Difference between revisions of "Team:TecMonterrey GDL/Entrepreneurship"

 
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<h1>Entrepreneurship</h1>
 
  
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<h3>Best Supporting Entrepreneurship Special Prize</h3>
 
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In previous years, iGEM had an entrepreneurship track. Teams were encouraged to build projects and focus on commercializing their work. We have now moved to an award as the best work in this area may come from teams who are not solely focused on entrepreneurship.
 
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</p>
 
  
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<p>The Best Supporting Entrepreneurship award recognizes exceptional effort to build a business case and commercialize an iGEM project. This award is open to all teams to show that entrepreneurship is something all teams can aspire to do with their project. This award can go to an new project, or to a previous project that a team aimed to commercialize. Have you filed a provisional patent on your project/device/process? Have you raised money to build and ship products? Have you pitched your idea to investors and received money? As always in iGEM, the aim is to impress the judges!  
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                    <li><a href="https://2018.igem.org/Team:TecMonterrey_GDL/Entrepreneurship">Business model</a></li>
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            <h1>Marketing</h1>
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To compete for the <a href="https://2018.igem.org/Judging/Awards">Best Supporting Entrepreneurship prize</a>, please describe your work on this page and also fill out the description on the <a href="https://2018.igem.org/Judging/Judging_Form">judging form</a>.
 
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You must also delete the message box on the top of this page to be eligible for this prize.
 
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<h3>Inspiration</h3>
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<p>You can look at what other teams did to get some inspiration! <br />
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Here are a few examples:</p>
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<li><a href="https://2016.igem.org/Team:Sydney_Australia">2016 Sydney Australia</a></li>
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                    <h3>Product</h3>
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<li><a href="https://2016.igem.org/Team:Pasteur_Paris">2016 Pasteur Paris</a></li>
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<li><a href="https://2014.igem.org/Team:UCC_Ireland">2014 UCC Ireland</a></li>
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<li><a href="https://2014.igem.org/Team:Imperial">2014 Imperial College London</a></li>
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<h3>Patents and intellectual property</h3>
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                      <img class="img-responsive" src="https://static.igem.org/mediawiki/2018/d/d9/T--TecMonterrey_GDL--Entrepeneurship--2.png" alt="service-image">
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If your team is seriously considering commercializing and looking into building a company after the competition, you may want to look at how you are going to protect your work and secure investment. Investors will usually require some form of intellectual protection, so you may want to investigate how to apply for a patent or provisional patent in your country and region before disclosing your project at iGEM. Remember that you can only be evaluated in iGEM based on what you share on your wiki and at the Jamboree, so any work you don't present can't count towards your project. </p>
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<p>This is an area where we are different as we care about sharing, openness and contributing to the community and investors don't always agree with these values. It is up to you and your team to decide what to do. Remember that most universities have a commercialization department and that you can talk to them before coming to a decision.  
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                    Buyer persona: María is a 19 year old, Mexican university student. She has been studying for a year now and she always gets very nervous and stressed during her midterms, and because of this, she has intestine problems (like constipation and colitis).
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  Product price: The price for the frozen yoghurt will be of $8 MXN, because of the costs and the mean of the yoghurt industry, to maintain the company competitive in the market.
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                    <h3>Business Model Canvas</h3>
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                  <br>
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                  <h3>1. Customer Segment</h3>
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                  <br>
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                  <li>
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                    <ul>Mexican university students</ul>
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                    <ul>Age range: 18 to 25 years old</ul>
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                    <ul>High and medium-high socioeconomic levels</ul>
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                  <br>
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                  <h3>2. Value Proposition</h3>
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                  <li>
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                    <ul>Development of a probiotic to reduce intestinal inflammation, thus causing a healthy digestive system, which in turn helps to treat stress and depression.</ul>
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                    <ul>This is a probiotic that will be implemented in frozen yoghurt, including 3 different toppings: granola, chocolate cookies, and dried fruit, to provide an easy-to-go option for customers.</ul>
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                    <ul>The added value for this product is that no other probiotic in the world blocks excess intestinal pro-inflammatory molecules, and it will be packaged in small cups made out of bioplastic (made from avocado pits), thus aiding the Mexican company that manufactures this bioplastic.</ul>
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                    <ul>Future plans for the company: Once we recover the investment made at the beginning of the project (ROI, Return on Investment), we want to reach people from all backgrounds by selling our product for high and medium-high socioeconomic levels that suffer from depression, and by using our surplus to plan and execute activities for everyone to know about depression, and what it entails (treatment, symptoms, positive thinking, etc.).</ul>
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                  <br>
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                  <h3>3. Channels</h3>
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                  <li>
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                  <ul>High-class supermarkets in urban areas (Superama, Fresko, Chedraui Selecto)</ul>
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  <ul>Drugstores (Farmacias del Ahorro, Farmacias Guadalajara, YZA)</ul>
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  <ul>Online purchases in the company’s website (the company’s website includes a blog where people can make communities and foster positive publicity for the brand).</ul>
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  <ul>Hospitals</ul>
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  <ul>Little stores inside universities</ul>
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</li>
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                  <br>
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                  <h3>4. Customer Relationships</h3>
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                  <br>
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                  <li>
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  <ul>Advertising inside universities adequate for college students</ul>
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  <ul>Stationary advertising in public zones near universities</ul>
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  <ul>Attractive advertisements on Spotify and Apple Music for the target market</ul>
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  <ul>Instagram and Facebook sponsored stories and advertisings regarding the product </ul>
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  <ul>Active social media accounts</ul>
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  <ul>Sponsored events inside universities, promoting the product. </ul>
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  </li>
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                  <br>
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                  <h3>5. Revenue Streams </h3>
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                  <br>
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                  <li>
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<ul>Income will come from direct sales, from our website.</ul>
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<ul>Sales from convenient stores</ul>
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<ul>Sales from drugstores</ul>
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<ul>Sales from supermarkets</ul>
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<ul>Sales from hospitals and universities</ul>
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<ul>We will also receive aid from sponsors</ul>
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</li>
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                  <br>
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                  <h3>6. Key Resources</h3>
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                  <br>
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<li>
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  <ul><b>Mentors:</b> Dra. Carolina Senés & Profesor Roberto Portillo</ul>
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<ul>Integrated multidisciplinary team, composed of people with different majors like Computer Engineering, Design, Marketing, and Biotechnology Engineering.</ul>
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<ul>Physical resources: Laboratory equipment and supplies</ul>
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<ul>Adequate facilities for research and implementation of activities necessary for the project process.</ul>
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<ul>Raw material and facilities for developing the probiotic and the yoghurt. </ul>
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</li>
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                  <br>
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                  <h3>7. Key Activities</h3>
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                  <br>
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                  <li>
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                  <ul>The team aims to develop a smart psychobiotic that detects an increase of stress and aids in the normalization of aberrant gut-brain signaling.
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                The steps that must be followed are:</ul>
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                <br>
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                  <ul> Get the strain</ul>
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                  <ul> Transform the strain</ul>
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                  <ul> Preserve DNA and strain</ul>
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                  <ul> Have replicas</ul>
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                  <ul> Cultivate the replicas</ul>
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                  <ul> Make the product</ul>
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                  <ul>Do the industrial process</ul>
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                  <br>
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                  <h3>8. Key Partners</h3>
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                  <li>
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                  <ul><b>Tecnológico de Monterrey:</b> Mexican university where the team is currently doing their majors. The university provided facilities, laboratory materials, mentors and guidance, and paid for the registration to the competition. </ul>
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                  <ul><b>T4OLIGO:</b> Mexican company focused on nucleic acid synthesis. The company provided a synthesis sponsorship of X base pairs.</ul>
 +
                  <ul><b>Promega:</b> Global leader in genomics, protein analysis and expression and genetic identity. The team won the convocatory for the sponsorship of $2,000 USD in materials and products. </ul>
 +
                  <ul><b>CONACYT:</b> The National Council of Science and Technology (CONACYT in Spanish) is a decentralized public body of the Mexican federal government that promotes and stimulates the development of technology and science in Mexico.
 +
                  IDT: American company that supplies custom nucleic acids. The company provided the team with DNA (sponsorship of X base pairs).</ul>
 +
                  <ul><b>PiSA Farmacéutica:</b> Mexican pharmaceutical company that develops products for human health. The company donated isotonic drinks in contribution to the project.</ul>
 +
 
