Periodic Reporting for period 1 - E-Solution (Flexible and effective solution for people with motor disabilities)
Okres sprawozdawczy: 2019-11-01 do 2020-08-31
Today, 10 to 15% of the world’s population lives with disabilities. For many of them, the wheelchair is one of the most useful assistive devices for enhancing personal mobility. Recent studies indicate that about 1% of the world population, i.e. circa 75 million people, suffer from motor disabilities requiring the use of a wheelchair.
The overall objective of this project was to further develop and optimise our business plan to commercialise and sell our novel, flexible and effective solution – E-Axle. E-Axle is an electrical add-on drive system for manual wheelchairs that will give the user assisting power when using the wheelchair.
The overall objective of this project was to further develop and optimise our business plan to commercialise and sell our novel, flexible and effective solution – E-Axle. E-Axle is an electrical add-on drive system for manual wheelchairs that will give the user assisting power when using the wheelchair.
The project covered technical and market feasibility assessments and led to the development of a long-term business plan. The study has highlighted a strong and unfulfilled demand for an electrical add-on drive system. The feedback gathered has allowed Decon to map the value proposition and estimate what still needs to be done to enhance the offering and the underlining technology. We have conducted tests of different components from selected suppliers with promising results.
The strategic business review allowed for further study of the competitive landscape and led to strengthening Decon’s strategy for market entry. We have identified several important partners and suppliers. We have also refined and strengthened our business plan and go to market strategy,
enabling reaching our financial and commercialisation targets. The established strategy on how to engage with external partners will support the product’s international expansion and the company’s growth.
The strategic business review allowed for further study of the competitive landscape and led to strengthening Decon’s strategy for market entry. We have identified several important partners and suppliers. We have also refined and strengthened our business plan and go to market strategy,
enabling reaching our financial and commercialisation targets. The established strategy on how to engage with external partners will support the product’s international expansion and the company’s growth.
Decon’s electrical add-on drive system for manual wheelchairs has the potential to disrupt the
wheelchair market as there are no commercially available products offering such a demanded solution. E-Axle will increase flexibility and improve possibilities for consumers to move freely, which will result in greater mental health for people in wheelchairs and reduce societal costs.
wheelchair market as there are no commercially available products offering such a demanded solution. E-Axle will increase flexibility and improve possibilities for consumers to move freely, which will result in greater mental health for people in wheelchairs and reduce societal costs.