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11A Idea Napkin

1)  My name is Jenna Allen and I'm a Sophomore at UF. I'm a Biotechnology/Biology major with a minor in innovation. I currently work for the USDA as a laboratory technician. I don't have too much experience with entrepreneurship or business ideas because it is something that hasn't really interested me at times. If I were to create this business, I think it would be beneficial because I do want to pursue a career in the medical field.  2) I am offering customers a chance to try homeopathic medicinal remedies for minor health setbacks. Natural medicinal opportunities have been around for millenniums like essential oils however the food and drug administration has not capitalized on their health benefits due to the cost and quantitative biochemicals. 3) I would be offering this chance for those who would prefer a homeopathic intervention for small heath problems such as headaches, sleep deprivation, or congestion. This would also be useful for those who may have se...

Elevator Pitch

Elevator Pitch

9A Testing the Hypothesis Pt. 2

Testing the Hypothesis Pt. 2 Interview One: Who: Large pharmaceutical companies rely on hospitals, doctors, and consumers to spend money on FDA regulated products. What: Many of the medications that are mass produced end up not being used to completion. Because of this, medications are often discarded haphazardly without proper disposal methods. Due to improper disposal methods, medications can leech into the water supply and contaminate the water. Why: Almost everybody in the U.S knows how the FDA regulates new medications. They may trust the opinion of a large government corporation rather than a smaller, natural business. They may also believe that natural and homeopathic remedies like essential oils may not suffice. Interview Two: Who: Skeptical people who don't believe in homeopathic remedies. Individuals want to stick with what they know will work and won't try other remedies to help with certain issues. I relate to this one the most because I was skeptical ...

8A Solving the Problem

1) My opportunity was how n atural medicinal opportunities have been around for millenniums like essential oils however the food and drug administration has not capitalized on their health benefits due to the cost and quantitative biochemicals.  Essential oils have enhanced lives for thousands of years, offering a variety of benefits from cosmetic and dietary purposes  to spiritual and religious use. 2) I propose the introduction of pure essential oils into therapeutic and household arenas first to show how they could help around the house and for the body as well. Although I can't regulate the cost or the availability of these oils, I could help show people how they can help work in just a matter of hours. The usage of natural medicinal opportunities could lead to less risk factors involved in the use of mass produced over-the-counter and prescription medication. Chiropractic and therapist offices could use oils that help with muscle aches and...

7A Testing the Hypothesis Pt. 1

Opportunity: Natural medicinal opportunities have been around for millenniums like essential oils however the food and drug administration has not capitalized on their health benefits due to the cost and quantitative biochemicals.  Essential oils have enhanced lives for thousands of years, offering a variety of benefits from cosmetic and dietary purposes to spiritual and religious use. Who: Everybody that uses FDA controlled medications in a home or therapeutic environment.  What: The FDA won't regulate the use of natural and medicinal medical options in therapeutic or household environments. Why: The FDA believes there isn't a cost effective way of providing these treatments and doesn't recommend the use of therapeutic grade oils for medical or therapeutic care.  Testing the who: I believe that many people could use therapeutic grade oils to help with problems around a household and/or therapeutic experiences like chiropractic offices. There are many c...

Identifying Opportunities in Economic & Regulatory Trends

1) Financial Markets control Oil, Gas, and Food Resources I found this on a website called The Balance. This lead me to an article about the 6 top economic trends in the U.S.  I believe this information suggests an opportunity because it could lead to true economic initiatives to help our financial market instead of dragging it down even more.  Government whether state, local, or federal should all be interested in this problem. Supply and demand have become less important with these resources and instead, commodities traders set all the prices. The speed of transactions also increase the economic volatility.  This would be relatively difficult to exploit because many people are greedy and want money. Big oil is an already corrupt institution and by implementing more strict regulations concerning these items, it could allow for supply and demand to become more important in our economy.  I was able to see this opportunity because I don't suppor...

Identifying Local Opportunities

Identifying Local Opportunities 1) Rusty patched bumblebee becomes first endangered bee Rusty patched bumblebee The endangered species list has a new addition, the rusty patched bumblebee. 30% of food is dependent on the ability of bees to pollinate crops and due to a 44% decline of the bee population, this could become a serious problem. It's important to identify exactly what is causing the decline in population and apply this knowledge to other species of bees.  The bee population is steadily decreasing which could affect the crop production in the United States.  The problem applies to everyone that eats food. Without bees, there would be little to no pollination occurring, causing crops to become non-existent. Without fixing this problem, dozens to hundreds of species of bees can die.  2) Florida's fentanyl problem hits home after Gainesville man overdoses.  Fentanyl problem An 18-year old Gainesville man almost died after overdosing o...