At the Ugwumba Center for Leadership Development in Africa, our primary objective is to change the world by raising a new generation of young leaders, entrepreneurs and innovators from the African continent.
To achieve these tall objectives, we implement a number of impact making projects, prominent among them is the Ugwumba Enterprise Challenge, which is our idea pitching and grant competition for the benefits of young people who have ideas and talents that can be transformed into business ventures and social enterprises.
Today, we are glad to know that our efforts are not in vain as many of our beneficiaries have successfully launched their innovative ideas into business ventures using the knowledge, skills and grants they got from our center.
In this Series, “Hope for the Youths: Testimonies from Ugwumba Fellows”, we shall be showcasing the impacts of the Ugwumba Enterprise Challenge in the lives and businesses of our beneficiaries from across the country.
This is the first edition of this Series and below is a practical testimony on the journey so far from the star prize winner of the first edition of the Ugwumba Enterprise Challenge held in Owerri, on the 24th of May, 2019.
TESTIMONY FROM THE CEO OF GREEN BOX AFRICA.
Mr. Innocent Unachukwu is the CEO of GreenBox Africa, a startup renewal energy company based in Owerri, Imo State with a vision of lighting up Africa by 2030.
Please, carefully read his testimonial below…
“Before we applied for the Ugwumba Enterprise Challenge in 2019, we didn’t have a direction or vision for where we wanted to go. We just ran our business as a casual enterprise without any intention of taking it seriously.
It was after the various courses we learned during the Boot Camp that we began to see the business potentials of our product.
We were able to write our first official business plan after the Ugwumba Enterprise Challenge experience which is still basically what has been guiding our growth and strategy since 2019.
As the winner of the star prize of five hundred thousand naira (N500,000), it became the catalyst that the GreenBox team needed to conclude our research/development and purchase critical equipment.
With a new understanding of market segmentation from the Boot Camp, we quickly launched 3 models of our product: GreenBox 400, GreenBox 1100 and GreenBox 1200 to carter for under-served market segments.
OUR BUSINESS PERFORMANCE AFTER 16 MONTHS
The GreenBox Africa team has remained resolute to our vision of putting a Greenbox in every home and lighting up Africa by 2030. Barely one year in operation, the GreenBox team has been able to achieve a milestone in the solar power sector.
Below is our key Performance indicators as at May, 2020:
a) We have served 126 unique customers
b) We have generated over eight million (N8m ) in revenue
c) We have cut down power generation cost by almost 78% for some 67 small businesses which include provision shops, restaurants, poultry farms, pharmacy shops, agro feed mills, hair saloons, financial services and POS shops and mobile street stands.
d) We have supplied reliable and affordable power to 59 low income homes to enable them live more improved lives.
e) Our customer satisfaction index is about 92.8%.
f) GreenBox is proud to be leading in the light of solar education for all as we undertook a “Solar For All” campaign to Basden Memorial Special School of the Blind and Deaf to teach them how to build small solar systems for their school.
OUR SUSTAINABILITY PLAN
For the next 10 years we shall be focusing on:
a)Developing 5 more models to carter for every segment of our market to help grow revenue and expand market penetration and dominance.
b)We shall expand our affiliate pool of independent marketers, installers and distributors nationwide to help after sales services execution
c)Develop partnership with other interested institutions and investors to provide credit financing to further scale up our production and sales, especially in low income markets.
d)Develop partnership with interested equity investors to build a mega production plant in Nigeria to completely domicile production and create massive employments for our teeming youths.
The entire team of GreenBox Africa are forever grateful and eternally indebted to the President of the Ugwumba Center For Leadership Development in Africa (UCLDA), Hon. Ugwumba Uche Nwosu and his team for their vision of supporting budding startups and SMEs in Africa.”
Those were the words of the CEO of GreenBox Africa, Mr. Innocent Unachukwu. Please, click the videos below to listen to the feedback from the users of their products since 2019.
Of a truth, the Ugwumba Leadership Center is creating hope for the unemployed youths in Nigeria and Africa, who are gifted in various skills but do not have the required business development skills and seed capital to launch out.
Please, keep a date with us on this segment as we come back to you with another interesting testimonial from our beneficiaries, who we fondly called #UgwumbaFellows!
To partner with us, please, call 0803 870 2075 or email: email@example.com or visit our website at www.ugwumbaleaders.org
To God be all the glory!