Conner Calzone, Roy Ndebvudzemene, Tiffany Pang
Refine the detailed income statement for your venture for two years (at six-month intervals) or a more appropriate time scale. Explicitly state the assumptions that underlie your financial model.
https://docs.google.com/spreadsheets/d/1UtqK6RgJZu4CY-PxDmE8mOEYOrnFLLXNnSJtWPgsFM8/edit?usp=sharing
Assumptions:
- Sierra Leone and other developing countries may not have the ability to afford the device, so these costs will be taken up by the following partners, potential donors and organizations who have innovation fund programs that could fund our project for several years.
- Our goal is to make an IMPACT, and national screening program for all newborns. It is not about making a profit. Therefore, profits from bulk sales are reinvested in the project and SCD relief efforts, such as patient support, education, penicillin therapies and into families. Profits from Direct Sales can also be reinvested to organizations like Sickle Cell Society and others
- The venture will operate with economies of scale and we expect most sales to be from bulk pricing. Current estimations are unit prices of $4.50 for bulk pricing and $5.50 for direct consumer channels.
- Our plan is to have the health care systems in Sierra Leone well equipped to use the test strip directly and advocate to diagnose 75% of newborns for SCT/SCD in the third year after introducing our device. By year 3, 330,000 units will be sold and distributed to hospitals in the country.
Refine the Business Model for your venture based on your revenue model. You may use the Osterwalder BMC to refine your business model but prepare one or more visuals that explain how your venture will work and accomplish your BHAG.
Develop an M&E plan for your venture.
-
- Our Distribution Strategy consists of receiving grants from donors like WHO or UNICEF to fund our venture. Our device will be made in a manufacturing plant in China and will be shipped to our staff members in Sierra Leone. Then in Sierra Leone, the majority of the devices will be distributed to hospitals while some devices will be distributed to pharmacies. By introducing our device into Sierra Leonean hospitals, we can make a long-lasting impact by diagnosing for SCD early and using our profits to fund SCD relief efforts and treatments like penicillin prophylaxis. For Monitoring and Evaluation, our staff will collect data from hospitals in which our device is in their standard operating procedures. This would be after the hospital staff are trained by our training expert. Then, our project manager will record data like the number of SCD babies born in each hospital, the total births at each hospital and the SCT allele frequency in babies born.
- Clearly list all assumptions
- We are planning to launch our product in Sierra Leone in Summer 2023. By cross-referencing a population density map and a map of all the public hospitals in Sierra Leone, we have constructed an ordered list of hospitals where we will introduce our device. One year after launch, we expect to be implemented in 10 densely populated hospitals encompassing many areas of the country. Two years after launch, we expect to be in 25 hospitals, and three years after launch, we expect to be in at least 50 hospitals diagnosing 75% of the newborns.
- To fund our venture, we will need $1.25 million over the next 5 years. Donor Spending on Child Mortality in Sierra Leone will total to $75 million over the next five years. Our venture can eliminate 4% of child mortality in Sierra Leone, so it is well worth the investment from donors.
- Our staff includes: hiring a project manager, relationship manager, and training expert. Managers will have access to transportation, internet, and networking budgets. Additionally, we will use an advertising budget to raise awareness of the severity of SCD as well as the newborn testing options available. The venture will operate with economies of scale and we expect most sales to be from bulk pricing. Current estimations are unit prices of $4.50 for bulk pricing and $5.50 for direct consumer channels.
- The newly born infants in Sierra Leone are our target users, yet we plan to sell the devices in bulk to donors such as WHO or UNICEF, who will help distribute them to the public hospitals. Additionally, we have accounted for some direct sales to pharmacies in our sales projections.
- Identify short-term and long-term success metrics.
Short-term: We are planning to launch our product in Sierra Leone by the Summer of 2023. The newly born infants in Sierra Leone are our target users, yet we plan to sell the devices in bulk to WHO or UNICEF, who will help distribute them to the public hospitals we prioritize. Our plan is to successfully screen about 75% of newborns in Sierra Leone for SCT/SCD after three years of introducing our device.
