Draft a one-page informal business proposal in which you first define the venture for which you are seeking investment to complete a proof-of-concept test. You are seeking an investment of $150,000 from a venture capitalist, and you plan to make a diagnostic assay test based on antigen-antibody principles to accomplish a medical diagnostic of your choice. You can choose a medically relevant topic of interest, such as a test for COVID-19 aimed at the detection of particular proteins, as long as the venture seeks to detect the presence or absence of infection in the body.
Your business proposal should include a high-level explanation of how this concept could work. Develop a schematic using inputs and outputs to show which indicators the assay is reading, and how it uses those indicators to decide the state of the readout being examined. You can use diagrams, figures, flowcharts, and whatever else comes to mind to describe your idea. You will include a breakdown of the budget, which may include several parameters such as product /development, research and development, and manufacturing costs. (Obviously, we’re not working with a lot of information as to how much things will actually cost, so don’t worry too much about being completely accurate with this budget; it is more of an intellectual exercise.)
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