 +
 
 +
                  <ul><b>Biofase</b> (possible partnership): Mexican company that manufactures biodegradable plastic, made of avocado pits. We plan to develop an agreement to manufacture yoghurt packages.</ul>
 +
 
 +
                  </li>
 +
 
 +
 
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 +
 
 +
              <div class="text">
 +
                  <br>
 +
                  <h3>9. Cost Structure</h3>
 +
                  <br>
 +
                  <li>
 +
  <ul>Laboratory supplies and equipment are required to comply with the product realization process. These costs range from $21,000 MXN to $48,000 MXN, depending on the amount of supplies needed and the type of supplies. Please refer to Annex 2 to find costs and materials.</ul>
 +
  <ul>Cost for patent, which is approximately  $7,577.39 MXN. </ul>
 +
  <ul>As for other costs, we have labeling and packaging. Which for a production of 1,000 cups of frozen yoghurts is approximately $2,000 MXN.</ul>
 +
  </li>
 +
 
 +
 
 +
 
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              </div>
 +
              <div class="text">
 +
                  <br>
 +
                  <h3>Type of Intervention</h3>
 +
                  <br>
 +
                  <li><ul>A product that is a supplement to treat depression. 65% of people treated can be cured, and we plan to be part of that 65% that can help people.</ul></li>
 +
 
 +
              </div>
 +
              <div class="text">
 +
                  <br>
 +
                  <h3>Surplus</h3>
 +
                  <br>
 +
                  <li><ul>Once we recover our principal investment, we plan to allocate part of our profits to plan and execute activities for people of all backgrounds and socioeconomic level can access to information regarding depression, its causes, and treatments. 45% of the margin, once the investment is recovered, would be allocated for the activities, and 55% for the production of the yoghurt.
 +
 
 +
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Latest revision as of 02:43, 18 October 2018

TecMonterrey_GDL

Marketing

Product

service-image
service-image

Buyer persona: María is a 19 year old, Mexican university student. She has been studying for a year now and she always gets very nervous and stressed during her midterms, and because of this, she has intestine problems (like constipation and colitis).


