Project Title: Students will work with a team of experts who are looking to bring a device to market that improves decannulation (removal of a tracheostomy tube). The goal of this device is to improve patient’s quality of life and reduce complications/death rates each year.

Company TA

Details
Project Title Students will work with a team of experts who are looking to bring a device to market that improves decannulation (removal of a tracheostomy tube). The goal of this device is to improve patient’s quality of life and reduce complications/death rates each year.
Project Topics Product Design & Development
Skills & Expertise
Project Synopsis: Challenge/Opportunity
A tracheostomy is a medical procedure that involves creating an opening in the neck in order to place a tube into a person’s windpipe. The tube is inserted through a cut in the neck below the vocal cords. This allows air to enter the lungs. Breathing is then done through the tube, bypassing the mouth, nose, and throat. During decannulation (removal of a tracheostomy tube) serious complications can develop including breathing obstruction. Our team of experts have developed a medical device which: • Improves patient's quality of life. • Alerts caregivers to potential obstructions before they become life threatening. • Reduces complications and death rates each year Our team of experts would like to bring the device into the market. Team Responsibilities: Students will be responsible for the development of business model(s) and business plan(s). This would include: • Researching, analyzing and sizing the tracheostomy/decannulation market • Researching, analyzing and sizing the medical devices market • Interacting with organizational and individual investors • Developing a business plan(s) for bringing the product to the market • Developing a business model for the product after market introduction Team Qualifications: Ability to: • Quickly learn the clinical aspects of tracheostomy and decannulation • Assist in bringing the product to clinical trail • Develop marketing materials, promotional plans, training plans, and forecasts • Contribute to the development of global brand strategies for the products including value propositions • Partner with the inventors to lead the team from product conception to launch • Build collaborative relationships with physicians, organizational and individual investors • Work efficiently in a fast-paced environment and be comfortable with ambiguity and change
Project Synopsis: Activities/Actions Required
Project Synopsis: Expected Results

Project Timeline

Company TA - Students will work with a team of experts who are looking to bring a device to market that improves decannulation (removal of a tracheostomy tube). The goal of this device is to improve patient’s quality of life and reduce complications/death rates each year.
Due Date
Activities
Deliverables
Status
Action
Mon, 01/11/21
12:00 AM UTC
Town Hall Presentations
No Deliverables
No deliverables are required for this action item.
Description:
Town Hall Lunch & Learn presentations will take place from November 1st - 5th via Zoom. These presentations serve as a mid-semester update on projects with faculty, staff, and students from the School of Business.
Tue, 03/09/21
12:00 AM UTC
Teams finalized/students notified
No Deliverables
No deliverables are required for this action item.
Description:
information coming soon
Tue, 05/11/21
12:00 AM UTC
Temp Check #1 Due
Required Evaluation
Evaluation submission is required.
Description:
Wed, 06/09/21
12:00 AM UTC
Kickoff Evaluation Due
Required Evaluation
Evaluation submission is required.
Description:
Sat, 06/12/21
12:00 AM UTC
Temp Check #2 Due
Required Evaluation
Evaluation submission is required.
Description:
Tue, 08/10/21
12:00 AM UTC
Reminder of Confidentiality
No Deliverables
No deliverables are required for this action item.
Description:
During this program, you'll be working on a real project posed by a real industry partner. By registering for the CapSource system and participating in this Program, you are bound by the Rules of Engagement, including strict confidentiality of information shared with you. Please be respectful and professional.
Tue, 09/07/21
12:00 AM UTC
Program Kickoff
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No deliverables are required for this action item.
Location:
Sat, 10/09/21
12:00 AM UTC
Project Kick Off
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No deliverables are required for this action item.
Description:
Prior to this date, all projects will begin.
Tue, 10/12/21
12:00 AM UTC
Drop Box for End of Project Deliverables
Required Deliverable
Required Deliverable
Deliverable submission is required.
Tue, 10/12/21
12:00 AM UTC
End Date of Fall 2021 Projects
No Deliverables
No deliverables are required for this action item.
Description:
Students will work with their faculty advisors & industry partners to schedule end of semester presentations and wrap up any tasks.
Tue, 10/12/21
12:00 AM UTC
Final Peer Evaluation Due
Required Evaluation
Evaluation submission is required.
Description:
Tue, 10/12/21
12:00 AM UTC
Final Self Evaluation Due
Required Evaluation
Evaluation submission is required.
Description:
First Day of Classes
No Deliverables
No deliverables are required for this action item.
Description:
Students must register for their specified section of MGT 809 by this date.
Resume Upload
Required Deliverable
Required Deliverable
Deliverable submission is required.
Application Deadline for Fall 2021 Projects
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No deliverables are required for this action item.
Description:

Teams

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