COMPANY  - Addistag Systems PLC

FOUNDER   - Yafet Birhanu

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INSPIRATION TO START THE BUSINESS

Passion for programming and experience of new software technologies especially location-based solutions like mobile maps and web maps made me be invested in this sector.

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BACKGROUND OF THE FOUNDER

Several years of work experience as a GIS specialist and data science in a number of natural resource modelling works. Scientific data collection, processing and presenting was my daily activity. I am deeply interested in map-making which eventually leads me to web-based maps.

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DESCRIPTION OF BUSINESS ACTIVITIES

Addistag Systems, PLC is an Android application development company which creates apps including ATM locator apps, Ethiopian calendar apps, and the Berhan Books application. All apps are hosted on the Google Play Store.

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- Years in Operation

3 years of operation after establishing my start-up company.

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- Number of staff

2 personnel working with additional project based part-timers when needed.

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KEY CHALLENGES

  • Unreliable internet infrastructure.
  • A new culture for technology utilization.
  • Long and tedious bureaucracy for collaborations with state and big firms.
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SOCIAL IMPACT

Thousands of people have used our free mobile application products like ATM Locator and Ethiopian Calendar. We have published several mobile applications at a different time and showcased our work on exhibitions and also pitched projects on several stages. We hope we have contributed to awareness creation among people about startups by putting ourselves as an example.

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FUTURE EXPANSION PLANS

In the future, we plan to hire more people and produce location-based utility mobile applications and also want to involve in the finance sector as product developers.

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FUNDING REQUEST

Annual Turnover- Under 300,000 ETB

Amount of Financing Needed (USD) - 70,000 USD, one-year investment to rollout future utility mobile applications.