Difference between revisions of "Team:XJTU-China/Entrepreneurship"

 
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             <li class="nav-item"><a href="#section1">Abstract</a></li>
 
             <li class="nav-item"><a href="#section1">Abstract</a></li>
 
             <li class="nav-item"><a href="#section2">Product application</a></li>
 
             <li class="nav-item"><a href="#section2">Product application</a></li>
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             <li class="nav-item"><a href="#section5">Market analysis summary</a></li>
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             <li class="nav-item"><a href="#section3">Market analysis summary</a></li>
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             <li class="nav-item"><a href="#section6">Financial department</a></li>
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             <li class="nav-item"><a href="#section4">Communicate with target customers</a></li>
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             <li class="nav-item"><a href="#section6">Plan for future</a></li>
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            <li class="nav-item"><a href="#section5">Financial department</a></li>
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             <li class="nav-item"><a href="#section6">Achievements</a></li>
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            <li class="nav-item"><a href="#section7">The plan for future</a></li>
 
           </ul>
 
           </ul>
 
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             <h1 class="font-weight-bold text-center">Public Engagement</h1>
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             <img src="https://static.igem.org/mediawiki/2018/2/2f/T--XJTU-China--HP-ENTRE-HEAD.png"class="mx-auto d-block" />
 
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               </div>
 
               </div>
 
               <p>
 
               <p>
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               Our product, D-psicose, has a variety of medical benefits, such as a certain effect in controlling blood sugar. We believe that our products can benefit many people and achieve commercial success. To commercialize our project, we have done a lot of related work.
+
               Our product, D-psicose, has a variety of medical benefits, for example a certain effect in controlling blood sugar. It has been proved that our products can benefit many people and achieve commercial success. We have done a lot of related work to commercialize our project.Customer surveys were made to understand the public's understanding and acceptance of D-psicose.Market research was a way to highlight the superiority of our products through comparison. Through this process, possible costs and profits were also estimated.Another important step is learning the laws governing the conversion of patents and products in the process of commercialization. Besides, product application, market analysis and financial summary are three main aspects of our entrepreneurial work summary.
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              </p>
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              <p>
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              In order to understand the public's awareness and acceptance of our products, we interviewed several target customers to collect their suggestions and requirements, which have had a great impact on the development of our products.
+
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              </p>
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              <p>
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                We conducted extensive market research, compared existing products with our products, and analyzed possible costs and profits, which has a profound impact on our analysis of the future development of our products.
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              </p>
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              <p>
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                We have consulted and researched the law on patent and product technology conversion. We summarize our entrepreneurial work in terms of product application, market analysis and financial summary.
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               </p>
 
               </p>
 
        
 
        
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              <p style="font-family:Times;font-size:30px;">
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                <h3>
 
               Research on the feasibility of entering the market and patent applications
 
               Research on the feasibility of entering the market and patent applications
 +
              </h3>
 +
             
 +
              <p style="text-align:right;">
 +
              Shangwei Lv<br>Xi’an Jiaotong University
 
               </p>
 
               </p>
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               <p style="font-family:Times;text-align:right;font-size:20px;">
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               <div class="row">
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              Shangwei Lu, Xi’an Jiaotong University
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                  <div class="col-sm-4">
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                    <img src="https://static.igem.org/mediawiki/2018/d/d7/T--XJTU-China--HP-entrepreneurship-1.jpg" class="mx-auto d-block" style="width: 90%" />
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                  </div>
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                  <div class="col-sm-8">
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                    <p>
 +
                Teacher Lv is an expert in the transformation of knowledge into practise. To ensure that our project products can be patented and have the potential to enter the market, we discussed  related issues with him.
 
               </p>
 
               </p>
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              <img src="https://static.igem.org/mediawiki/2018/d/d7/T--XJTU-China--HP-entrepreneurship-1.jpg" class="mx-auto d-block" />
 
 
               <p>
 
               <p>
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                 Teacher Lu is an expert in the transformation of basic achievements. In order to ensure that our project products can be patented and have the potential to enter the market, we discussed it with him on related issues.
+
                 After the discussion, we believe that industrial production of D-psicose is feasible. Nevertheless, there is still a lot of work to be done.
 +
              </p>     
 +
                  </div>
 +
            </div>
 +
             