Long-term: 5 years from now, our metric for success is the venture being sustainable and autonomous from our input. The operations of the project are to be absorbed into the Sierra Leone Ministry of Health which will continue screening for SCD/SCT in infants. Then from our launch, our goal of about 90% of newborns being diagnosed will be reached.
- Identify specific methods to measure any metrics.
- Our profits from direct sales could be reinvested into organizations such as Sickle Society and education efforts while profits from bulk sales would be reinvested into the project and penicillin prophylaxis treatments, which costs $184 per each saved year of life for SCD patients.
- Five years from launch, the venture will be sustainable and autonomous from our input as we will shift our focus to look at the intellectual side: strategic gaps, false positives/negatives. The project will be absorbed into the Sierra Leone Ministry of Health which will continue screening for SCD/SCT for newborns because they have the authority and funds to sustain our venture.
Some genuinely interesting information, well written and broadly speaking user friendly . win456
You need to join in a contest for one of the most useful blogs on the internet. I will recommend this web site! ds3w.pl
Hello! I simply would want to offer a large thumbs up for your wonderful info you’ve here on this post. I will be returning to your blog site for further soon. Mid Thigh Socks
It’s rare to locate an expert in whom you might have some faith. In the world at present, nobody absolutely cares about showing others exactly how in this subject matter. How happy I am to have now found a really wonderful website as this. It’s people like you exactly who make a true difference nowadays through the ideas they talk about. mad labs carts flavors
Good write-up, I’m regular visitor of one’s web site, maintain up the excellent operate, and It’s going to be a regular visitor for a long time. mania Olympus
I just could not go away your website prior to suggesting that I extremely loved the usual info a person supply to your guests? Is gonna be again regularly in order to check out new posts. ساکشن غبغب در مشهد
As I website possessor I believe the content matter here is rattling great , appreciate it for your hard work. You should keep it up forever! Best of luck. naga303
I have read several good stuff here. Definitely worth bookmarking for revisiting. I surprise how much effort you put to create such a wonderful informative web site. Business visa consultants
woh I enjoy your articles , saved to bookmarks ! . situs slot gacor
You have to live like others are unwilling to for awhile, to be able to live like others can’t Sperrmüll Entrümpelung Berlin
For example, Sam Goode (Callan McAluiffe)is the nerd that believes in aliens and gets picked on for it and has a step dad who is abusive towards him. Schrank entsorgen Berlin
A person necessarily help to make critically posts I’d state. That is the first time I frequented your web page and to this point? I amazed with the analysis you made to create this actual submit incredible. Excellent process! Sperrmüll Abholung Berlin
Excellent blog here! Additionally your site lots up fast! What host are you the use of? Can I get your affiliate link to your host? I want my website loaded up as quickly as yours lol Entrümpelung Berlin
I’m impressed, I must say. Genuinely rarely will i encounter a blog that’s both educative and entertaining, and without a doubt, you’ve got hit the nail for the head. Your idea is outstanding; the catch is an element that there are not enough everyone is speaking intelligently about. I am happy which i found this within my hunt for some thing about it. Atlanta GA CFO services
I cant belive this article appeared in Google News! Great work! Google likes your writing! research chemical store
I just now wanted to tell you how much we appreciate every thing you’ve discussed to help enhance the lives of men and women in this subject matter. Through your own articles, we have gone from just a novice to a professional in the area. It’s truly a honor to your work. Thanks summon sim cheat
There is noticeably a lot of money to learn about this. I assume you have made certain nice points in features also. 188betth
Youre so cool! I dont suppose Ive read anything like that prior to. So nice to discover somebody by original ideas on this subject. realy appreciate starting this up. this website is one thing that is required on the internet, a person if we do originality. beneficial job for bringing new stuff to the web! togel online
Thanks for the blog loaded with such a large amount of info. Stopping by your blog helped me to urge what i used to be probing for. Water Heater Repair
Take pleasure in a person’s pictures leisure activity and remember – continue experimenting along with various perspectives plus brand-new lighting. Don’t possibly be worried to obtain creative! situs togel depo 5k
