11A - Idea Napkin No. 1

1)    I’m a 3^rd year chemical engineering major that currently performs research on the applications of fibers to electronics. Recently, I have been trying to change my research area to a new field. I have aspirations to start a business of my own when I am older. Preferably, I will gain experience in the industry, get an MBA, and then start my own business. Regarding my business concept, I believe that there is opportunity for it to be revolutionary if the research pans out. The biomedical industry is an area I am extremely interested in at the moment.

2)    My concept offers new healing technology in bandage form. The bandages hold fibers that will create scaffolding for a scab. Those fibers then peel off of the gauze so that the scab isn’t torn off.

3)    The bandage will be offered in drugstores and in hospitals in varying forms. This would be offered to the whole population as a new type of bandage for their burns and cuts that have trouble healing.

4)    They care because it would provide faster healing to help them get back to their normal life without a blemish on their skin. It would prevent scaring as it will aid fast healing.

5)    No other bandage aids the scab healing process like this bandage. The farthest other bandages have gotten outside of a hospital is the addition of anti-bacterial cream to the gauze.

I truly believe that all 5 elements fit together. There is a need for bandage development to aid faster healing. Also, I have the interest in the area to make it work. For a business to be successful, the entrepreneur must have the skills and interests to make the business successful. I believe that I have the framework to do so.