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Team:Calgary Entrepreneurial/Project/Model
From 2013.igem.org
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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.
Our Ongoing Plan
Pushing FREDsense forward is 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.
One-Year
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
Three-Year
Funding Source: Angel Investment, Grants
Milestones: Prototype Validation, Manufacturing Contracts, Pre-sales, Product Demonstration, Regulatory Approval
Five-Year
Funding Source: Venture Capital Funding
Milestones: Capture 30% of Market, Product Diversification, Expand to USA
