. Prosthetic Arms for Children in Developing Nations Problem OpportunitySolutionResources Team Member Names- Majors Hundreds of thousands of amputations.

Slides:



Advertisements
Similar presentations
Company Name Sample Template Presenter Name
Advertisements

Since 1987, HT Suspension Systems has been a worldwide partner for the development and manufacturing of high quality suspension systems. Customers are.
Channels of Distribution
Logistics & Channel Management
4.04e Implement Financial Skills To Obtain Business Credit And To Control Its Use Explain sources of financial assistance.
Robert Billington October 14,  Passed by Congress in March 2010  Thousands of pages  Hundreds of provisions to be implemented over several years.
Vision Aid Overseas. VAO Vision, Mission & Objectives.
Chapter 13 Product and Distribution Strategies Learning Goals Explain marketing’s definition of a product and list the components of the product strategy.
Joel Adams Ken Stuart Engineering Science 466b © J. Adams & K. Stuart : Introduction, Products/Services, and Marketing Section March 25, 2003.
Copyright © 2012 Pearson Canada Inc. 0 Chapter 3 The Internal Environment: Resources, Capabilities, and Activities.
Market Structures and Current Changes
Integrated Marketing Communications MKT 642 Amy Thomas La Donna White September 17, 2003.
Developing and Marketing Products
Kristin Alcorn Karen Nocera Tim Flynn Danielle Barbarich.
Social Marketing Introduction CS 651. Overview  the scope of the marketing field and the contributions it offers to society.
History of Teba Bank Since 1976 the Fund has facilitated payments to mining industry pensioners and dependants in rural areas largely through Teba Limited.
6 Chapter Business Ownership and Operations pp
Standard 7.01 Classify types of health insurance and features of types of coverage.
David Holmes EMEA Business director. A simplified version of a complex system.
Understanding SMG Day 1. Vocabulary Consensus: To reach team agreement on a decision Invest: When you invest you become part owner in a company or loan.
Characteristics of Business Dr. T. Mitchell Bonneville High School Idaho Falls, Idaho.
Contact Information Sponsor via Check Sponsor Online [University Name] GHANA DENTAL BRIGADE [Brigade Dates] Sponsorship Opportunities Global Brigades is.
Chapter 2: Strategy and Sales Program Planning
Quality in Manufacturing and Service Systems
Revise Lecture Mergers and Acquisitions Three measure of corporate growth? Internal growth & External growth? Reasons firm’s seek to grow? 2.
Level 1 Business Studies
1 From Agriculture and Child Care to Ethnic Restaurants and Taxis: A Review of the Past 10 Years and a Sneak Peek Ahead * Creating opportunities * Transforming.
Channels of Distribution
Ind – Acquire the foundational knowledge of channel management
Principles of Entrepreneurship
Donna Cowan Consultant Clinical Scientist Deputy Managing Director, Chailey Heritage Clinical Services Innovations in services: From Small to BIG: clinical.
Chapter 21 Channels of Distribution. Distribution 21.1 After finishing this section you will know: After finishing this section you will know: The concept.
Primary Healthcare Is seen as the first point of contact within an organised health care system.
4. Access to medication & healthcare Learning objectives: - to identify the why many people cannot access medication - to understand how NGOs and the UN.
Chapter 13 Global Marketing Channels and Physical Distribution
Chapter Eight Product, Services, and Brands: Building Customer Value Copyright ©2014 by Pearson Education, Inc. All rights reserved.
Introduction Also known as “sick building syndrome”, Stachybotrys chartarum is becoming a much publicized problem in the United States after large outbreaks.
Global Edition Chapter Eight Product, Services, and Brands: Building Customer Value Copyright ©2014 by Pearson Education.
Gary Rogers Executive Director The OtterCares Foundation Laura Cranmer Senior Director, Global Engineering & Technology Development OtterBox Patrick Nelson.
CORPORATE GOVERNANCE IN EMERGING MARKETS Henriette Kolb Gender Secretariat International Finance Corporation.
wireless butterfly prepared by Chelsey Cleveland, Shelly Henricks, Micah Robison, and Inega Taylor presents.
ASSISTIVE TECHNOLOGY DEVICES AND SERVICES Carolyn Jenkins-Haigler.
INDUSTRY REFERENCE INDUSTRYFUNCTIONAL AREAPROBLEM RESOLVED Banking Business Application Development Partnership: Customer requirements integrated with.
Allergan is a global, technology-driven multi-specialty health care company pursuing therapeutic advances to help patients live life to their fullest potential.
Private Placements and Venture Capital Chapter 28 Tools & Techniques of Investment Planning Copyright 2007, The National Underwriter Company1 What is it?
Modularm Helping you reach forward November 30, 2005 University of Toronto Cary Fan, B.A.Sc. Catherine Kang, M.Sc. Ellen Kang, M.A.Sc. Tomasz Szwedowski,
FUNCTIONUSERMANUFACTURINGMARKETINGENVIRONMENTALMATERIALS MUST Aid the stability of the kayak both when moving and when stationary. Prevent roll from movement.
Negotiating the Deal. New Venture Story Short narrative of factual or imagined events Emphasizes goals and merits of venture through the story Often personal.
Coquille Indian Tribe Health and Human Services. MISSION We foster and promote a whole person approach to wellness, health and the promotion of self sufficiency.
4.01 Explain the nature of channels of distribution Topic: Nature and Scope Unit: Distribution.
OUR MISSION: Providing help for the underprivileged. Creating hope for the future. Changing lives for the better.
Packaging Design: Key Requirements in the Thermoformed Package Development Process.
Standard 2 Fashion Marketing. Student will understand the basics of fashion marketing. Objective 1: Define Marketing Terms Objective 2: Describe the 4.
Inventory forms one of the biggest investments in manufacturing and trading sectors. Huge capital blocked in inventory, inability to identify products,
Market Analysis Use a figure to explain the market gap and where your product will fit.
Health Insurance Options and Benefits.
Globalization and International Business
CASE: DANISH FAMILY COMES TO BARCELONA GMN Congress, Verona 2015
Globalization and International Business
Chapter 2: Strategy and Sales Program Planning
Venture Name – Company Mission
What does it look like for Property and Casualty Agencies to Partner with Highland? Revised 6/30/16 HCB00478.
6 Chapter Business Ownership and Operations pp
Key Account Program Softworx overview
Financing the Small Business Start-up
Health Insurance Options and Benefits.
Level 1 Business Studies
WSH Experts WSH Experts Pte Ltd established in Singapore to provide integrated services to the industry. We provide wide range of services to all the sectors.
MAZARS’ CONSULTING PRACTICE Helping your Business Venture Further
Licensed under a CC BY-SA license
Presentation transcript:

