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Market Strategy
We plan to use NVC (New Venture Competition) and Beall competition as our business incubator events to draw attention from investors; therefore, we can gather our first round of fundings. After that, we use our partnership with CHOC Hospital to test the feasibility and get feedback on bottle-syringe. Once CHOC adopts the bottle-syringe, other hospitals will follow suit.
Our targeted markets in the future are neonatal care device market (market size $426.1 million) and enteral feeding market (market size $3.19 billion).