ELIJAH LI VICTOR MATEAS HODA RIFAI ROMAN STOLPER THEA ZIMNICKI Green Dot Technologies

Design Problem and Brief 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

Chosen Idea Regular Fridge Fridge with our add-on Airtight Rubber Seal Holes for Internal Air Circulation Empty Fridge Temperature Indicator Label Inventory Mechanism Insulated Dividers with Rubber Lip Breathable Material Light Indicator Battery Temperature Sensor Colored Indicator Up = empty Down = full Colored Indicator Up = empty Down = full Spring

Prototype 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

Company Overview 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

Business Model 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

Market Opportunity 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

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

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

COSTS REVENUE Development  Free labor until profitable Prototype  $400 including fridge Pilot Study  Internship program Manufacture  Outsource to partner Advertisement  Networking and partnership Developing World  $ with fridge  Break even Expansion I: Healthcare  High Tech versions costing $ Expansion II: Home Use  $ each as accessory  $1,000+ as full fridge  $6.3 billion market in US  Large and expanding market! Finances

Green Dot Technologies Motivation MotivationKeeping pharmaceuticals viable in the developing world with green technology Business Business Strategic partnership Expanding market Environmental Policy Technology TechnologyOptimized 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