I’d need to talk with you here. Which isn’t some thing It’s my job to do! I like reading a post that will get people to believe. Also, thanks for allowing me to comment! olxtoto 4d
Their comic timing is great, and can still deliver the emotions when you need them to. profil fiyatları
Can I simply say that of a relief to discover one who actually knows what theyre dealing with on the web. You definitely discover how to bring a difficulty to light to make it critical. Workout . really need to check out this and understand why side of your story. I cant believe youre no more well-known when you definitely contain the gift. telefon santrali
Why kill these teenagers who are a part of the legacy? lazer kesimci
I’d ought to check with you here. Which isn’t some thing I usually do! I quite like reading an article which will make people feel. Also, thank you permitting me to comment! 분당 룸
Oh my goodness! an incredible write-up dude. Many thanks Nevertheless My business is experiencing trouble with ur rss . Do not know why Cannot enroll in it. Perhaps there is anyone obtaining identical rss problem? Anyone who knows kindly respond. Thnkx 중고명품판매
Finicky post, finicky site, I give rise to bookmarked your blog, it truly is acceptable responsibility this. Say thanks. london physiotherapy
Thank you a lot for sharing this with all of us you actually understand what you’re talking approximately! Bookmarked. Please also visit my site =). We may have a hyperlink alternate contract among us! toto 4D
Well, I do not know if that is going to work for me, however definitely proved helpful for you! Excellent post! olxtoto resmi
There are a couple of interesting points over time in this article but I do not determine if these people center to heart. There exists some validity but I’m going to take hold opinion until I investigate it further. Very good post , thanks and that we want more! Added to FeedBurner likewise olxtoto link
Regardless, comedy isn’t easy and The Other Guys do an admirable job stepping up. https://daunemas10a.com
Spot up for this write-up, I actually believe this excellent website needs a lot more consideration. I’ll oftimes be once again to learn to read far more, thanks for that info. daunemas
Hello! I recently would choose to make a enormous thumbs up for the great information you have here for this post. We are coming back to your blog site for much more soon. petirzeus88
Nice post. I learn something more difficult on diverse blogs everyday. It will always be stimulating to learn content from other writers and practice a little there. I’d opt to apply certain while using content on my blog whether or not you don’t mind. Natually I’ll provide link on the internet weblog. Thank you for sharing. koi55
All three guys hate their jobs and two of the three are involved in blackmail, leading them to their next possible choice: kill each other’s bosses. winslot303
Hello! I merely would wish to give you a massive thumbs up for the excellent info you’ve got here for this post. I am returning to your blog site for much more soon. pipeline coatings
site promotion will always be a tedious job but you can outsource site promotion on some indian or pakistani guy- togel online
you can also save a lot of money when you do some home rentals, just find a cheap one* ドレッサー
Youre so cool! I dont suppose Ive read anything in this way prior to. So nice to get somebody with original thoughts on this subject. realy we appreciate you beginning this up. this web site is something that is required on the web, a person after some originality. valuable work for bringing new stuff on the web! ペーパードライバー講習
I discovered your blog site internet site on the internet and appearance many of your early posts. Keep in the really good operate. I just now extra up your Feed to my MSN News Reader. Looking for toward reading more of your stuff down the line!… rajaslot
I and my friends happened to be going through the good tips and hints on your web blog and before long came up with a terrible feeling I never expressed respect to the web blog owner for those techniques. My ladies were certainly glad to learn them and have in effect surely been taking pleasure in those things. Thanks for actually being considerably considerate and for pick out varieties of wonderful themes millions of individuals are really desirous to learn about. My very own honest regret for not expressing gratitude to sooner. situs slot gacor
That was a great blog. You made some exceptional points and I appreciate for your insight! اخبار حوزه سلامت و سبک زندگی
This would be the appropriate blog for anybody who really wants to find out about this topic. You are aware of so much its practically difficult to argue with you (not too I really would want…HaHa). You certainly put a brand new spin on the topic thats been revealed for years. Excellent stuff, just excellent! olxtoto link alternatif