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

 
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             <li class="nav-item"><a href="#section2">Product application</a></li>
 
             <li class="nav-item"><a href="#section2">Product application</a></li>
 
             <li class="nav-item"><a href="#section3">Market analysis summary</a></li>
 
             <li class="nav-item"><a href="#section3">Market analysis summary</a></li>
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             <li class="nav-item"><a href="#section4">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="#section5">Achievements</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">Plan for future</a></li>
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             <li class="nav-item"><a href="#section6">Achievements</a></li>
 +
             <li class="nav-item"><a href="#section7">The plan for future</a></li>
 
           </ul>
 
           </ul>
 
         </nav>
 
         </nav>
 
         <div class="col-lg-9 col-sm-9">
 
         <div class="col-lg-9 col-sm-9">
 
           <div class="container-fluid" id="inner-container">
 
           <div class="container-fluid" id="inner-container">
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             <h1 class="font-weight-bold text-center">Entrepreneurship</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" />
 
             <div id="section1">
 
             <div id="section1">
 
               <div class="page-header">
 
               <div class="page-header">
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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>
+
−
              <p>
+
−
              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.
+
−
              </p>
+
−
              <p>
+
−
                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.
+
−
              </p>
+
−
              <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.
+
 
               </p>
 
               </p>
 
        
 
        
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             </div>
 
             </div>
 
             <div>
 
             <div>
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              <p style="font-family:Times;font-size:25px;">
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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:15px;">
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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">
 +
                    <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>
−
                 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>
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               </p>     
−
              <p>
+
                  </div>
−
                After discussion, we believe that industrial production of psicose is feasible, but there is still a lot of work to be done.
+
            </div>
−
               </p>
+
             
−
               <p>
+
           
−
                 Through Mr. Lu, we also learned that commercial production needs to focus on the following four aspects.
+
               <p><b>
−
               </p>
+
                 Through Mr. Lv, we learned that commercial production of D-psicose needs to focus on the following four aspects.
 +
               </b></p>
 
               <ul>
 
               <ul>
−
                 <li>The complete process of the laboratory is the basis of industrialization.</li>
+
                 <li>The complete laboratory process is the basis of industrialization.</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>
+
                 <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>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>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 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>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>
 
               </ul>
 
             </div>
 
             </div>
 +
 
             <div class="page-header" id="section3">
 
             <div class="page-header" id="section3">
 
               <h2>Market analysis summary</h2>
 
               <h2>Market analysis summary</h2>
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                 Based on the survey, we summarized the current beverages on the market and counted the sweeteners used in them.
 
                 Based on the survey, we summarized the current beverages on the market and counted the sweeteners used in them.
 
               </p>
 
               </p>
 +
              <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;">
 +
                  Types of sweeteners in different beverages
 +
                </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"/>
 +
              </ol>
 
               <p>
 
               <p>
−
                 By investigating the types of sweeteners in different beverages, we found that most soda drinks use a variety of different sweeteners, while the sweeteners in juice drinks are mainly white sugar. Many sweeteners in soda can cause harm to human health. From this point of view, psicose is a potential healthy sweetener.
+
                 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>
 +
              <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" >
 +
                <div style="text-align: center;">
 +
                  Sweeteners comparison table
 +
                </div>
 +
                <img src="https://static.igem.org/mediawiki/2018/0/0e/T--XJTU-China--HP-GOLD-table2.png" class="mx-auto d-block"/>
 +
              </ol>
 
               <p>
 
               <p>
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                Advantages and disadvantages of various sweeteners compared with psicose.
+
                 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>
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−
              <p>
+
−
                 Through investigation, we found that most of the sweeteners are less sweet than sucrose, and may also cause various side effects on the human body. In contrast, psicose has a high degree of sweetness, low calorie, and no side effects, which proves that psicose has the advantage of entering the market.
+
−
              </p>
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              <h4>Interviews with corporate technicians</h4>
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−
              <p>
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                We visited relevant companies to learn important market information and data from market professionals. We summarize the current market information to predict the future development of our products.
+
 
               </p>
 
               </p>
 +
            </div>
 +
            <div id="section4">
 +
              <div class="page-header">
 +
                <h2>Interviews with corporate technicians</h2>
 +
              </div>
 
