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Jola Venture • www.jolaventure.com • email: [email protected] Strategy to Meet Challenges: Farm to Market Issues William Tiga Tita, Ph.D. D’Amore-McKim School of Business Northeastern University Boston, MA 02115 Presented at the NCIIA Annual Conference, March 20- 23, 2013, D.C. 05/14/2022

Open 2013: Strategy to Meet Challenges

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Page 1: Open 2013:  Strategy to Meet Challenges

Jola Venture • www.jolaventure.com • email: [email protected] 04/10/2023

Strategy to Meet Challenges: Farm to Market Issues

William Tiga Tita, Ph.D.

D’Amore-McKim School of Business

Northeastern University

Boston, MA 02115

Presented at the NCIIA Annual Conference, March 20-23, 2013, D.C.

Page 2: Open 2013:  Strategy to Meet Challenges

JOLA VENTURE

04/10/2023

Ensuring great harvests

www.jolaventure.com; [email protected]

Page 4: Open 2013:  Strategy to Meet Challenges

Jola Venture • www.jolaventure.com • email: [email protected]

the Farmers

• 70% = Dependent on Agriculture

• 65%+ small scale farmers in Africa

• 30% of Sub-Saharan Africa’s gross domestic product.

04/10/2023

Source: Facts about Agricultural Development in Africa, Bill & Melinda Gates foundation

Page 5: Open 2013:  Strategy to Meet Challenges

Jola Venture • www.jolaventure.com • email: [email protected]

Roof drying

the Problem

04/10/2023

Smoke drying

Sunlight Exposure

High Post Harvest Losses-(geographies, crops & growing conditions) :

1. Supply Chain issues

2. Food Preservation • Lack of access to electricity• Limited technologies &

resources

Traditional Methods

• Inefficient and Ineffective • Deleterious to health• Denatures nutritive values

Page 6: Open 2013:  Strategy to Meet Challenges

Jola Venture • www.jolaventure.com • email: [email protected]

our Solutionthe SolPOD:

– dehydrates food 100x faster– preserves nutrients and taste of food– increases shelf life by 20x on average

04/10/2023

Clean

Fast

Easy 3 Drying Chamber Hot air absorbs moisture from produce and carries it away

2 Solar Collection AreaDry, hot air expands and rises due to natural convection.

1 Cool Air Intake Cool air is sucked up due to the pressure difference

Page 7: Open 2013:  Strategy to Meet Challenges

Jola Venture • www.jolaventure.com • email: [email protected] 04/10/2023

Evolution of the SolPOD

1st Generation• Collapsible prototype• Expensive 3-D printed support cap• Center pole support• Cumbersome produce storage racks

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Page 8: Open 2013:  Strategy to Meet Challenges

Jola Venture • www.jolaventure.com • email: [email protected] 04/10/2023

Evolution of the SolPOD

2nd Generation• 3 prototypes • Expensive 3-D printed support cap• Center pole support• New Stacking Storage Racks• New Solar Collection Material• Zippers removed

Results• Plastic did not perform as

expected• Assembly time needed

reduced• Skirts need adjustable tension

Page 9: Open 2013:  Strategy to Meet Challenges

Jola Venture • www.jolaventure.com • email: [email protected] 04/10/2023

Evolution of the SolPOD

3rd Generation• 10 prototypes • 3-D printed support cap redesigned

reducing cost by $300• New support structure• Several Solar Collection Materials

for optimization• Tension adjustment added• Removable bucket feature added

for easy load/unloading

Page 10: Open 2013:  Strategy to Meet Challenges

Jola Venture • www.jolaventure.com • email: [email protected] 04/10/2023

Coolest Co-op

Co-op Video

Page 11: Open 2013:  Strategy to Meet Challenges

Jola Venture • www.jolaventure.com • email: [email protected]

Go to Market Strategy

• Work with farmer’s Common Initiative Groups (CIGs)

• Organize post harvest and market awareness

campaigns

• Establish packaging & distribution center

• Create On-site Research Process Translational Lab

04/10/2023

Page 12: Open 2013:  Strategy to Meet Challenges

Jola Venture • www.jolaventure.com • email: [email protected] 04/10/2023

Farmers(CIGs)

3rd Party Buyer

3rd Party Lender

Jola Venture

Go to Market Model

Pre-Harvest (green arrows)1. 3rd party buyer advance purchase order (PO)2. Jola uses this PO as collateral for credit 3. Third party lender provides credit to Jola Venture4. Jola provides Technologies, ICT skills, and Farming Inputs

Post-Harvest (blue arrows)5. Farmer groups provide harvest to Jola Venture

7. Jola ships dried and fresh produce to to 3rd party buyer, per PO8. Buyer pays lender directly

9. Lender pays loan difference to Jola

10. Jola pays final amount to farmer groups

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JVSolpod Farm

MarketsProcessing

6. Jola venture processes and dries produce

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