Difference between revisions of "Team:UGent Belgium/Entrepreneurship"

Entrepreneurship

Mission

We are committed to combatting water scarcity and working towards a more sustainable future. We do this by inventing and applying innovative technologies.

Opportunities

Main product line

Given that access to fresh water is a fundamental human right we will ensure that the dewpal designs for fresh water products are available anytime, anywhere. This to consolidate the dewpal brand and our continued commitment. We will keep working with durable materials and are exploring public-private partnerships and innovative distribution models like preciousplatics.com.

Speciality product lines

In parallel to our lead product line we will be serving high tech specialty markets with custom projects.

Molecular diagnostics

We are exploring the molecular diagnostic market as a use-case for our coating mechanism. We want to apply this to other proteins instead of just INP.
We are already in negotiations with an interested party (signed CDA).

Environmental remediation projects

There are a lot of scenarios where you want to save as much water as possible. By example, this can go to extremes at the the international space station. We are talking with Prof. Arne Verliefde to get a first experiment set up.

Protection from water

As valuable as water is, you don't want it everywhere. Just think about all your electronics that you don't want to get wet. That's why we are developing a protective packaging material coated with INP.

Bio-filament

We will be capitalizing on the bio-filament by a webshop and/or partnership with key players in the fast growing 3D-printing industry.

Legal/IP

The acquired know-how of the dewpal iGem project will be used to incorporate dewpal Inc. We protected the name and logo and have established a draft for a Delaware based C-corporation.

How are we different?

In contrast to other water collecting solutions, e.g. water pumps, dewpal doesn't require tedious installations and big set-up costs.
dewpal can be 3d-printed anywhere by anyone, that's why we make it open source.

Go-to-market

We really walk our talk. We started all of this with a mission, and this will remain our north star.
We will continue to improve our main product and make it available (open-source) to as much people as possible.
This main product line, together with our mission, will help to promote our speciality product lines.

Partners

We initiated key contacts, by seminars, sponsoring and crowdfunding with angels, VCs in additional to valuable contacts in established environmental industries.
Additionally, we want to work together with governments to manage their water resources more effectively. Especially in countries with a lot of water scarcity.

Funding

We are in active discussions with a Belgian VC in order to have the resources for the adventure ahead, based on our projected cash position.
Also, we are finalising discussions on government grants.