USING THE POWER OF BUSINESS TO SOLVE SOCIAL AND ENVIRONMENT ISSUES

In view of Climate Change crises, any effort to promote Agric in Africa should include a strategic plan that has the bottom 3 PPP in mind

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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

B-BOVID

Year founded

2004

Initiative stage

  • Scaling (the solution has passed the previous stages and is growing its impact on a regional or global scale)

Annual budget in 2017 (USD)

  • $1mil - $5mil

Number of beneficiaries impacted so far

  • 10,000 - 50,000

Organization type

  • Social enterprise

Secondary Focus Area

  • Rural development

Headquarters location: Country

  • Ghana

Headquarters location: City

PRETIA NKWANTA - NEAR TAKORADI - WESTERN REGION IN GHANA

Location(s) of impact

WESTERN AND CENTRAL REGION IN GHANA

Website

www.bbovid.org

Facebook URL

https://www.facebook.com/bbovid/

Problem: What problem is this initiative trying to address?

1) Sustainable Economic Development,
2) Poverty Reduction
 3) Wealth Creation
4) Job Creation
5) Gender and Agriculture
 6) Youth and Agriculture
 7) Social Economic Development
8) Sustainable Lifestyle
9) Food Security and Nutritional
10) Climate Change (Climate Smart Agriculture)
11) Environmental Impact
12) Shared Value
13) Inclusive Economic Development
14) Agriculture and Good Governance
15) Youth and Women Empowerment

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

We helping communities who are vulnerable to climate variability and change. To enhance the indigenous knowledge of farming and also seek to support rural agricultural communities in Ghana using modern agricultural technologies, Information, Communication and Technology (ICT) for sustainable agriculture. B-BOVID INNOVATION CENTRE introduces youth and student to modern transformative and innovative agriculture that will attract more youth to venture into agriculture as a business. High productivity through modern agricultural mechanization, improve the performance of farming system and facilitate the transformation from the subsistence to commercial farming. B-BOVID INNOVATION CENTRE serves as a platform where knowledge and experiences will be shared among the rural communities. It also translate research document/ finding to the language of the rural communities.

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

B-BOVID operates on a unique profit-sharing principle, a win-win concept. Oil palm farmers who sell their produce to the company will receive an end of year bonus in addition to the market price. The bonus will be calculated based on the profit made on the produce over the financial year. Have created positive environmental impact . Restoration of degraded lands,, Climate Change mitigation & adaptation and Biodiversity conservation

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

Earned income -
We have developed sound agroforestry projects providing a reasonable commercial return to the farmers and B-BOVID
Development capital : scale up successful agroforestry initiatives and other alternative livelihoods and revenue generating streams
And have also developed Clear and positive market trends

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

• Information Communication Technology (ICT for Agriculture centre - Ist in Ghana, our profit-sharing and shared value policy, social investment land , provision of basic and modern agriculture services to our out-growers

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

B-BOVID
16 years ago my life centered on traveling from one conference to the other and different categories of workshops in Washington DC, New York, New Delhi, Oslo, Bonn, Melbourne, Praia, Nairobi, Dar es Salam, Addis Ababa, Pretoria, Johannesburg, Cape Town, Accra, Abuja, Kampala etc, All these workshop debated on Poverty Reduction /alleviation, Food Security, Climate Change, Millennium Development Goals, Sustainable Agriculture, wealth and job creation among others.
I found that while all of them talked about sustainability and poverty control, and repeatedly produced concepts and ideas, I saw there was a huge gap between the theories that reign in all these conferences/ workshops are different from the reality on the ground. That's why I decided to do something different, something practical and demonstrate a true and sustainable solutions to poverty reduction in most countries.

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

  • Upon recommendation from others

4 comments

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Photo of Michael Ugom

Climate change in agriculture.
Good topic..Climate change combat should be a global collective efforts aimed at saving planet earth for posterity

Photo of Issa

Thanks Micheal,
That is exactly what our thinking is, and we believe that it has to be tackled from the grassroots.

Photo of Issa

Thank you so much for the comment Moustapha -

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