Photo - iBonus COVID19 Digital Prevention System, endorsed by WHO
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iBonus COVID19 Digital Prevention System, endorsed by WHO

Our system prevents COVID19 spreading in public places

China
Market: Internet and IT
Stage of the project: Operating business

Date of last change: 30.06.2020
Min investment
$  1.000.000
Show contacts
Total required
$ 3.000.000
Rating
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Also this project:
- sells business

Idea

Installing our system terminals in public places will prevent the second level spreading of asymptomatics without locking down the economic activities.

Current Status

15/April: Proposal submitted under review by the Ministry of Health in Ireland
18/April: Oman under MOH review
22/April: Bahrain under MOH review
22/April: Spain under WHO and MOHapproval
22/April: France under WHO and MOHapproval
25/April: Kuwait under MOH review
27/April: Saudi Arabia under MOH review
06/May: Conference call Michelle Garner MP of Canada
06/May On-going discussion with Xavier JOSEPH of Ministry
of Manpower in Singapore
10/May: 11 units demonstration for Rwanda government
15/May: Pilot at Palawan, Philippines (delayed due to lockdown)
15/May: Trial run at Sri-Lanka Navy and Sampath Bank at
Sri-Lanka (delayed due to lockdown)
20/May: demo for U.A.E
20/May: Demo at Ministry of Health of Kenya
25/May: Demo and agreement for Malawai
28/May: Demo for Ministry of Health of Uganda for approval
12/June Warwick hotel agrees to install 50 terminals Hong Kong
15/June: Installed and Public launch at STM government school Hong Kong
24/June: Public trial launch at Hong Kong Science Park Hong Kong

Market

There are 2 levels of target markets globally:
- Governments
- Workplaces/Schools

Problem or Opportunity

Opportunities:

There are 2 levels of target markets globally:
- Governments
- Workplaces/Schools

Problem:
- Lack of sales channels and business network to address these opportunities.

Solution (product or service)

1. Look for investment to boost sales and marketing globally
2. Partner with large corporations with solid sales network from corporate to government globally such as IBM, Salesforces, Verifone, SAP, or big audit firms.

Competitors

Contact Tracing App fr om Google and Apple

Pros
====
- Easy to implement
- No cost

Cons
===
- No location factor
- No data to measure the impact of the tracing app on Covid19
- The privacy issue affects the public participation rate
- It requires smartphones and the Internet which have a big lim it in developing countries.

Advantages or differentiators

- Endorsed by WHO and UNWTO
- can use smartphones as well as anonymous public transit cards or any smart cards to avoid privacy issues as well as to improve the public participation rate.
- It is an off-line system and no need for stable Internet which is suitable for developing countries.
- The off-line system can easily handle large user population and peak hour traffic without the need for expensive data centers.

Finance

Revenue
- sales of terminals (gross profit of 50%)
- sales of server software
- recurrent yearly maintenance (20% of the sales amount)

Business model

Through globally reseller channel
Through sales partnerships with large global corporations such as IBM, Salesforces, Verifone, SAP, or big audit firms.

Money will be spent on

need money to invest in developing the sales channel and in the advertisement

Offer for investor

USD 3,000,000 to buy the complete ownership of the business, product, and intellectual properties

USD 1,000,000 for a 20% stake of the business.

Team or Management

Keith Lau
Owner

Risks

introduction of new vaccines for COVID19 in a very short period of time
new competition

Incubation/Acceleration programs accomplishment

no, but is planning to

Won the competition and other awards

The 9 winners from the global competition organized by WHO and UNWTO.

We are the only winner in digital prevention for COVID19.

https://www.unwto.org/healing-solutions-tourism-challenge

Photos

Photo 1 - Our system prevents COVID19 spreading in public places

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video