GSource Boulder Drive Laramie, Wyoming 82070 February 5, 2018

 GSource

DECA Innovation
Plan

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By: Amel
Ksaibati & Jessica Liu

Laramie DECA Chapter

Laramie High School

1710 Boulder Drive

Laramie, Wyoming 82070

February 5, 2018

 

TABLE OF CONTENTS

I.     
Executive
Summary………………………………………………………………………………………………1

II.   
Problem……………………………………………………………………………………………………………….1

III. 
Customer
Segments………………………………………………………………………………………………2

IV. 
Unique Value
Proposition………………………………………………………………………………………2

V.   
Conclusion…………………………………………………………………………………………………………..3

 

I. EXECUTIVE SUMMARY

Whether we like it or not,
electricity powers our lives. Without it, we would freeze in the winters, have
difficulty cooking food, have no way of communicating with loved ones far away,
and so much more. Millions of people around the world are dying due to lack of
heat or the toxic smoke that is created from indoor pollution caused by the lack
of electricity. All around the world, billions of people are suffering from
energy poverty. From losing their homes and possessions to a natural disaster,
not being able to afford power for their house, or to living in an underdeveloped
country that has no means of providing energy; all of these people have one
thing in common, they are in need of a reliable electricity source. The
G-Source is a highly effective way of saving millions of live and providing
energy to those in need, by using the universally available source of gravity.

II. PROBLEM

In today’s society, nearly 1.3
billion people do not have access to electricity, and millions more have an unreliable
supply. These people do not have a way to supply heat to their homes or generate
enough power to cook. Not only that, but 15.4 million deaths occurred due to lack
of heat, according to a study conducted from 1985 to 2012. In addition,
firewood, charcoal and dung are a common fuel source in those places, and the
resulting smoke turns into indoor pollution which attributes to more than 4.3
million deaths a year. In rural developing countries, 3 billion people rely on
biomass, such as firewood, charcoal, agricultural waste and animal dung to meet
their energy needs for cooking. These resources account for over 90% of
household energy consumption. Such inefficient cooking and heating practices
can also produce high levels of household air pollution, which includes a range
of harmful pollutants such as fine particles and carbon monoxide. About 1.5
million people, mostly women and children, die every year due to exposure
to indoor air pollution from biomass and other toxins.

III. CUSTOMER SEGMENTS

The market opportunity for the
G-Source would be war-torn countries as well as underdeveloped countries with
no access to electricity. Places that have also been through natural disasters
and extreme weather fluctuations could also benefit from the G-Source
technology. Whether it’s just the deprivation of power in the middle of a
forest campsite, or a lack of power after losing everything in a natural
disaster, G-Source can help improve millions of lives around the globe.
According to the International Energy Agency, over 1.3 billion people do not
have access to electricity. Our innovation can revolutionize and improve many
lives, providing a safe and environmentally friendly power source.

 IV. UNIQUE VALUE
PROPOSITION

The G-Source is a unique, revolutionary
innovation that provides a power source only using the force of gravity. This
can bring power to people who have lived without electricity their entire
lives. The technology of extracting electricity from just gravity is inspired
from the company GravityLight. But using our new and improved technology
we are able to maximize the energy that is create and allow it to be used for
so much more than just light. Once G-Source is installed on any sturdy beam and
a weight of rocks or another heavy material is attached, it is ready to be
used. The weight is lifted by pulling the pulley string several times. Upon
release, the weight falls down gradually which powers a drive sprocket that
activates an electricity generator. The energy that is generated is enough to
provide electricity for cooking, heating, fans, and much more.

 V. SOLUTION

The G-Source is
powered by the lift of weights, which can consist of stones, dirt, or other
accessible materials. It takes less than 60 seconds to lift the weights from both
pulleys to instantly create power. Through each pulley, the weight that is
pulled is only a quarter of the actual weight, which allows for a non-tiring
swift lift. The power source can then be used to heat a house, cook a meal, or
power a device. The G-Source also does not require batteries, which means that
it is very reliable and self-sustainable. There is also no need to charge it in
advance, which means it is ready when you need it. As the energy generated from
the device is completely self-sustained, the G-Source saves money used for gas,
firewood, coal, or charcoal. With this new innovation, people can now divert
from using sources that cause indoor air pollution, which claims millions of
lives every year. The G-Source has the potential to save the millions of lives
from being lost due to lack of power.

VI. CONCLUSION

The G-Source would be distributed to
the millions of people in need through missionaries, NGO’s (non-governmental
organization) and humanitarian organizations that provide aid and relief
throughout the world. The production fee for each G-Source will be around $50.
By selling the product for $150 we have the potential to earn a sizable profit.
Because the energy generated from the device is
completely self- sustained, the G-Source pays for itself within months of
switching from buying firewood or coal. The customers who have to spend
longer paying it off will have to pay full price while the ones who can pay us
back in under a month will get a discount of $50. The G-Source also provides
job opportunities in places by with a large customer basis. By teaching people
how to install G-Source we can pay them to install the G-Source in people’s
houses. To start our company, we are asking for $500,000 and we will give you a
royalty fee of 8%. Not only will this product make a large profit, it will also
positively impact people’s lives in multiple ways.

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