 +
           
 +
              <p><b>
 +
                Through Mr. Lv, we learned that commercial production of D-psicose needs to focus on the following four aspects.
 +
              </b></p>
 +
              <ul>
 +
                <li>The complete laboratory process is the basis of industrialization.</li>
 +
                <li>The production technology of naloxone involves property rights issues. Cooperation with the company includes, technology transfer and shareholding, R&D, collaboration with enterprises, joint training of talented people etc.</li>
 +
                <li>To start a business, the issues that need to be considered in the early stage are: source of funding, plant selection, production equipment, management team, raw materials, market research, etc.</li>
 +
                <li>Product pricing needs to be considered, for example, raw material costs, equipment costs, plant fees, utilities, depreciation rates, labor costs, production, predicted sales volume, existence of similar products in the market, market growth, advantages and disadvantages of this product, etc.</li>
 +
              </ul>
 +
            </div>
 +
 
 +
            <div class="page-header" id="section3">
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              <h2>Market analysis summary</h2>
 +
            </div>
 +
            <div>
 +
              <p>
 +
                Based on the survey, we summarized the current beverages on the market and counted the sweeteners used in them.
 
               </p>
 
               </p>
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              <a data-toggle="collapse" data-parent="#accordion" href="#table1" class="collapsed btn" aria-expanded="false">Show or hide the table</a>
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              <ol class="list-group collapse" id="table1" aria-expanded="false" >
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                <div style="text-align: center;">
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                  Types of sweeteners in different beverages
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                </div>
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                <img src="https://static.igem.org/mediawiki/2018/8/8f/T--XJTU-China--HP-GOLD-table1.png" class="mx-auto d-block"/>
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              </ol>
 
               <p>
 
               <p>
−
                 After discussion, we believe that industrial production of psicose is feasible, but there is still a lot of work to be done.
+
                 By investigating the types of sweeteners in different beverages, we found that most soda drinks use a variety of sweeteners. the sweeteners in juice drinks are mainly white sugar and will affect human health. Thus, D-psicose is potentially a healthy sweetener.
 
               </p>
 
               </p>
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              <a data-toggle="collapse" data-parent="#accordion" href="#table2" class="collapsed btn" aria-expanded="false">Show or hide the table</a>
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              <ol class="list-group collapse" id="table2" aria-expanded="false" >
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                <div style="text-align: center;">
 +
                  Sweeteners comparison table
 +
                </div>
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                <img src="https://static.igem.org/mediawiki/2018/0/0e/T--XJTU-China--HP-GOLD-table2.png" class="mx-auto d-block"/>
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              </ol>
 
               <p>
 
               <p>
−
                 Through Mr. Lu, we also learned that commercial production needs to focus on the following four aspects.
+
                 Through our investigation we found that most currently used sweeteners are not as sweet as sucrose. They will cause dangerous side effects on the human body. In contrast, D-psicose has a high degree of sweetness, low calorie, and no known side effects. This proves that D-psicose has  a highly possible advantage of entering the market.
 
               </p>
 
               </p>
 +
            </div>
 +
            <div id="section4">
 +
              <div class="page-header">
 +
                <h2>Interviews with corporate technicians</h2>
 +
              </div>
 
               <ul>
 
               <ul>
−
                 <li>The complete process of the laboratory is the basis of industrialization.</li>
+
                 <li>
−
                <li>The production technology of naloxone involves property rights issues, and the ways of cooperation with the company include technology transfer, technology transfer, technology shareholding, cooperative R&D, university R&D, cooperation with enterprises, joint training of talents, etc.</li>
+
                  Most of the elderly we surveyed have diabetes.
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                <li>If you choose to start a business, the issues that need to be considered in the early stage are: source of funds, plant, production equipment, management team, raw materials, market, etc</li>
+
                </li>
−
                <li>Product pricing needs to be taken into account: raw material costs, equipment costs, plant fees, utilities, depreciation rates, labor costs, production, sales, total market for similar products, market growth, market growth, advantages of this product, etc.</li>
+
                <li>
 +
                  As living conditions improve, people's concern about physical health is increasing. More than half of the elderly say that they usually eat more vegetables and eat less sugary food. They are very focused on the stability of their blood sugar.
 +
                </li>
 +
                <li>
 +
                  Most of people respond positively to our project about D-psicose, support research and development, and are willing to buy healthier products,
 +
                </li>
 
