Audience: Who have you identified as your customer/recipient groups and do these groups value your solution for different reasons? How do you engage different customer/recipient groups to deliver your solution?
Multinational health NGO’s are our customers. They offer tiered administration under one umbrella. This allows us to contract with one organization and roll-out across hundreds of clinics. Second, they provide ease of communication. Global directors are based in developed countries, and this allows us to more effectively communicate with them. Finally, they are willing to pay for resources such as ours designed to measure impact. Client outreach includes cold contact and introduction by existing partners.
Scaling the solution: How would the prize money and publicity help you to achieve your objectives over the next two years?
The prize money and publicity from this competition would allow us to invest in personnel and expand our outreach efforts. This would allow Project SAM to scale its efforts to partner with at least five NGO’s with a global reach exceeding 12 countries while earning annual revenue of over $100,000 by the end of 2014. Over the next seven months, Project SAM also aims to develop predictive analytics functionality that will allow us to use data from our inventory database to predict expected drug usage for organizations.
Experience: Please provide examples of any previous entrepreneurial initiatives you have pioneered
Founder and CEO Daniel Yu is leading the product development for Project SAM, and has extensive experience as a web developer, having worked as a freelance developer specializing in building out MVP’s for new startups. In addition, team member and developer Shaan Sapra has worked as a software developer for Enova and for several early-stage startups at the University of Chicago.
Are you are eligible to attend the Accelerator event in Cambridge and subsequent events in London, UK in January, 2015?