About this Workshop:
A laptop or tablet that has Excel is required for this workshop, we will be working with excel templates.
Being able to communicate the value of your idea is critical to build interest, recruit a team, and most importantly, attract funding for your project. Revenue modeling and forecasting is far from an exact science, and the real benefit is derived from gaining a better understanding of the commercial landscape and explaining the assumptions intrinsic to your model.
Who should take this workshop:
– Scientists, engineers, and clinicians interested in biomedical innovation
– Investigators developing device, diagnostic, or therapeutic technologies.
– Technology transfer personnel who work with investigators
What participants will learn:
– How to build a revenue model using an excel template
– Account for major expenses and development costs
– Calculate risk-adjusted net present value (NPV) of your idea.
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