A Sustainable Social Business Innovative products and services to lower hearing loss and the burden of hearing loss for children in developing countries.

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Presentation transcript:

A Sustainable Social Business Innovative products and services to lower hearing loss and the burden of hearing loss for children in developing countries

The scale of silence: the problem 626 million people with hearing loss and 2/3 in developing countries 9 million hearing aids are manufactured a yearAverage price of hearing aid in USA is $1,800Price of one battery is $2 and need is 1 a weekDearth of professionals50% hearing loss can be prevented 181 million children with a hearing loss 70% of USA and 88% of developing countries are underserved

Our business model We are a sustainable social business manufacturing solar powered hearing aids by people who are deaf for people with a hearing loss

Our products provide a child the ability to learn to develop speech therefore an opportunity to go to a public school. What We Do

Solar Ear’s mission: M 8 goals 1) Millennium goals but for people with disability. 2) Offer training and employment to young people who are deaf, especially women. 3) Provide education programs on issues of HIV-AIDS and maternal health programs. 4) Showing society the special abilities of people with a disability. 5) Develop new methods to deliver sustainable health programs.

Solar Ear throughout the world Botswana, 2002 HIV-Aids Education for children Brazil, 2006 Free therapy for 5,000 children a year China, 2012 Change public policy Palestine-Israel, 2015 Peace building India, 2015 Disability rights First Nations- Native Americans, 2016 Cross border cultural leadership training 10 more places in next 5 years 10 more social missions

Invented by people who are deaf.Maintains capability or capacity for 2-3 years. Can be used in 80% of 50 million hearing aids on the market today. Can be charged via sun, household light or using Nokia cell phone plug. Three-month break even for consumer. Environmental Savings : 200,000,000 disposable batteries used per year. First rechargeable hearing aid battery

Our Products: Rechargeable Hearing Aids 90% of parts come from the same suppliers as other hearing aids companies 98% of value of component from USA suppliers Solar Ear selling price $99 - $250 versus other companies $1,800 - $9,000 plus batteries Independent University studies = Credibility Central Michigan University, University of Copenhagen, Stanford University, Special Olympics, UNICEF video Costs of Materials from $36 to $79Proven sales in 39 countries

Solar Ear Awards Ashoka Fellowship Lemelson Foundation Fellowship Tech Award Economic Empowerment American Academy of Audiology Humanitarian Award Marion Downs - Souring Heights - China Alex Graham Bell Museum Permanent exhibit Smithsonian Museum Design for the other 90%

Solar Ear in the media

Improving Health and Education Outcomes VIRTOU S CYCLE VICIOUS CYCLE

Impacts Increased wealth of population due to more children going to school and more adults being employable Reduced social and economic costsSelf-sustaining Solar Ear programs Changed civil society perception about the skills of people. Programs can be scaled to other countries and other health problems, e.g. diabetes, dyslexia. Peace- Building

Holistic sustainable health solution via DREET D etection hearing test via touch screen R esearch free bi-product E ducation: 50% hearing loss can be prevented E quipment : Smartphone sold by micro- entrepreneurs T raining: build in field capacity of secondary health care workers, teachers DETECT RESEARCH TRAINING EDUCATION EQUIPMENT

The Smartphone for Holistic mobile DREET Hearing Care Smartphone becomes a hearing aid Professionals remotely program the phone Smartphone becomes a hearing aid= $3,000.USD E ducation 50% hearing loss can be prevented Language neutral apps Therapy app Research free bi-product from Detection D etection Hearing loss detection by micro-entrepreneurs Results sent via cloud to Solar Ear professionals

Comprehensive Disribution Network From HQ to Rural Villages

Future- by Solar Ear centers in 15 duty free zones servicing over 60 countries with access to over 3 billion people Solar Ear Projected Solar Ear sites

Value Proposition Established, PROVEN sustainable holistic HealthCare offering Global brand name Access to different customer group (bottom-of-pyramid via micro-entrepreneur Close collaboration with Academia, Government, NGOs, Foundations Scalable Business Model