Team:Calgary Entrepreneurial/Project/Model
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<h1>Milestones</h1> | <h1>Milestones</h1> | ||
- | <p> | + | <p>Ensuring that we achieve success in a timely manner it is vital to the success of FREDsense. We have strategically planned our actions going forward to both utilize our resources in the most effective way and to meet the needs of our market. Here we outline how FREDsense will grow over the next 5 years.</p> |
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<h1>Our Ongoing Plan </h1> | <h1>Our Ongoing Plan </h1> | ||
- | <p>Pushing FREDsense forward | + | <p>Pushing FREDsense forward relies on an aggressive set of key milestones that we will need to meet over the next 5 years. Meeting these challenges will help put FREDsense in a powerful position to solve problems and build better biosensors. These milestones are broken down into 1, 3, and 5 year goals.</p> |
- | <h2> | + | <h2>Year One</h2> |
<p>This will be a busy year seeing us continuing development of the technology.</p> | <p>This will be a busy year seeing us continuing development of the technology.</p> | ||
<p>Funding Source: Grants, Company, Private Investment</p> | <p>Funding Source: Grants, Company, Private Investment</p> | ||
<p>Milestones: Prototype Development, Patent, Licensing Agreements/Partnerships, Regulatory Assessment</p> | <p>Milestones: Prototype Development, Patent, Licensing Agreements/Partnerships, Regulatory Assessment</p> | ||
- | <h2> | + | <h2>Year Three</h2> |
<p>Funding Source: Angel Investment, Grants</p> | <p>Funding Source: Angel Investment, Grants</p> | ||
<p>Milestones: Prototype Validation, Manufacturing Contracts, Pre-sales, Product Demonstration, Regulatory Approval</p> | <p>Milestones: Prototype Validation, Manufacturing Contracts, Pre-sales, Product Demonstration, Regulatory Approval</p> | ||
- | <h2> | + | <h2>Year Five</h2> |
<p>Funding Source: Venture Capital Funding</p> | <p>Funding Source: Venture Capital Funding</p> | ||
<p>Milestones: Capture 30% of Market, Product Diversification, Expand to USA</p> | <p>Milestones: Capture 30% of Market, Product Diversification, Expand to USA</p> |
Revision as of 00:17, 25 October 2013
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Milestones
Ensuring that we achieve success in a timely manner it is vital to the success of FREDsense. We have strategically planned our actions going forward to both utilize our resources in the most effective way and to meet the needs of our market. Here we outline how FREDsense will grow over the next 5 years.
Our Ongoing Plan
Pushing FREDsense forward relies on an aggressive set of key milestones that we will need to meet over the next 5 years. Meeting these challenges will help put FREDsense in a powerful position to solve problems and build better biosensors. These milestones are broken down into 1, 3, and 5 year goals.
Year One
This will be a busy year seeing us continuing development of the technology.
Funding Source: Grants, Company, Private Investment
Milestones: Prototype Development, Patent, Licensing Agreements/Partnerships, Regulatory Assessment
Year Three
Funding Source: Angel Investment, Grants
Milestones: Prototype Validation, Manufacturing Contracts, Pre-sales, Product Demonstration, Regulatory Approval
Year Five
Funding Source: Venture Capital Funding
Milestones: Capture 30% of Market, Product Diversification, Expand to USA