Business Plan on Hydroponics Vegetable Farm Executive Summary in Nigeria

Hydroponics farm business includes growing plants, greenery, flowers, and herbs, etc. by providing them the optimal environment and necessary nutrients without indulging yourself in the draining and actual lengthy procedure of growing plants in soil. Hydroponic farms are mainly perfect for indoor spaces. Plants are grown in a water-based nutrient solution instead of soil, making it far easier to produce crops in a stable environment with minimal risk of pests. In these we also cover all the following topics;

Different types of hydroponic systems

Hydroponic system maximum yield

Cost to make an acre of a hydroponic farm in India

Profitable Hydroponic Farming in India

Factors affected in hydroponic crop yield

Process for hydroponic crops growing

Hydroponics is growing plants in water or sand, rather than soil, which is done using mineral nutrient solutions in a water solvent. Additionally, this indoor farming induces plant growth, making the process 50 percent faster than growth in soil and the method is cost-effective. Mineral nutrient solutions are mainly used to feed plants in water. You must prepare a proper hydroponic farming business plan to achieve desired profits in hydroponics.

NCS Hydroponics Vegetable Farm is a new farm that is involved in the Production, sales and distribution of highly nutritious disease-free, high-quality, organically cultivated green leafy vegetables targeting consumers throughout Lagos and Ogun Nigerian. PHVF chose to grow food hydroponically to safe costs, produce all year round without interrupted supply and eliminate all the challenges of conventional farm land farming. Also, prices of plot sizes of agricultural lands around major cities are on the higher increase, this hereby pushes farms into very remote places far from cities and with poor road network and basic social amenities, therefore devising this modern farming technique helps us to stay near our target market.

PHVF is established as a limited liability company owned by Jude Okon, Adebayo Tijani, and other investors.  The company is a combination of cutting edge, high quality, efficient food technology and production. It is committed to the improvement of taste in vegetables and excellent quality and nutritional value. The company will provide education, experience and research in the hydroponic field. We are opportune to have a consultant Mr Iyke Gibeon from BIC, as a board member. This project will constantly supply vegetables for local market and soon, international markets. We will also provide greens for livestock farms.

NCS Hydroponics Vegetable Farm will basically sell healthy disease-free and highly nutritious vegetables. We produce process and package to meet standard organization of Nigeria and also the international industry standard. We are concerned about providing vegetables products that meets for edible purposes. The 4 main crops to be grown will be cabbage, variety of tomatoes, cucumbers, and bell peppers others are garden eggs, broccoli, spinach, celery, and livestock green feeds like: duckweeds, azolla, barley fields and others to be introduced soon.

Tomatoes: 4ha under plastic which will produce 2100 000 kgs per year

Peppers: 1ha under plastic which will produce 250 000 kgs per year

Cucumbers: 1ha under plastic which will produce 205 000 kgs per year

Cabbage: 5ha under plastic area to produce 500,000kgs per year.

Financial Considerations of Hydroponics Vegetable Farm in Nigeria

NCS Hydroponics Vegetable Farm is seeking both short-term and long-term funding to finance the purchase of a new farm and development costs of the project. This will cover startup expenses and first year loses. It is estimated that the company will begin to make a profit in year 2 of operations. The project is expected to begin production within 8 months from start of the first tunnel being erected.

Business Description of Hydroponics Vegetable Farm in Nigeria

NCS Hydroponics Vegetable Farm is being founded to build upon an extensive array of biological and horticultural education, experience, and the research of its founders. This farm uses the hydroponics technique to grow its vegetable and fruits to edge over the challenges of land farming. The idea behind the business is to provide healthy and delicious vegetables and fruit to the public at consistent supply pace. In addition to vegetables and fruits, the company plans to train more farmers and conduct extensive research in adopting the hydroponics techniques to growing more local vegetables.

We produce process and package to meet requirements of the standard organization of Nigeria (SON)& NAFDAC.

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Company Locations and Facilities of Hydroponics Vegetable Farm in Nigeria

The farm is located in Wawa, Lagos-Ibadan Expressway 8mins drive to state capital Ikeja.

The operation will utilize:

One large greenhouse, enclosing the vegetable area.

Horticultural greenhouse.

Filters, water treatment devices.

Backwash facilities.

Outdoor vegetable facilities.

Business office building.

Vision of Hydroponics Vegetable Farm in Nigeria

Our vision is to be the foremost hydroponic farm and largest vegetable producer/distributor in Nigeria by 2025.