               </ul>
 
               </ul>
 
             </div>
 
             </div>
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             <div id="section3">
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             <div class="page-header" id="section5">
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               <h3>Laboratory Open Day: Bacterial Painting</h3>
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               <h2>Financial Department</h2>
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               <p>
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            </div>
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                 For our project we have a science camp on synthetic biology. One of the most interesting activities is Bacterial Painting. We used solid-state medium as the "paper" for painting, using heat-activated, IPTG-activated expression of RFP, GFP, and BFP as luminescent proteins. We also invited the school's professors to give a lecture on aseptic handling and microbes before the event began.
+
            <div>
 +
               <p style="text-align: center;">
 +
                 Estimation of raw material cost of D-psicose production
 
               </p>
 
               </p>
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               <img src="https://static.igem.org/mediawiki/2018/f/fb/T--XJTU-China--HP-drawing-1.png" class="mx-auto d-block" />
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               <img src="https://static.igem.org/mediawiki/2018/5/5c/T--XJTU-China--HP-ENTRE-table3.png" class="mx-auto d-block"/>
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               <p>
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               <p style="text-align: right;">
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                 In this way, we showed the infinite possibilities and fun of IGEM competition and synthetic biology to the students in the lower grades. At the same time, they also like to have a broader exchange and discussion with us. The proximity with us allowed them to communicate and ask many questions around fields of study in biology and jobs.
+
                 D-psicose production technology and market research report
 +
              <br>
 +
                Report number: BQ160905-01
 
               </p>
 
               </p>
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              <!--img src="https://static.igem.org/mediawiki/2018/3/3a/T--XJTU-China--HP-drawing-2.jpg" class="mx-auto d-block" />
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            </div>
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               <img src="https://static.igem.org/mediawiki/2018/5/50/T--XJTU-China--Banner-bed.jpg" class="mx-auto d-block" /-->
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            <div class="page-header" id="section6">
 +
               <h2>Achievements</h2>
 +
            </div>
 +
            <div>
 
               <p>
 
               <p>
−
                In addition to this, we also had a remote interaction with TUST's IGEMers to promote team and team communication.
+
              Our project is based on a directed evolution of D-psicose synthesis system. Compared with traditional chemical synthesis methods and biosynthesis methods, our method has the advantages of high yield, low energy consumption and low carbon emissions. Therefore, we took this direction as an entry point, expanded our project, participated in the 4th China "Internet +" College Students Entrepreneurship Innovation Contest Finals and the energy conservation and emission reduction competition, achieving good results in the Bronze Award and Excellence Award.  
−
               </p>
+
            </p>
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               <img src="https://static.igem.org/mediawiki/2018/a/a3/T--XJTU-China--HP-drawing-4.jpg" class="mx-auto d-block" />
+
            <p>
 +
               During the competition, our team completed the preparation of the business plan and responded to the experts. This process has enabled us to better understand the problems faced in the entrepreneurial process. It plays a guiding role in the future development of our IGEM projects.
 +
            </p>
 +
               <img class="mx-auto d-block" src="https://static.igem.org/mediawiki/2018/b/b2/T--XJTU-China--HP-energy-3.jpg" style="width: 50%" />
 +
              <img class="mx-auto d-block" src="https://static.igem.org/mediawiki/2018/d/dd/T--XJTU-China--HP-energy-4.jpg" style="width: 50%" />
 +
 
 
             </div>
 
             </div>
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             <div id="section22">
+
             <div class="page-header" id="section7">
−
               <h3>Teaching in Mawu Primary School</h3>
+
               <h2>The plan for future</h2>
 +
            </div>
 +
            <div>
 
               <p>
 
               <p>
−
                 Mawu Primary School is a very common public elementary school in Xi'an with limited teaching resources. In order to give children a chance to get to the field of synthetic biology earlier, we volunteered to go there for a simple tutorial. We showed them bacteria in a way that was shown in a drawing and a model, letting them understand that small bacteria are a perfect small factory for a variety of tasks. In the classroom, they are eager to ask for knowledge and raise their hands frequently. We did achieve the purpose of our trip by answering questions and getting them to participate actively. In the communication with the children we taught them some simple biological knowledge, they taught us to expand our thinking, and we can make the road in IGEM wider and wider.
+
                 We strongly recommend promoting and transforming our achievements in the laboratory, reduce the production costs of D-psicose and enable it to be industrialized. In the process of achieving commercial success, we are not afraid of difficulties and challenges that may occur in the future. We can still apply for patents for our projects, making it possible to industrialize large quantities of D-psicose. We believe that many people with diabetes and obesity will benefit from our program. Every ordinary person is going to enjoy this high-sweet, low-calorie healthy natural sugar.
 
