Green Dot Technologies

E L I J A H L I V I C T O R M A T E A S H O D A R I F A I R O M A N S T O L P E R T H E A Z I M N I C K I

  Pharmaceutical Storage Problems in Developing Countries:   Vaccine spoilage often occurs at vaccine provider’s site  Unreliable power grids  Untrained and overworked healthcare workers Administration of spoiled vaccines

= LOSS OF LIFE AND LIMITED RESOURCES

We will design a refrigerator accessory which will:  Minimize cold loss during refrigerator usage    Minimize power consumption Inform against administration of spoiled pharmaceuticals Simplify inventory system

Insulated Light Indicator Rubber Lip Regular Fridge Breathable Material Holes for Internal Air Circulation Inventory Mechanism Temperature Sensor Colored Label Up = empty Down = full

Phase 1 Modeling of thermal conductivity and convection using SolidWorks Phase 2 Build prototype based on parameters determined from Phase 1 Phase 3 Run experiments between prototype and control. Test cold loss and energy efficiency

   Product is a refrigerator accessory   Increase time span of acceptable temperature range Reduces human error in administration and storage  10%-30% more energy efficient Competition  Energy efficient fridges could compete  Potential business partners!

Will take 12 months to develop  Pilot study to obtain data on developing country needs and refine design based on feedback  Locking mechanism to prevent dispensing of spoiled drugs

   Partner with Company that Already Supplies Developing World with Refrigerators  Customize our product to theirs   Tap into existing manufacturing ability Market to existing clientele as a package or upgrade Expand Market to all Healthcare Providers  Highlight energy efficiency  Solve existing issues with dispensing and monitoring Create Models Marketed as Green Technology  Redesign for specific needs of home users

  Developing Countries:  NGO’s involved with vaccine and healthcare programs Expanded Market:   Refrigerator accessory marketed to developed world health clinics and pharmacies Future products designed for home users  Lobby policy makers to lower energy standard which would effectively require use of our product or similarly energy efficient systems

Developing World Developed World Health Care General In Home Use

Find MBA Student Partner Initial Business Plan Submit GSVC Executive Summary GSVC Regional Semifinals Network with NGOs to investigate future expansion of Pilot Submit Business Plan for GSVC Finals December 2008 Design Idea Prototype Plans January 2009 February Proof of Principle Tests March Build Prototype I Purchase Parts SolidWorks Modeling of Thermal Efficiency April May Evaluative Experiments RESEARCH: NGO Supported Surveys of Healthcare Centers June Build functional prototype Refine Design

Partner with NGO for Pilot Study Partner with Refrigeration Company Market to all Developing World and NGOs Expand NGO Network Marketing and Sales in Healthcare Market Seek Policy Reform for Low Energy Technology Sales in Home Market 2009 2010 2011 2012 2013 2014 Develop Acceptable Lock Mechanism Refine for Saleable Model Pilot Study in Developing World: Uganda Develop Product for Healthcare Market Develop Custom Order Manufacture Develop Product for General Use Continuous Quality Assurance and Development

COSTS

     Development  Free labor until profitable Prototype  $400 including fridge Pilot Study  Internship program Manufacture  Outsource to partner Advertisement  Networking and partnership

REVENUE

   Developing World   $300-400 with fridge Break even Expansion I: Healthcare  High Tech versions costing $2000-3000+ Expansion II: Home Use     $200-500 each as accessory $1,000+ as full fridge $6.3 billion market in US Large and expanding market!

Green Dot Technologies

Motivation Keeping pharmaceuticals viable in the developing world with green technology Business Strategic partnership Expanding market Environmental Policy Technology Optimized energy efficiency Reduced loss of cooling Minimized possibility of error

Extended life for pharmaceuticals

Acknowledgements

Columbia University

Biomedical Engineering Department

Dr. Sam Sia Dr. Elizabeth Hillman Keith Yeager

School of Engineering and Applied Science

EWB: India Group EWB: Uganda Group

Pfizer

Ron Guido Alan McEmber