Product price: The price for the frozen yoghurt will be of $8 MXN, because of the costs and the mean of the yoghurt industry, to maintain the company competitive in the market.


Business Model Canvas


service-image

1. Customer Segment


    • Mexican university students
      Age range: 18 to 25 years old
      High and medium-high socioeconomic levels

    • 2. Value Proposition


    • Development of a probiotic to reduce intestinal inflammation, thus causing a healthy digestive system, which in turn helps to treat stress and depression.
      This is a probiotic that will be implemented in frozen yoghurt, including 3 different toppings: granola, chocolate cookies, and dried fruit, to provide an easy-to-go option for customers.
      The added value for this product is that no other probiotic in the world blocks excess intestinal pro-inflammatory molecules, and it will be packaged in small cups made out of bioplastic (made from avocado pits), thus aiding the Mexican company that manufactures this bioplastic.
      Future plans for the company: Once we recover the investment made at the beginning of the project (ROI, Return on Investment), we want to reach people from all backgrounds by selling our product for high and medium-high socioeconomic levels that suffer from depression, and by using our surplus to plan and execute activities for everyone to know about depression, and what it entails (treatment, symptoms, positive thinking, etc.).

    • 3. Channels


    • High-class supermarkets in urban areas (Superama, Fresko, Chedraui Selecto)
      Drugstores (Farmacias del Ahorro, Farmacias Guadalajara, YZA)
      Online purchases in the company’s website (the company’s website includes a blog where people can make communities and foster positive publicity for the brand).
      Hospitals
      Little stores inside universities

    • 4. Customer Relationships


    • Advertising inside universities adequate for college students
      Stationary advertising in public zones near universities
      Attractive advertisements on Spotify and Apple Music for the target market
      Instagram and Facebook sponsored stories and advertisings regarding the product
      Active social media accounts
      Sponsored events inside universities, promoting the product.

    • 5. Revenue Streams


    • Income will come from direct sales, from our website.
      Sales from convenient stores
      Sales from drugstores
      Sales from supermarkets
      Sales from hospitals and universities
      We will also receive aid from sponsors

    • 6. Key Resources


    • Mentors: Dra. Carolina Senés & Profesor Roberto Portillo
      Integrated multidisciplinary team, composed of people with different majors like Computer Engineering, Design, Marketing, and Biotechnology Engineering.
      Physical resources: Laboratory equipment and supplies
      Adequate facilities for research and implementation of activities necessary for the project process.
      Raw material and facilities for developing the probiotic and the yoghurt.

    • 7. Key Activities


    • The team aims to develop a smart psychobiotic that detects an increase of stress and aids in the normalization of aberrant gut-brain signaling. The steps that must be followed are:

      Get the strain
      Transform the strain
      Preserve DNA and strain
      Have replicas
      Cultivate the replicas
      Make the product
      Do the industrial process

    • 8. Key Partners


    • Tecnológico de Monterrey: Mexican university where the team is currently doing their majors. The university provided facilities, laboratory materials, mentors and guidance, and paid for the registration to the competition.
      T4OLIGO: Mexican company focused on nucleic acid synthesis. The company provided a synthesis sponsorship of X base pairs.
      Promega: Global leader in genomics, protein analysis and expression and genetic identity. The team won the convocatory for the sponsorship of $2,000 USD in materials and products.
      CONACYT: The National Council of Science and Technology (CONACYT in Spanish) is a decentralized public body of the Mexican federal government that promotes and stimulates the development of technology and science in Mexico. IDT: American company that supplies custom nucleic acids. The company provided the team with DNA (sponsorship of X base pairs).
      PiSA Farmacéutica: Mexican pharmaceutical company that develops products for human health. The company donated isotonic drinks in contribution to the project.
      Biofase (possible partnership): Mexican company that manufactures biodegradable plastic, made of avocado pits. We plan to develop an agreement to manufacture yoghurt packages.

    • 9. Cost Structure


    • Laboratory supplies and equipment are required to comply with the product realization process. These costs range from $21,000 MXN to $48,000 MXN, depending on the amount of supplies needed and the type of supplies. Please refer to Annex 2 to find costs and materials.
      Cost for patent, which is approximately $7,577.39 MXN.
      As for other costs, we have labeling and packaging. Which for a production of 1,000 cups of frozen yoghurts is approximately $2,000 MXN.

    • Type of Intervention


    • A product that is a supplement to treat depression. 65% of people treated can be cured, and we plan to be part of that 65% that can help people.

    • Surplus


    • Once we recover our principal investment, we plan to allocate part of our profits to plan and execute activities for people of all backgrounds and socioeconomic level can access to information regarding depression, its causes, and treatments. 45% of the margin, once the investment is recovered, would be allocated for the activities, and 55% for the production of the yoghurt.

    • TecMonterrey_GDL