               </p>
 
               </p>
−
              <img src="https://static.igem.org/mediawiki/2018/b/b6/T--XJTU-China--HP-teaching-1.png" class="mx-auto d-block" />
 
−
              <img src="https://static.igem.org/mediawiki/2018/3/35/T--XJTU-China--HP-teaching-2.png" class="mx-auto d-block" />
 
−
            </div>
 
−
            <div id="section3">
 
−
              Based on the survey, we summarized the current beverages on the market and counted the sweeteners used in them.
 
 
             </div>
 
             </div>
 
         </div>
 
         </div>

Latest revision as of 23:38, 17 October 2018

Abstract

Our product, D-psicose, has a variety of medical benefits, for example a certain effect in controlling blood sugar. It has been proved that our products can benefit many people and achieve commercial success. We have done a lot of related work to commercialize our project.Customer surveys were made to understand the public's understanding and acceptance of D-psicose.Market research was a way to highlight the superiority of our products through comparison. Through this process, possible costs and profits were also estimated.Another important step is learning the laws governing the conversion of patents and products in the process of commercialization. Besides, product application, market analysis and financial summary are three main aspects of our entrepreneurial work summary.

Product application

Research on the feasibility of entering the market and patent applications

Shangwei Lv
Xi’an Jiaotong University

Teacher Lv is an expert in the transformation of knowledge into practise. To ensure that our project products can be patented and have the potential to enter the market, we discussed related issues with him.

After the discussion, we believe that industrial production of D-psicose is feasible. Nevertheless, there is still a lot of work to be done.

Through Mr. Lv, we learned that commercial production of D-psicose needs to focus on the following four aspects.

  • The complete laboratory process is the basis of industrialization.
  • The production technology of naloxone involves property rights issues. Cooperation with the company includes, technology transfer and shareholding, R&D, collaboration with enterprises, joint training of talented people etc.
  • To start a business, the issues that need to be considered in the early stage are: source of funding, plant selection, production equipment, management team, raw materials, market research, etc.
  • Product pricing needs to be considered, for example, raw material costs, equipment costs, plant fees, utilities, depreciation rates, labor costs, production, predicted sales volume, existence of similar products in the market, market growth, advantages and disadvantages of this product, etc.

Market analysis summary

Based on the survey, we summarized the current beverages on the market and counted the sweeteners used in them.

By investigating the types of sweeteners in different beverages, we found that most soda drinks use a variety of sweeteners. the sweeteners in juice drinks are mainly white sugar and will affect human health. Thus, D-psicose is potentially a healthy sweetener.

Through our investigation we found that most currently used sweeteners are not as sweet as sucrose. They will cause dangerous side effects on the human body. In contrast, D-psicose has a high degree of sweetness, low calorie, and no known side effects. This proves that D-psicose has a highly possible advantage of entering the market.

Interviews with corporate technicians

  • Most of the elderly we surveyed have diabetes.
  • As living conditions improve, people's concern about physical health is increasing. More than half of the elderly say that they usually eat more vegetables and eat less sugary food. They are very focused on the stability of their blood sugar.
  • Most of people respond positively to our project about D-psicose, support research and development, and are willing to buy healthier products,

Financial Department

Estimation of raw material cost of D-psicose production

D-psicose production technology and market research report
Report number: BQ160905-01

Achievements

Our project is based on a directed evolution of D-psicose synthesis system. Compared with traditional chemical synthesis methods and biosynthesis methods, our method has the advantages of high yield, low energy consumption and low carbon emissions. Therefore, we took this direction as an entry point, expanded our project, participated in the 4th China "Internet +" College Students Entrepreneurship Innovation Contest Finals and the energy conservation and emission reduction competition, achieving good results in the Bronze Award and Excellence Award.

During the competition, our team completed the preparation of the business plan and responded to the experts. This process has enabled us to better understand the problems faced in the entrepreneurial process. It plays a guiding role in the future development of our IGEM projects.

The plan for future

We strongly recommend promoting and transforming our achievements in the laboratory, reduce the production costs of D-psicose and enable it to be industrialized. In the process of achieving commercial success, we are not afraid of difficulties and challenges that may occur in the future. We can still apply for patents for our projects, making it possible to industrialize large quantities of D-psicose. We believe that many people with diabetes and obesity will benefit from our program. Every ordinary person is going to enjoy this high-sweet, low-calorie healthy natural sugar.

Copyright © 2018 XJTU-China iGEM Team. All rights reserved.