Start Up Chile Round 12
ATventure
Startup Information
Express-analyzer of CNS-diagnosis. The expected result is the completion of analyzer for differential probability diagnosis of CNS changes reflecting the impact of a wide spectrum of drugs, psychotropic substances & dopes, portable device for dynamic CNS assessment during anesthesia and portable set for functional monitoring of racing horses.
Industry
Healthcare & Biotechnology
Biotechnology
Hospitals & Medical Practice
Product Type
Physical Product (Non-Hardware)
Executive Summary
What is the problem you are solving?
The completion and marketing of express-analyzer for differential probability diagnosis of CNS changes reflecting the impact of a wide spectrum (at least 30-40 types) of drugs, psychotropic substances and dopes. The principal object of commercialization at this stage will be express-assessment services provided with the test-pieces of express-analyzer and its modified versions: portable device for dynamic CNS assessment during anesthesia and portable set for functional monitoring and selection of racing horses.
What is your product or service?
Please describe what you are offering. What is new/revolutionary about what you are doing? How do you create value for your costumers?
How do you capture value? Is there any relevant Intellectual Property?
The completion and marketing of express-analyzer for differential probability diagnosis of CNS changes reflecting the impact of a wide spectrum (at least 30-40 types) of drugs, psychotropic substances and dopes. The principal object of commercialization at this stage will be express-assessment services provided with the test-pieces of express-analyzer and its modified versions: portable device for dynamic CNS assessment during anesthesia and portable set for functional monitoring and selection of racing horses.
How far are you from having an MVP (minimum viable product)?
1 year
If you have an MVP please provide a link here
-
Or you can provide an screenshot or diagram of your MVP here
IMG_0046.jpg
Who are you selling your product/service to?
Who are your first customers? Do you already have any traction? Is anyone already using your service and giving you validation and/or feedback? If not, who will be your customers and target market? What is the estimated size of your target market?
For professionals and users.
In criminalistic practice the only way of primary assessment of drug intoxication, is purely subjective evaluation done by police officers. This, however, creates some legal problems if detailed clinical examination does not confirm the subjective impression. The express-analyzer would allow to avoid these problems, providing objective data for clinical examination. Primary CNS assessment is a sphere of special interest for traffic control service and
prison control service. In both cases there is a good legal base for the use of express-analyzers.
Page 2/14
The main consumers of express-analyzer services will be:
Police and other public defense services;
Health care institutions of different profiles, especially in narcology, ophthalmology, anesthesiology etc.;
Sport medicine services and doping control centers, athletic competition organizers, Olympic committees,
athletes;
Personnel departments and agencies, military medicine centers.
A modified version of express-analyzer can also be used in veterinary practice for the selection of racing horses through the assessment of their visual system before and after intensive works, and also for doping control during the races. Special research showed the principal possibility of using this method of selection objectification.
Special goggles for horses have been construed.
Who are your competitors and how are you different?
Or who might become your competitors? What is your competitive advantage? Do you have any strategic partnerships or assets that would
give you an advantage?
In clinical practice there are no objective methods of individual dosage of drugs and medicines influencing CNS.
In particular, there are no methods of dynamic control of the state of a patient under anesthesia. In both cases at present the indicators like pulse, heart rate, breathing, visual pupillary response to light are used, that make it hardly possible to register subtle CNS changes and the risk of overdose pertains. Both the control of individual dosages of medicines and the dynamic control of the state under anesthesia become possible with the help
express-analyzer.
How does or will your startup make money? How would your revenue model scale?
What is your revenue model? Subscription? Freemium? Direct sales? What are your revenue streams? What are your costs? What is your
profit forecast? What are your upcoming capital needs, if any?
Spheres of application of the express-analyzer will be extended with the accumulation of experience of its use in field setting and modification testing of test-pieces. For this purpose several assessment services will be organized on collaboration with different clinical centers. However, basic functions will be realized in the test-pieces. Normally parameters of pupillary response are stable, and the CNS state may be estimated immediately by comparison with the normal pupillary response curve. The simplicity of data interpretation will make the device manageable even for paramedical personnel and more common for them than electrocardiograph.
Why are you and your team members the perfect team to lead this startup?
What skill set does each team member bring to the startup? Have any of you launched a product together as a team in the past? How long
have the founders known one another and how did you meet?
Because all the team members are highly motivated & result-oriented.
All team members have extensive experience in collaborative scientific research, and the head has experience in launching new products.
Have you already raised any private capital?
No – we’re bootstrapped
If so, who are your investors?
Please list the investors or investing organizations. Also you can provide the LinkedIn profile.
At this stage there are no investors.
If you have raised funding from other non-private sources, please specify here:
-
Do you have any mentors, advisory board members or consultants?
No
Page 3/14
If so, who are they?
Who is supporting your team? You can provide the LinkedIn profile.
-
What are the main uncertainties associated with your startup?
The uncertainty may be associated with a loss of motivation of participants startup due to lack of competition.
The uncertainty concerns the creation of the device model as a cheap gadget. There is a need to strike a balance between its cheapness and specifications. Creating working software can also be very challenging.
Which of the statements are you most in agreement with?
The main uncertainty is whether the product or service can be developed
What was the Primary source of the idea for the product or service leading to your current startup?
Please select only one
Working in the military or government
If 'Other' please specify:
-
What was the Secondary source of the idea for the product or service leading to your current startup?
Select as many as apply
Professional literature
Discussions with social / professional acquaintance (s)
If 'Other' please specify:
-
For how long ago has your idea been feasible (technically and commercially)?
Five or more years ago
What kind of change caused the emergence of the opportunity?
A technological change in the inputs that enable your product or solution
Which is the first main market that you plan to launch your startup to?
Chile
Which is the first industry that you plan to serve with your startup?
Healthcare & Biotechnology
If 'Other' please specify:
-
In which country does the main strategic resource of your startup reside?
Chile
Page 4/14
In what industry does the main strategic resource of your startup reside?
Healthcare & Biotechnology
If 'Other' please specify:
-
In how many countries do you believe your startup will have offices in 5 more years?
Five or more countries
At the time of founding the startup, how similar was your idea to something that already
existed?
Not similar at all (close to 0%)
Are you re applying?
No
What did you change from your last application that would make us select you?
-
Elegibility
Have you read and understood the Terms and Conditions?
Yes
Is the founder going to work exclusively in the startup in Chile throughout the entire duration of the program (6 months)?
If you live in Chile and you will work exclusively on your startup during your time in the Start Up Chile program you should answer yes.
Yes
Will your startup reach more than just the Chilean market in the long run?
Yes, we will go global
Have you received funding from any Chilean government entity?
No
If the answer is Yes, which Chilean government entity?
-
How did you hear about Start-Up Chile?
Social Media (Twitter, Facebook, Instagram, YouTube, Meetup.com..)
Specify
-
Personal Info
Team Leader: Alexey Tourbaevsky (chelovechek@narod.ru)