Difference between revisions of "20.109(F07): Genome engineering assessment"

Revision as of 10:40, 13 July 2007

Portfolio components

General notes:

1. email these as .doc
2. email them to nkuldell, endy, nlerner and astachow AT MIT DOT EDU
3. use the following format to name your files: yourfirstname_yourlastname_Mod1_Pt1.doc, so you'll send four files: Bill_Gates_Mod1_Pt1.doc, Bill_Gates_Mod1_Pt2.doc, etc....

Part 1: Rebuttal to editorial

This will be written as a homework assignment, exchanged with your lab partner for peer review, then submitted to the teaching faculty as part of your portfolio

Part 2: M13.1 redesign description and parts

Part 3: Data summary for p3-modifications you performed in lab

You'll find guidelines for writing here. Additionally, many of the "for next time" assignments can get you started on this part of the portfolio. Including but not limited to:

• Oligonucleotide design, sequence consequences for phage when inserted and sequence data
• Ligation results (table)
• Agarose gel examining candidate clones (figure)
• Western results (figure)
• Plaque assay (figure)
• Short paragraph for each table and figure describing and interpreting what's shown
• One or two sentence summary of your experimental results
• One or two sentence proposal for what you'd do next if we had one more month to spend on this project

Part 4: Mini-business plan for the Registry of Standard Biological Parts

Put yourself 5 years in the future and imagine that the Registry is floundering. Though the number of useful parts has grown through the hard work and dedication of its volunteer workforce in the iGEM program, there is a notable lack of standards:

• around the parts themselves (some work always, some in rare conditions, some not at all)
• around the assembly process (alternative biobricks and registries have gained popularity)
• and around documentation for the parts (some have great spec sheets and some have nothing).

Decide that you will direct the Registry into a manufacturing, service, high tech, or retail business and then devise a plan to grow and stabilize that business.

In no more than three pages provide a business plan that includes:
1. An Executive Summary In 250 words or fewer, explain:

• • what is your product
  • who are your customers
  • what the future holds for the registry in particular and synthetic biololgy more generally.
  • what you see as the key to success
• This summary should sound enthusiastic, professional and be more readable than most "mission statements."
• consider writing this section after you've written the rest of the plan.
  

2. Summary of the current Registry

• describe what the Registry is, including products, services, customers, ownership, history, location, facilities.
• include strengths and core competencies of the Registry.
• segue into the next section by mentioning the significant challenges faced in the near and long term.
• this section should be no longer than 2 paragraphs.

3. Market analysis Dedicate one paragraph to a description of the market. You might consider including information like:

• who makes up your market?
• what is it's size now? how fast is it growing? how do you know?
• what percentage of the market do you expect the Registry to have now and 5 years from now?
• how could changes in technology, government, and the economy affect your business?
  

4. Business plan Specify your strategy for continued growth of the Registry. The emphasis of this section will differ depending on the kind of business model you have chosen (retail, manufacturing, service or high tech).
Here are some questions you might consider as you formulate your business plan:

• how will you promote the use of the Registry?
• how will you advertise?
• how will you price your product/services.
• where will you locate the Registry (or BioBrick franchises) and how you will distribute parts/services?
• how you will keep the Registry competitive?
• how/if you will protect intellectual property while also promoting sharing and community?
• does your plan emphasize increased production, diversification, or eventual sale of franchises?
• how long will your strategy take to be partially or fully realized?
• are there start-up costs associated with your business model? how much and where will the capital come from?
• will your registry require insurance coverage or litigation insurance?
• are there trademarks, copyrights, or patents (pending, existing, or purchased) considerations?
• how many and what kind (skilled, unskilled, and professional) of employees to you anticipate?
• where will you recruit employees?
• will top notch employees advance? to what?
• how will you training employees?
• what kind of inventory will you keep: raw materials, supplies, finished goods?
• will there be seasonal fluctuations to demand for parts?
• will you need lead-time for ordering?
• do you expect shortages or delivery problems?
• are supply costs steady? reliable?
• will you sell parts on credit?
• how will you set prices?
• what kind of guarantees and privacy protects will you offer?

This section has no defined length or format but should end on an enthusiastic note that might lead some venture capital firm or a funding agency to stay interested.