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.
I just found this blog and have high hopes for it to continue. Keep up the great work, its hard to find good ones. I have added to my favorites. Thank You. Warmtepomp installateur Leuven
Hi, I log on to your new stuff like every week. Your humoristic style is witty, keep it up Installateur zonnepanelen Limburg
I am impressed by the information that you have on this blog. It shows how well you understand this subject. Airconditioning
I am genuinely thankful to the holder of this web page who has shared this wonderful paragraph at at this place Zonnepanelen kopen
I like viewing web sites which comprehend the price of delivering the excellent useful resource free of charge. I truly adored reading your posting. Thank you! Installateur zonnepanelen
I think it could be more general if you get a football sports activity Warmtepomp installatie
The worst part of it was that the software only worked intermittently and the data was not accurate. You obviously canot confront anyone about what you have discovered if the information is not right. Lucht-lucht warmtepomp
I must say, I thought this was a pretty interesting read when it comes to this topic. Liked the material. . . . . Zonnepanelen met thuisbatterij
Hi, I log on to your new stuff like every week. Your humoristic style is witty, keep it up Prijs van een thuisbatterij
wow, great, I was wondering how to cure acne naturally. and found your site by google, learned a lot, now i’m a bit clear. I’ve bookmark your site and also add rss. keep us updated. Warmtepomp lucht-lucht
I just found this blog and have high hopes for it to continue. Keep up the great work, its hard to find good ones. I have added to my favorites. Thank You. Huawei batterij
6L777 introduces a simple and organized platform that highlights different sections for users wanting to explore online information in a clear and practical way. I appreciate how the layout prioritizes readability and helps visitors understand each category without unnecessary complexity. The website also seems to maintain regular updates, creating a smoother browsing experience for everyone visiting 6l777 vip
98win là nhà cái cá cược trực tuyến uy tín hàng đầu 2025, quy tụ hệ sinh thái giải trí đa dạng.Nền tảng đảm bảo nạp rút nhanh, bảo mật cao, giao diện mượt mà cùng nhiều ưu đãi hấp dẫn dành cho thành viên mới.
Would you mind generally if I mention several of your current blogs on condition that I give you acknowledgement and furthermore article sources returning to your site? My net page is in the similar area of interest as your own and my targeted customers would certainly benefit from many of the data that you offer right here. Please don’t hesitate to tell me if this is okay with you. Many thanks! rajabandot link
https://okfun.uk.net/ là nhà cái cá cược trực tuyến uy tín, sở hữu hệ sinh thái trò chơi đa dạng từ Thể thao, Bắn cá, Nổ hũ đến Xổ số hấp dẫn.
8s là gì là nhà cái cá cược trực tuyến nổi bật, được nhiều người chơi đánh giá cao nhờ uy tín, công nghệ hiện đại và sự minh bạch trong mọi hoạt động. Thương hiệu không ngừng cải tiến để mang lại trải nghiệm an toàn, thú vị cho cộng đồng thành viên trên toàn cầu..
nohu trên trang này mình thấy chơi khá mượt và tính năng thưởng cũng ổn định, nhất là những bạn thích trải nghiệm giải trí đơn giản nhưng vẫn muốn có cảm giác hồi hộp mỗi lần quay. Mình đánh giá giao diện rõ ràng, dễ thao tác và nội dung được cập nhật khá thường xuyên. Mong rằng trong thời gian tới sẽ có thêm nhiều sự kiện để người chơi tham gia. Trải nghiệm tại gamesnohu90 net
bet88 được nhắc đến khá nhiều thời gian gần đây như một địa điểm cập nhật thông tin giải trí và các chủ đề liên quan đến công nghệ ứng dụng trong trò chơi trực tuyến. Khi truy cập mình thấy giao diện rõ ràng, bài viết được trình bày dễ theo dõi và có phân loại nội dung khá chi tiết. Điều này giúp người đọc dễ tìm chủ đề mình quan tâm hơn. Tham khảo thêm tại bet8803 net
tg88 là 1 nhà cái trực tuyến rất nổi tiếng tại Việt Nam nói riêng và châu Á nói chung. Sân chơi nổi bật với bề dày lịch sử lâu năm, hệ thống game đa dạng, đầy đủ các thể loại từ truyền thống đến hiện đại. Với giao diện bắt mắt, tốc độ xử lý nhanh, bảo mật an toàn và thanh toán mượt mà, nhà cái ngày càng chiếm được chỗ đứng vững chắc và sở hữu hơn 10.000.000 thành viên.
Having read this I believed it was rather enlightening. I appreciate you finding the time and effort
to put this content together. I once again find myself
spending way too much time both reading and posting comments.
But so what, it was still worthwhile!
Here is my blog post :: okup cambodia
uu88 là nhà cái cá cược #1 Việt Nam, chuyên cung cấp nổ hũ, bắn cá, xổ số, online. Đăng kí UU 88 nhận ngay 888K vào tài khoản!
Your website is an incredible resource, and I want to thank you for the excellent content you provide. Every article is carefully researched and offers practical, actionable advice. I always leave your site feeling more knowledgeable, and I’m grateful for the time and effort you dedicate to creating such valuable content.
ufazeed
Hello, I enjoy reading all of your post. I like to write a little comment to support you.
Feel free to visit my web site; swimmingpool komplettset
I want to express my heartfelt thanks for the content you provide on your website. Each article is filled with well-researched information that is both easy to digest and extremely valuable. Your posts have helped me learn new things, and I always look forward to your latest articles. Keep up the great work, and thank you
x5bet
Hi to all, the contents existing at this web
site are actually remarkable for people experience, well, keep up the good work fellows.
my web blog … schwimmbecken online bestellen
nhà cái dn88 nền tảng còn sở hữu kho trò chơi phong phú, giao diện hiện đại, dễ sử dụng