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  • Foundational Course in Entrepreneurship Milestone 1 B.I.G. - PV ID: 18632

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    KATELYN IRIS
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    The team of B.I.G. identified that people need to disinfect their belongings to prevent the spread of bacteria and viruses. They conducted a survey that found 99% of respondents face this problem and currently use chemical disinfectants. Their proposed solution is Model X 3000, an electronic device using UV light technology to disinfect items chemically and affordably. It offers benefits like reducing plastic waste and being safe and convenient to use. The team believes it will work in the market by being cheaper than competitors but still effective.

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    The team of B.I.G. identified that people need to disinfect their belongings to prevent the spread of bacteria and viruses. They conducted a survey that found 99% of respondents face this problem and currently use chemical disinfectants. Their proposed solution is Model X 3000, an electronic device using UV light technology to disinfect items chemically and affordably. It offers benefits like reducing plastic waste and being safe and convenient to use. The team believes it will work in the market by being cheaper than competitors but still effective.

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    2 views15 pages

    Foundational Course in Entrepreneurship Milestone 1 B.I.G. - PV ID: 18632

    Uploaded by

    KATELYN IRIS
    The team of B.I.G. identified that people need to disinfect their belongings to prevent the spread of bacteria and viruses. They conducted a survey that found 99% of respondents face this problem and currently use chemical disinfectants. Their proposed solution is Model X 3000, an electronic device using UV light technology to disinfect items chemically and affordably. It offers benefits like reducing plastic waste and being safe and convenient to use. The team believes it will work in the market by being cheaper than competitors but still effective.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 15

    Foundational Course in Entrepreneurship

    Milestone 1
    B.I.G. - PV ID: 18632
    INTRODUCTION AND TEAM COMPOSITION

    Business Name: B.I.G.                                                PV ID: 18632

    Team members names Strengths and abilities  Role/Position


    Katelyn B. Iris Time-oriented, committed to work CEO
    John Joseph Garna Fast learner,Enthusiastic CTO
    Jumar Bascos Visionary, Adaptive CFO

    What makes us a good team to solve the problem we chose?


    We think that being in different field of Engineering is what makes us as a
    good team. Having different fortes and coordinated actions are a good
    combination in this venture.
    THE PROBLEM

    The problem that we identified worth solving is people need to disinfect


    their things to keep them safe from bacteria and viruses.

    We found that approximately 99% of the customers that we interviewed are


    facing this problem.

    Currently, they are managing this problem by using alcohols, sanitizers and
    other chemical based disinfectant.

    Using google form to make a survey questionnaire, we disseminated it


    through social media and emails to come up with this findings. In-person
    interviews were also conducted.
    RESULTS FROM SURVEY:

    105 Respondents

    28 are male

    77 are female

    LINK: https://docs.google.com/forms/d/1vedJbDGQDv7DXjMQQc1xIJ9Y575GyzyV6iSdwRMbCmg/edit#responses
    Age
    10
    8
    6
    4
    2
    0
    19 20 21 22 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 55 56 57 58 60 61 63 re

    Age

    LINK: https://docs.google.com/forms/d/1vedJbDGQDv7DXjMQQc1xIJ9Y575GyzyV6iSdwRMbCmg/edit#responses
    LINK: https://docs.google.com/forms/d/1vedJbDGQDv7DXjMQQc1xIJ9Y575GyzyV6iSdwRMbCmg/edit#responses
    LINK: https://docs.google.com/forms/d/1vedJbDGQDv7DXjMQQc1xIJ9Y575GyzyV6iSdwRMbCmg/edit#responses
    LINK: https://docs.google.com/forms/d/1vedJbDGQDv7DXjMQQc1xIJ9Y575GyzyV6iSdwRMbCmg/edit#responses
    CUSTOMER

    Market Type: Re-segmented Market Customer Segment: Psychographics,


    Geography

    Philippines Total Household Population = 20. 2 Million


    Proportion of poor Filipinos = 16.6 % = 17.5 Million
    Total Available Market = 16.8 Million
    TAM

    National Capital Region Total Household Population = 3 Million


    Proportion of poor Filipinos = 16.6 % = 17.5 Million
    Serviceable Available Market = 2.5 Million
    SAM

    Quezon City Total Household Population = 700, 000


    Proportion of poor Filipinos = 16.6 % = 17.5 Million
    Serviceable Obtainable Market = 580, 000
    SOM

    Niche: Household who does not belong to low-income family and is conscious about
    sanitation
    CUSTOMER PERSONA

    GOALS PERSONALI
    TY
     To find Portable yet effective Disinfectant
     To save money
     To sanitize properly

    FRUSTRATION MOTIVATIO
    S N
    RASHIDA REYES
     Lack of time because of work and school works
    “I am looking for a portable  Having trouble with proper disinfection
    yet effective disinfectant”  Everyday exposed to viruses in Hospital

    19 years old
    BIO
    Female Rashida belongs to the middle class and is currently employed at FEU NRMF as a Monitor in
    Clinical Research and enrolled as a MEDTECH Student. At home, she is with her grandparents,
    Monitor in Clinical Research who are very susceptible to viruses. So, Rashida realized that it was necessary to sanitize
    herself and her belongings properly before entering their home. Since she always went to
    hospital, there is a considerable percentage that she might be carrying viruses. Therefore,
    Caloocan City finding an effective disinfectant will solve her frustrations.
    SOLUTION

    Model X 3000, is an electronic disinfectant device that Currently, they are managing this problem by using
    will help our potential customers to ensure that their alcohols, sanitizers and other chemical based
    items are fully disinfected, safe from bacteria and viruses disinfectant.
    using UV light technology.

    Our solution offers customer the benefit of:

    Reduce plastic waste Chemical-free Affordable


    • The details of our offering consist of:
    • Dry disinfecting We think that our business will work in our
    • Guaranteed effectiveness market/region or country because it is cheaper than
    other electronic devices and yet effective.
    • Sustainable
    • Safe and convenient to use
    • Cost effective
    VALUE PROPOSITION CANVAS
      LEAN CANVAS
    COMPETITION ANALYSIS
    THANK YOU
     

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