Blue Gold Works Inc.

Blue Gold Works Inc.

Blue Gold Works is a Safe Water Enterprise that delivers impact at scale

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Security Type
Convertible Note
Categories
Agriculture
Min Investment
$100
Location
Fairfax, CA
Offering Date
February 04, 2021
Expected Close Date
April 30, 2021
Target Raise
$50.00K-$1.00M
Deal Notes

Price Per Share: $1.00

Company Description

Blue Gold Works is a Safe Water Enterprise that delivers attractive financial returns and significant social impact at scale. BGW sells high-value honey and oil from the abundant and drought-tolerant African Moringa tree and uses the water purifying compounds from the waste stream of the oil production in their drinking water filtering processes.  Using low-cost distribution channels in urban areas and unlocking the entrepreneurial potential of the rural poor is the key to serving the largest portion of the drinking water market at financially sustainable rates.

Key Deal Facts

Confidence in knowing solutions driven by women entrepreneurs are more successful and sustainable than charity aid.
Satisfaction that comes with taking action to fix the global water crisis
Peace of mind that comes with aligning one's investments with one's values.
Our team has more than 95 years of domain appropriate experience for successful management of Blue Gold Works Inc.
BGW is one of those rare enterprises that generates revenue AND big impact at scale.

Use of Proceeds

$50,000

  •  92.5% towards securing partnership agreements and purchase contracts for 2021 harvest; 7.5% towards Wefunder

$480,000

  • 10.4% towards partnership agreements and purchase contracts for 2021 harvest; 82.1% towards setting up and operating BGW WaterWorks for 18 months (break-even) in Ghana; 7.5% towards Wefunder

$698,000

  • 7% towards partnership agreements and purchase contracts for 2021 harvest; 54.4% towards setting up and operating BGW WaterWorks for 18 months (break-even) in Ghana; 31.1% towards farmer supports in Ghana, Nigeria, South Africa, Sierra Leone, and Zimbabwe; 7.5% towards Wefunder 

$861,000

  • 5.8% towards partnership agreements and purchase contracts for 2021 harvest; 45.7% towards setting up and operating BGW WaterWorks for 18 months (break-even) in Ghana; 25.2% towards farmer supports in Ghana, Nigeria, South Africa, Sierra Leone, and Zimbabwe; 15.8% towards establishing Regional Engineering & Manufacturing Hub in Africa; 7.5% towards Wefunder

$1,000,000

  • 5.5% towards partnership agreements and purchase contracts for 2021 harvest; 43.7% towards setting up and operating BGW WaterWorks for 18 months (break-even) in Ghana; 24.1% towards farmer supports in Ghana, Nigeria, South Africa, Sierra Leone, and Zimbabwe; 15% towards establishing Regional Engineering & Manufacturing Hub in Africa; 4.2% towards R&D mosquito control commercialization; 7.5% towards Wefunder

Management Team / Advisory Board Bios

Lynn Langford, Founder/CEO
Created a value chain improvement program at automotive giant and implemented US$640 million dollars of savings in 18 months. Lynn is a serial social entrepreneur, recognized "Water Hero", and advocate of earth-friendly sustainable solutions.

Alex Omijeh, Co-Founder Blue Gold Works Ltd Ng, Marketing
Born and educated in Nigeria, Co-Founder of BlueGold Ltd Ng, Alex is an extraordinary marketeer and innovator with broad and deep connections to Africa.

Dr Eva Roberts, Director Sierra Leone Moringa Pilot Farm
Dr. Eva Roberts is a surgeon who specializes in chronic waterborne illnesses. For a decade she has also recruited and trained women Moringa farmers, expanding their income and reducing waterborne illnesses in her community in Sierra Leone.

Deal Notes

Price Per Share: $1.00

Amount Raised : $0
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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