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Duke Institute for Health Innovation. Innovation Project Title. Your Name Team members. Oct 2019. Problem. Describe the problem or pain point your innovation addresses. Who does it effect? What is the magnitude (economic/clinical) of the problem.
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Duke Institute for Health Innovation Innovation Project Title Your Name Team members Oct 2019
Problem • Describe the problem or pain point your innovation addresses. • Who does it effect? • What is the magnitude (economic/clinical) of the problem. • What is the cost associated with the problem?
Solution • How does your solution address the problem? • Is your solution a service, device, software, new care model, or something else? • Who do you solve it for? How does it help? • Who will use your solution or product? • Who makes the decision to buy your solution? Who will pay for it?
Your team & business model Do you have IP? Do you have know-how? Describe your team. What capabilities and/or team members are needed? What are the gaps? What will your operations look like? Provide a high-level overview of your business model and revenue generation plan. https://www.forbes.com/sites/forbesfinancecouncil/2018/07/18/how-to-create-a-successful-small-business-plan/#8ab89a42e942
Next steps & path forward Please share future milestones, next steps and/or path forward for your innovation. i.e., GANTT chart