               <ul>
 
               <ul>
 
                 <li>
 
                 <li>
−
                The potential market of D-psicose is vast. As people's living standards and the awareness of healthy living are also improved, there are many potential customers for D-psicose in the future.
+
                  Most of the elderly we surveyed have diabetes.
−
                </li>
+
−
                <li>
+
−
                  About Cognition：D-psicose is a natural sugar, but few people know about it, which is a challenge for our IGEM team.
+
 
                 </li>
 
                 </li>
 
                 <li>
 
                 <li>
−
                   About quality: It is important to ensure that the public recognizes the taste of the food made by D- psicose and it’s a piece of healthy natural sugar.
+
                   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>
 
                 <li>
 
                 <li>
−
                   About the price: The price of D-psicose in China, the market can accept, is about 10,000 yuan/ton. If you use D-psicose as a bottled beverage, the price of one bottle is about 10 yuan / bottle, which our society can accept.
+
                   Most of people respond positively to our project about D-psicose, support research and development, and are willing to buy healthier products,
 
                 </li>
 
                 </li>
−
              </ul>
 
−
              <h4>Communicate with target customers</h4>
 
−
              <ul>
 
−
                <li>
 
−
                In the activities, most of the elderly we meted have diabetes.
 
−
                </li>
 
−
                <li>
 
−
                  With the improvement of living conditions, people's concern about physical health is increasing. More than half of the elderly say that they usually eat more vegetables and eat less sugar food，and are very focused on the stability of their blood sugar.
 
−
                </li>
 
−
                <li>
 
−
                  Most of people support our project about D-psicose and have a positive attitude. Old people show an interest in D-psicose, even support research and development, are willing to buy,
 
−
                </li>
 
 
               </ul>
 
               </ul>
 
             </div>
 
             </div>
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             <div class="page-header" id="section4">
+
             <div class="page-header" id="section5">
 
               <h2>Financial Department</h2>
 
               <h2>Financial Department</h2>
 
             </div>
 
             </div>
 
             <div>
 
             <div>
−
               <p>
+
               <p style="text-align: center;">
 
                 Estimation of raw material cost of D-psicose production
 
                 Estimation of raw material cost of D-psicose production
 
               </p>
 
               </p>
−
               <p>
+
              <img src="https://static.igem.org/mediawiki/2018/5/5c/T--XJTU-China--HP-ENTRE-table3.png" class="mx-auto d-block"/>
 +
               <p style="text-align: right;">
 
                 D-psicose production technology and market research report
 
                 D-psicose production technology and market research report
−
               </p>
+
               <br>
−
              <p>
+
 
                 Report number: BQ160905-01
 
                 Report number: BQ160905-01
−
 
 
               </p>
 
               </p>
 
             </div>
 
             </div>
−
             <div class="page-header" id="section5">
+
             <div class="page-header" id="section6">
 
               <h2>Achievements</h2>
 
               <h2>Achievements</h2>
 
             </div>
 
             </div>
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             </p>
 
             </p>
 
             <p>
 
             <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 and to more deeply recognize the value of our projects, which plays a guiding role in the future development of our IGEM projects.
+
               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>
 
             </p>
−
<img src="https://static.igem.org/mediawiki/2018/0/0e/T--XJTU-China--HP-entrepreneurship-2.jpg" class="mx-auto d-block" />
+
              <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 src="https://static.igem.org/mediawiki/2018/f/f0/T--XJTU-China--HP-entrepreneurship-3.jpg" class="mx-auto d-block" />
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              <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 class="page-header" id="section6">
+
             <div class="page-header" id="section7">
−
               <h2>Plan for future</h2>
+
               <h2>The plan for future</h2>
 
             </div>
 
             </div>
 
             <div>
 
             <div>
 
               <p>
 
               <p>
−
                 We strongly hope to promote and transform our achievements in the laboratory, reduce the production costs of psicose and enable it to be industrialized. In the process of achieving commercial success, we are not afraid of difficulties and challenges. We can still apply for patents for our projects, making it possible to industrialize large quantities of psicose. We hope that our program will benefit a large number of people with diabetes and obesity. We hope that every ordinary person can enjoy this high-sweet, low-calorie healthy natural sugar.
+
                 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>
 
             </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.