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<p><b>Risk Analysis</b> - A commercial venture always carries risks! Click here to learn more about some of our risks and how we hope to mitigate them in the future.</p> | <p><b>Risk Analysis</b> - A commercial venture always carries risks! Click here to learn more about some of our risks and how we hope to mitigate them in the future.</p> | ||
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Revision as of 00:15, 24 October 2013
FREDsense's website works best with Javascript enabled, especially on mobile devices. Please enable Javascript for optimal viewing.
Developing Our Project
Here at FREDsense Technologies, we focus on developing biological solutions to monitoring toxins in our environment. Bacteria are incredibly diverse and capable of sensing and reporting on the level of a variety of environmental issues in our societies. We have harnessed the power of a genetically modified version of an environmental bacteria to be able to create a general toxin sensor to be used in the oil and gas industry. Here we describe our commmercialization strategy to make our first Field Ready Electrical Detector available.
Project.
Our business strategy has been grouped into several categories (listed on the left):
Executive Summary - A quick 3 minute overview of our business plan and our company description. Start here to learn about everything we accomplished this year!
Technology - Use the technology link to learn more about the science behind our Field Ready Electrical Detector (FRED) technology and how it was developed in 2012 by the Calgary Collegiate iGEM team!
Intellectual Property - Since our group is developing a company out of a former iGEM project from 2012, it was critical that we handle our intellectual property careful. Here we look at intellectual property from the perspective of the iGEM competition, protecting our technology through patents and trade secrets, and having the legal freedom to operate by ensuring we had the support of our mentors and supporters from 2012.
Manufacturing - While we had developed a prototype system for our technology in 2012, there is still a lot of technical work to do to develop a comprehensive prototype! We engaged key manufacturing players to learn about the technical and business challenges relating to manufacturing.
Marketing - Here we evaluate the potential of our market, the oil and gas industry. In addition we outline the size of the general toxin sensing market, and deliver a plan for how we can commercalize our technology and deliver it to the market in a time efficient manner.
Operations - A company is never complete without it's team! Here we demonstrate some of the important connections we have made, and the individuals who have become part of the FREDsense team.
Milestones - To ensure that we achieve success in a timely it is vital that we strategically plan our actions. Here we demonstrate how the future of the company will be directed.
Financial Data - How profitable can we be? This summarizes our finds from our manufacturing, market evaluation, and competitive analysis research to show that our ideas are economically worth pursuing.
Risk Analysis - A commercial venture always carries risks! Click here to learn more about some of our risks and how we hope to mitigate them in the future.
