Description
Topcity enterprise is a food processing company focused on processing and marketing fruits, vegetables, spices, and herbs.
Market Opportunity/ Problem
The company aims to address food security through sustainable agriculture in Nigeria. Topcity specifically aims to cut out the middle men and directly buy from smallholder farmers to ensure that these farmers receive fair pricing. In so doing, the company ensures that these farmers, and their dependents, are able to make higher incomes
Company Information
Years of operation
7
Type of organization
Sole Proprietorship
Stage of the business
Early stage/ Startup
Agribusiness focus
Primary production
Agriculture value chain(s) focus?
Other
Primary country of operation
Nigeria
Other country(ies) of operation
N/A
How many employees does your business have?
10
Does the business have more than 30% women ownership?
Yes
Does the business have more than 30% youth ownership (under 35 years)?
Yes
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
50k-500k
What is the split between equity and debt?
50% Equity, 50% Debt