May 5

Blog #14

  1. Refine the income statement for your venture
    1. https://docs.google.com/spreadsheets/d/1CQKaeNLd6JmXY_YQxo1gLHRVsTL6Nbyb82a9VzAMry8/edit?usp=sharing
  2. Refine the capital expenditure budget
    1. same spreadsheet as above.
  3. Identify two SPECIFIC funding sources for the design phase of your project and two SPECIFIC funding sources for the dissemination (implementation / distribution / commercialization) phase of your project. For each funding source, explain why this is a good fit for your project, and what SPECIFIC aspect of your project might the funding source support.
    1. Design phase and why (2)
      1. National Science Foundation (NSF) – The NSF funds research and development in a wide range of scientific and engineering fields, including healthcare technology. The Alexa project could fall under their Smart Health and Wellbeing program, which supports the development of intelligent systems that can improve health and wellness outcomes. The NSF could support the design and development of the Alexa healthcare application by providing funding for research, hardware and software development, and testing.
      2. National Institutes of Health (NIH) – The NIH provides funding for research and development in a variety of healthcare-related fields. The Alexa healthcare application could be funded by the National Institute of Biomedical Imaging and Bioengineering (NIBIB) or the National Library of Medicine (NLM). NIBIB funds the development of biomedical imaging and bioengineering technologies that improve human health, while NLM supports the development of information services that can improve healthcare delivery. The NIH could provide funding for the design and development of the Alexa healthcare application, as well as testing and validation of the system.
    2. Dissemination and why (2)
      1. National Institute of Standards and Technology (NIST) – The NIST is a federal agency that develops and promotes standards, measurement, and technology to enhance economic security and quality of life in the United States. The Alexa healthcare application could be funded by the NIST to support the development and implementation of standards and guidelines for the use of voice assistants in healthcare settings. The NIST could provide funding for research on the security and privacy implications of the technology, as well as for the development of guidelines for data management and interoperability with other healthcare technologies
      2. VentureWell (maybe: Ascend Medtech Accelerator, powered by VentureWell and LEAP) – “The Ascend Medtech Accelerator, powered by VentureWell and LEAP, is a 12-week intensive program that prepares startups for the partnerships and investment necessary to launch their venture. Entrepreneurs-in-residence work closely with startups to prepare their business models for due diligence.” This program is mainly run online (aside from three days in the very beginning and the last day) during the summer. The program scheduling fits well with Mountaintop. (https://venturewell.org/ascend-leap/)
      3. NSF Program on Fairness in Artificial Intelligence in Collaboration with Amazon (https://new.nsf.gov/funding/opportunities/nsf-program-fairness-artificial-intelligence):
  1. Identify five specific partnerships that you need to forge to advance your project forward with the ultimate goal of positively impacting at least one million people. Describe exactly how that partnership might help you achieve scale and why that entity might be willing to work with you.
    1. Sierra Leone Government
      1. The government of Sierra Leone could be a valuable partner for an Amazon Alexa project as they could help provide support, resources, and funding for the initiative. The government’s involvement can also help increase the project’s visibility, build trust with the local communities, and provide access to critical data and insights.
    2. Amazon
      1. Could provide access to resources such as software development kits, marketing and promotion, and support services for scaling the Alexa healthcare application. Amazon may be willing to work with a project team to advance the use of Alexa in healthcare settings as it aligns with their mission to improve people’s lives through technology.
    3. Lehigh Valley Health Network
      1. Help us understand the physician or healthcare worker perspective of technology coming into this space. Access to patients and credibility and trust will help us gain more knowledge when developing different use cases.
    4. Red Cross (or other non-profits)
      1. Could help the project team connect with patients and caregivers who are most in need of the Alexa healthcare application. Nonprofit organizations may be willing to partner with a project team if the Alexa healthcare application aligns with their mission to improve the health and wellbeing of their constituents.
    5. St. Luke’s
      1. Partnering with healthcare providers such as hospitals, clinics, and physician groups could provide access to a large patient population and help the project team understand the needs and preferences of healthcare providers and patients. Healthcare providers may be willing to partner with a project team if the Alexa healthcare application can help improve patient outcomes and reduce healthcare costs.


Posted May 5, 2023 by Aabiskar Thapa Kshetri in category Uncategorized

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