Wharton Business Plan

Wharton Business Plan-72
The ideas included a cervical cancer screening device, an antibiotic to treat infections caused by drug-resistant bacteria, a private sales club for students and a healthy beverage for bottom of the pyramid markets.Competing for more than ,000 in combined prizes and in-kind legal/accounting services, the finalists presented their plans recently to five judges and an audience of venture capitalists, business leaders, faculty and students.According to team leader Greg Millhauser, a second-year Wharton M. He explained that CADIA's Cervi Probe offered a better alternative, as it uses a probe to immediately diagnose cancer with more sensitivity than the Pap test.

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After hearing 10-minute presentations from the student teams, the judges interviewed the students about all aspects of their plans, such as market size, funding, time lines and intellectual property.

The team deemed to have the most viable business plan was named the first-place winner, receiving the $20,000 Michelson Grand Prize and $10,000 in legal and accounting services.

The CADIA team, which recently was named a finalist at the Rice University Business Plan Competition, plans to price the device at $3,500 and the separate sheath used in each procedure at $15.

They intend to launch the business with high-volume physicians in six states by 2014.

The team, which was named a finalist in the Tulane University Business Plan Competition, proposed aggressive promotional marketing to create customer interest and already has lined up 25 surgeons from Johns Hopkins University who are ready to use the technology.

With a provisional patent filed, Cortical Concepts projects an acquisition value in year five of 0 million.As for competitors, Nuttall told the judges that when he approached large multinationals with this concept, they were interested but not prepared to be the first mover. college students who spend over 0 billion annually, particularly on brands they perceive as elevating their social status, students usually have a limited budget.So he expects larger beverage companies to come "knocking on his door" after the business is more established. This presents a problem for producers of consumer goods because it's difficult to build loyalty and give students the prices they want without diluting company brands. student Aymeric de Hemptinne, is Kembrel.com, an invitation-only online private sales club for college students.The Piezo Sensor, he said, can locate tumors as small as 1 mm in size and is radiation free.The technology comes from Drexel University, where the research team has won two awards totaling 0,000. With a unique pouch package, the product is extremely low cost to make and stands up to the rigorous logistics systems in India, going to locations that purveyors of bottled beverages cannot reach.To solve this problem, his team proposes a portable, low-cost breast cancer screening device called the Piezo Sensor that uses piezoelectric technology, or the ability of some materials to generate an electric field in response to mechanical stress.In Depth: 11 States That Truly Bet On Small Biz And The Funding Programs They Offer In Depth: 10 Technology Incubators Changing The World Maheshwari noted that there is a

With a provisional patent filed, Cortical Concepts projects an acquisition value in year five of $180 million.

As for competitors, Nuttall told the judges that when he approached large multinationals with this concept, they were interested but not prepared to be the first mover. college students who spend over $200 billion annually, particularly on brands they perceive as elevating their social status, students usually have a limited budget.

So he expects larger beverage companies to come "knocking on his door" after the business is more established. This presents a problem for producers of consumer goods because it's difficult to build loyalty and give students the prices they want without diluting company brands. student Aymeric de Hemptinne, is Kembrel.com, an invitation-only online private sales club for college students.

The Piezo Sensor, he said, can locate tumors as small as 1 mm in size and is radiation free.

The technology comes from Drexel University, where the research team has won two awards totaling $400,000. With a unique pouch package, the product is extremely low cost to make and stands up to the rigorous logistics systems in India, going to locations that purveyors of bottled beverages cannot reach.

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With a provisional patent filed, Cortical Concepts projects an acquisition value in year five of $180 million.As for competitors, Nuttall told the judges that when he approached large multinationals with this concept, they were interested but not prepared to be the first mover. college students who spend over $200 billion annually, particularly on brands they perceive as elevating their social status, students usually have a limited budget.So he expects larger beverage companies to come "knocking on his door" after the business is more established. This presents a problem for producers of consumer goods because it's difficult to build loyalty and give students the prices they want without diluting company brands. student Aymeric de Hemptinne, is Kembrel.com, an invitation-only online private sales club for college students.The Piezo Sensor, he said, can locate tumors as small as 1 mm in size and is radiation free.The technology comes from Drexel University, where the research team has won two awards totaling $400,000. With a unique pouch package, the product is extremely low cost to make and stands up to the rigorous logistics systems in India, going to locations that purveyors of bottled beverages cannot reach.To solve this problem, his team proposes a portable, low-cost breast cancer screening device called the Piezo Sensor that uses piezoelectric technology, or the ability of some materials to generate an electric field in response to mechanical stress.In Depth: 11 States That Truly Bet On Small Biz And The Funding Programs They Offer In Depth: 10 Technology Incubators Changing The World Maheshwari noted that there is a $1.1 billion market opportunity, as the current practices to detect tumors are hard-to-read mammograms, expensive MRIs and ultrasounds that are prone to false positives.In the meantime, their plan involves continuing R& D, building a commercial prototype and seeking FDA approval by 2013.Cellulosic Biotherapeutics: For 5 million people in the U. The only treatment option is painkillers, and many people eventually undergo spinal surgery. The Cellulosic team, which received funding from the National Science Foundation, plans to finish the R& D and proof of concept phases by 2012 and clinical trials by 2018, at which time there would be a partnership opportunity with a major medical device company. Cortical Concepts: To stabilize segments of the spine during back surgery, doctors insert rods and screws to hold the spine in place until it heals, which can take six to nine months.Ever since the dot-com bubble burst a decade ago, many students in Wharton's Business Plan Competition (BPC) have turned their attention away from the Internet to other fields.This year was no exception, with six of the eight finalists presenting plans related to health care and the other two related to retail.

.1 billion market opportunity, as the current practices to detect tumors are hard-to-read mammograms, expensive MRIs and ultrasounds that are prone to false positives.In the meantime, their plan involves continuing R& D, building a commercial prototype and seeking FDA approval by 2013.Cellulosic Biotherapeutics: For 5 million people in the U. The only treatment option is painkillers, and many people eventually undergo spinal surgery. The Cellulosic team, which received funding from the National Science Foundation, plans to finish the R& D and proof of concept phases by 2012 and clinical trials by 2018, at which time there would be a partnership opportunity with a major medical device company. Cortical Concepts: To stabilize segments of the spine during back surgery, doctors insert rods and screws to hold the spine in place until it heals, which can take six to nine months.Ever since the dot-com bubble burst a decade ago, many students in Wharton's Business Plan Competition (BPC) have turned their attention away from the Internet to other fields.This year was no exception, with six of the eight finalists presenting plans related to health care and the other two related to retail.

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