9th NU 12: New Business Idea by JC de Galicia

Hi Prof Jorge,

Attached is my 9th NU 12: New Business Idea

Thanks,

__________________________

    9th NU 12

                                               "New Business Idea"

Smart Textile

(the next generation of textile products)

Smart textiles are wearable technology    that is integrated into a garment as controlled by an integrated panel or button. The technology device is so small that it can be worn on the body.

Wikipedia Definition: E-textiles, also known as electronic textiles or smart textiles, are fabrics that enable digital components (including small computers), and electronics to be embedded in them. Many intelligent clothing, smart clothing, wearable technology, and wearable computing projects involve the use of e-textiles.

Electronic textiles are distinct from wearable computing because emphasis is placed on the seamless integration of textiles with electronic elements like microcontrollers, sensors, and actuators. Furthermore, e-textiles need not be wearable. For instance, e-textiles are also found in interior design.

Why it would prosper in the Philippines?

-        Optimized moisture management

-        Better heat flow control

-        Improved thermal insulation

-        Breathability

-        High performance hazard protection

-        Environmental friendly

-        Increased abrasion resistance

-        Health control and healing aid

-        Body control easy care

-        High aesthetic appeal

-        High/low visibility

Applications:

Personal Protective Equipment & Safety

›      Fire fighters jacket; Fishing industry

Work wear

›      Military clothing

Healthcare

›      Smart garments for non-obstructive  and non-invasive

›      Health status monitoring

A good way to have this running is to look for individuals who have fashion and technology as their hobby, they are potential partners, as important as the target market and positioning to be generated and modified. Raising the capital either from savings, a loan from family or friends, or bank could help but I feel it is more practical to have business partner/s. Hiring employees to help in running the business is a factor to consider. These are the people who will realize, strengthen or make the business grow.