MODERN HOUSING & EDUCATION & HEALTH CARE DEVELOPMENT

Modern modular building solution for rural development will provide a sustainable, environmentally friendly and cost-effective buildings.

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I confirm that I am fully aware of the eligibility criteria, and based on its description, I am eligible to apply to the CSV Prize 2017.

  • Yes, I'm eligible

Preferred language

  • English

Organization name

ACCENT INDUSTRIES FZC.

Year founded

2003

Initiative stage

  • Established (the solution has passed the previous stages and demonstrated success)

Annual budget in 2017 (USD)

  • $1mil - $5mil

Number of beneficiaries impacted so far

  • 10,000 - 50,000

Organization type

  • For-profit

Secondary Focus Area

  • Rural development

Headquarters location: Country

  • United Arab Emerates

Headquarters location: City

DUBAI

Location(s) of impact

UAE, OMAN, SAUDI ARABIA

Website

www.accentuae.com

Problem: What problem is this initiative trying to address?

Housing, Education and Health Care are the basic need for any society. Either they are living in rural areas or urban areas. The cost and time to build the infrastructure for the masses is the problem every country in the world is facing especially developing countries.

Solution Summary: What is the proposed solution? What do you see as its most promising aspects for creating shared value?

Modern Modular Building provides sustainable building solution to the above problems. Our modular buildings are proven to provide sustainable and environmentally friendly building solution. These buildings can be used as schools, hospitals and homes to billions of people across the world who lack these basic amenities of life.

Impact: What is the impact of the work to date? Specify both the social and the environmental impact of your work

We have built more than 15000 modular buildings till date. Our buildings have saved millions of dollars worth of site works, energy, and transportation cost. Our buildings save on an average 30% of your cooling and heating bills in a month so you can calculate yearly savings only. The time to construct is reduced by half. So you can also calculate both financial and time savings when you reduce your labor hours by half.

Financial sustainability plan: How is this initiative financially supported? How will you ensure its financial sustainability long-term?

Our business has been sustainable with Earned income and we believe to do the same in years to come. Although for growth and scalability of our business we would like to take this company public so more people can contribute in making our world a better place to live.

Unique value proposition: What makes your initiative innovative? How does your project differ from other organizations working in the same field?

We are innovating our product by using nature where ever is possible. The lighting system in our building is based on solar energy system. The wall as insulated with rock wool to reduce the heating and cooling bills. The floors are insulated with reusable thermal wood to reduce the sound and heat loss factor. Our buildings are designed for living!

Founding story: Share a story about the "Aha!" moment that sparked the beginning of this initiative.

The entire concept began with the basic human need of shelter. We need a shelter to do anything in life, call it a home, call it an office, call it a gym, call it a hospital. The need has been there since the very beginning of the human race and it has been evolving since. We started our business to provide these buildings to all the local construction and oil and gas business in the region for their project sites. Since it is very hot to work in the middle of a desert at 50 degrees Celcius. Our buildings provide them with shelters to work and live so they can complete their projects.

Where did you hear about the Nestlé Creating Shared Value Prize?

  • Social media

Evaluation results

4 evaluations so far

1. Overall evaluation

5 - This idea rocked my world. It’s awesome! - 0%

4 - This idea seems really exciting. With a little more polishing, it’d be among my favorites. - 50%

3 - I think the idea is great, but it needs some work before it moves onto the next round. - 25%

2 - I liked it fine but preferred others. - 25%

1 - It didn’t make my heart beat faster. Needs significant revisions. - 0%

2. Innovation

5 - Absolutely, 100%! - 25%

4 - I feel really good about this - very promising - 50%

3 - This has some good elements and some areas for development - 0%

2 - This doesn’t inspire me so much - 25%

1 - This entry is weak here - 0%

3. Social and/or Environmental Impact

5 - Absolutely, 100%! - 0%

4 - I feel really good about this - very promising - 25%

3 - This has some good elements and some areas for development - 75%

2 - This doesn’t inspire me so much - 0%

1 - This entry is weak here - 0%

4. Financial sustainability

5 - Absolutely, 100%! - 50%

4 - I feel really good about this - very promising - 0%

3 - This has some good elements and some areas for development - 100%

2 - This doesn’t inspire me so much - 50%

1 - This entry is weak here - 0%

Nothing stands out! I thought it was great. - 0%

5. Potential to Scale / Replicability

5 - Absolutely, 100%! - 25%

4 - I feel really good about this - very promising - 0%

3 - This has some good elements and some areas for development - 50%

2 - This doesn’t inspire me so much - 25%

1 - This entry is weak here - 0%

6. Organizational Leadership

5 - Absolutely, 100%! - 0%

4 - I feel really good about this - very promising - 0%

3 - This has some good elements and some areas for development - 100%

2 - This doesn’t inspire me so much - 0%

1 - This entry is weak here - 0%

7. Potential for Creating Shared Value

5 - Absolutely, 100%! - 0%

4 - I feel really good about this - very promising - 25%

3 - This has some good elements and some areas for development - 50%

2 - This doesn’t inspire me so much - 25%

1 - This entry is weak here - 0%

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