This business proposal aims to introduce and outline the establishment of a Black Soldier Fly (BSF) larvae rearing business in Ethiopia. The proposal provides a comprehensive overview of BSF larvae rearing, emphasizing its importance, applications, and the benefits it offers. It presents step-by-step guidelines for setting up the rearing facility, including location selection, housing requirements, substrate selection, and management practices. The proposal also delves into sourcing BSF larvae, discussing options such as self-breeding and commercial suppliers. It highlights the key considerations for rearing BSF larvae, including feeding and nutrition, watering and hydration, larvae growth monitoring, and managing larvae density. The importance of maintaining the health and well-being of the larvae is emphasized, along with strategies for disease prevention, identification, and treatment. Furthermore, the proposal outlines the harvesting process, including optimal harvesting time, techniques, and post-harvest processing. It explores the utilization of BSF larvae and the various value-added products that can be derived from them. Additionally, it emphasizes the importance of record keeping and data management for monitoring and evaluating the business's performance. The proposal includes various canvases, such as the Business Model Canvas, Customer Segment Canvas, Value Proposition Canvas, Production Canvas, Marketing Canvas, Cost Structure Canvas, Economic Canvas, and Troubleshooting Guide. These canvases provide a structured framework for planning and executing the BSF larvae rearing business. Overall, this business proposal serves as a comprehensive guide for individuals or organizations interested in starting a BSF larvae rearing business in Ethiopia. It provides valuable insights and practical recommendations to ensure the successful establishment and operation of a sustainable and profitable venture in the emerging field of BSF larvae rearing.