?
- Do you know your profit margin per customer?
- Do you know the size of your market?
- Do you know how many customers you need to break even?
- Do you know your competitors?
- Do you have signed contracts with customers?
- If low-income groups are your customers, can you explain how your marketing plan towards them?
Finance
- Do you have a three year financial forecast?
- Have you calculated your break even point?
- Do you have audited financial statements?
- Do you have a finance expert in your team?
- Have you invested your own money in the company?
- Have you received grant funding?
- Have you received outside investment?
- Have you already connected with impact investors?
- Can you describe your assets?
Impact
- Do you know the role of low-income groups in your business?
- Do you know how you will engage low-income groups?
- Do you know the environmental impact of your business?
Investment
- Do you know what your social impact will be?
- Do you need capital investment?
- Are you willing to give up equity?
- Are you willing to give up a majority share?
- Are you looking for debt finance?
- Do you prefer an active investor?
- Do you need working capital?
- Do you already have external shareholders?
- Do you need technical support along investment?

Registered investors only

Documents are only visible to registered investors when the venture is fundraising.

Team

Wamulume Beele
Works at Innovati Resources

Innovati Resources Driving Innovation

Fundraising

Idea

Team

Product

Revenue

Inclusiveness

Registered investors only

Idea and Stage

Team and Organization

Market and Marketing

Finance

Impact

Investment

Registered investors only

Team

Updates

About

Discover

Help

Social

Looking for information, resources and analysis on inclusive business? Visit the Practitioner Hub for Inclusive Business Looking for analysis on inclusive business?