Our mentors are Andre Marzili and Dylan Gunn. Our first meeting with them could have not been better. Here are some notes:
Short term:
- Our target customer segment should be proportional to our SAM/TAM estimates.
- We should pursue both companies and researchers as the early adopters.
- Finding out how the IP is differentiated, and how to protect it.
- Having a customer in the company could be beneficial.
- Customer interviews: what features would you like? Would you buy it if we have it ready? How much would you pay for it?
- Contacting the users of other bioprinters and interviewing them about the shortcoming of the systems that they have purchased.
- Market size estimate: using web of science to identify the main authors of the field, and trying to interview them, and have them as lead clients.
- Recommendation for contacting some of the people from our list
- Visiting Boreal Genomics
Long term:
- Being on campus and ease of access to the facilities
- Keeping things in the lab as long as possible
- Staying self/government funded as long as possible
- SR&ED
- IRAP: They do free market research in addition to other resources. Andre could help with the introduction.
Also some very memorable quotes from Andre:
“We can solve all the technical problems. What we can’t solve is the customers not buying the device.”
“That sounds like a great idea is not the same as we would pay 50K for it!”