. Prosthetic Arms for Children in Developing Nations Problem OpportunitySolutionResources Team Member Names- Majors Hundreds of thousands of amputations due to injury, infection, violence, and disease are reported every year. The average prosthetic runs from $3,000 to $30,000 which is too expensive for most people in developing nations without the assistance of NGOs. In addition, prosthetics need to be replaced several times for children to account for growth, therefore patients usually acquire a prosthetic as an adult. This does not allow children to develop normally. Since this is a non-profit venture, funding will be essential. There is a huge need for an ultra low-cost prosthetic which will account for child growth. NGOs, the Red Cross, Doctors without Borders and other sources of aid, need a prosthetic option which can easily be funded with contributions. In addition, the prosthetic needs to be customizable to the child and the provider needs contact to the doctor directly. The benefits will extend not only to the child, but also to the families, medical personnel, and communities which provide care. There currently is no company that has developed a growing prosthetic which is capable of developing with a child. Our goal is to fill the gap between childhood physical trauma and adult prosthetic development. The solution is an innovative molding process which allows for quick, inexpensive manufacturing. The technique uses a pixilated mold for quick production and easy customization. The design is robust, and after initial costs it will be over 400% times cheaper than current options. The product will prevent injuries often associated with inferior prosthetics and will allow for easy adaptation for child growth through detachable parts. The fingers will be able to be locked into position so that a child can grip and carry items. The arms will be directly sold to the doctors and will be made to order. Rather than stockpiling ready-made arms, the company will stock different parts for quick customization. Our distribution will use existing channels like the Red Cross and private charitable organizations for rapid delivery of custom prosthetic units to patents world-wide. Jonathan De Alderete -Mechanical Engineering Katherine Cain -Mechanical Engineering Olivia Keane -Mechanical Engineering Sean Gibson -Mechanical Engineering -Business Minor Erin Keaney -Plastics Engineering Brendan Donoguhe -Mechanical Engineering/ -History Child with no arms due to Agent Orange [Reuters] The primary source of funding is the Give a Hand program. In this program, Nonspec will sell a hand toy to parents and children in the US. Each sale will purchase a prosthetic arm for a child in a developing nation. We have reached out to museums, NGOs, and other possible interested parties. The feedback has been entirely positive and each organization has been willing to participate in the funding of the program. The final product has been sourced by 5 engineers, one with a business minor, and all with industry experience. Cultural requirements has been taken into account through thorough research and outreach. Worldwide need for prosthesis [SwissLeg] Exposure Marketing expertise Word of Mouth Start up funds Initial donations for supplies and equipment Time Time to build molding process and test product What is needed for this project to takeoff The Give a Hand program will help make the program self-sufficient. Eventually, the group plans to develop more advanced prosthesis and crutches for profit, which will also help to fund the children prosthesis program.