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Revision as of 20:25, 19 October 2016
Integrated Human Practices - Silver
![](https://static.igem.org/mediawiki/2014/8/87/VUPVEdiGEM_gold_medal.png)
The product analysis showed us that our biolenses are useful in many applications, such as microscopes, solar panels and optical fibers. The efficiency of solar panels can be increased by 20 to 50% when microlens arrays are used as encapsulation layer. We focused on this application to develop a business plan . Our plan was based on an extensive customer analysis. This analysis revealed that most potential customers would be interested if our microlens arrays result in a higher return on investment, are strong enough and are not more expensive than chemically-produced alternatives. We showed that our project can make it into a real business, due to the positive profitability analysis and the high demand for efficient solar panels. We believe that our business plan can be used to talk with potential investors.
Since our business plan showed that our project can make it into a real business, we decided to also