Advanced Inclusive Technology Inc (ADVIN) is a Canada Based Technology solution company. Our Mission is to turning multifaceted remote healthcare challenges into humble solutions to overcome diseases and transform lives.
ADVIN is a MARS ( MARS is one of the world largest urban innovation hub in Canada) selected venture. This is an important step in implementing our innovative technology & creating a social impact not only because of the impressive support MaRS offers but because of the recognition & acceptance to a global community of only the most promising talent. ADVIN has also been chosen to take part of the SVX Program at the MaRS Centre for Impact Investing. SVX is a program for companies that create a social or environmental benefit as an integral part of what they do. Our commercialization strategy is global in vision & Our sole aim is to commercialization of its Off grid (Solar powered) digital health technology to address the urgent need for better rural healthcare.
We are bringing Advanced Artificial Intelligence embedded solar energy powered Remote Healthcare device for the Emerging market to empower the community Healthcare workers which eventually saves time and cost for the last mile people and ensure better healthcare.
The ADVIN Off-grid Health Care system is a connected, portable and intelligent health care system embedded with artificial intelligence that allows patients or individual to monitor vital signs, screen major non-communicable diseases and communicate with physicians anywhere and anytime through integrated biosensors thus making healthcare more convenient, affordable, and accessible.
The Impact of the venture where World Vision could help us to scale our mission.
Our Innovation will provide access to energy in the rural healthcare centre so that a healthcare workers could inform early detection of diseases which saves lives, provide affordable low-cost healthcare to rural patient at door steps which saves time and money, confirm access to doctors which will remove doctor patient gap, access to right medicine which avoid drug related health complicacies, keep and monitor health data for future health monitoring, create new employment and create opportunity for sustainable income for rural women, finally establish a better healthy community which will improve the rural productivity and ensure a better economy.
The public exposure that will come out from World vision will be very helpful because it will allow us to gain more traction through increased recognition. This will be instrumental in allowing us to move forward with the implementation of our innovation since it is an innovation that can be used globally. This will be the most significant benefit from the World vision exposure because it bring attention to people from many different places around the world. We will show the impact that was made by the support from the World vision. For example: Our intelligent Impact Dashboard will create report in various parameter and track the outcome. Additionally, it will allow us to promote off grid health technology for low income rural people, effectively bringing awareness to vulnerable people and their needs. We also hope that this will stimulate further interest in addressing the needs of rural people, who we believe, require more attention and assistance since they live in conditions of high poverty and are isolated from services the urban poor can access.
Strengths & Weaknesses
In Bangladesh there are about 87 thousand villages, thus, there is a big market and potential for the solution ADVIN has created. Moreover, there are more than 100,000 Rural healthcare workers in Bangladesh with physical infrastructure in those 87000 villages and they do not have technology to serve local people. We have a tragt to reach 10,000 systems in next 3 years with the partnership with Micro finance organization. We estimated each of our system will be utilized to serve minimum 220-250 patients in a month based on current practices like people travel to urban areas to see a licensed doctor and monitoring health. We will capitalize the existing rural healthcare workers centre facility with its technology to provide the digital healthcare services. Each of the system is enough to power the rural health centre upto 16 hours. We are assuming 3 days would be power autonomy to turn on our system.
The technology is highly portable, affordable and cost efficient. The technology would be franchised and leased (leased to own) to the rural healthcare workers where they can pay monthly installment for the system and the installment income will be coming from the system utilization and selling services to the local patients. Based on our pilot project experience the system cost would be paid off within 10 to 12 months. In our 6 pilot healthcare centres experience, a rural healthcare worker daily sells healthcare monitoring services to 5 patients and 2 doctor’s consultation which confirm US$ 180-US$ 210 monthly revenue and gross monthly profit is US$ 100- US$120 per centres/ month. We already secured 3national Non Govt. organizations where each of the partners confirmed to install, manage and monitor 200 units in their regional areas. Each of the districts will be fully covered by 20-25 centres.
Most Significant Challenge
The project is capital intensive and highly impactful. Being a stat-up we have limited financial position but in the same time we have achieved many tractions like we are finalist SVX Canada (top 6), finalist NEXTAI (Canada) and Semi finalist GSBI (Miller Center for Social Entrepreneurship, USA). We also have track record to develop and manage sustainable large impact venture in developing countries. Our innovation is also highly impactful in many ways. Firstly, it confirms off grid new health technology to offer modern health care in remote areas in developing countries. Moreover, it is a solution that addresses a global issue. The impact it could have is not limited to a particular country or area but is a solution that can be incorporated in many places around the world to address the issue of access to energy and primary healthcare. It also combines the discipline of health care and information technology and renewable energy technology. Both solar and new technology adaptation require adequate fund to establish. We find upfront investment is the key barrier for the adaptation of the solution.