Faculty Advisor

Mahmoud, Yousef Abdelaziz

Faculty Advisor

Sarkis, Joseph

Abstract

The goal of the project was to create a set of commercialization strategies for starting a profitable business within the solar industry in the US. The business is based on Professor Yousef’s Maximum Power Point Tracking technique. The project involved understanding and explaining the relevant solar technology and building a business plan around the innovation. A SWOT analysis, Porter’s Five Forces, and general industry research were conducted in order to assess the business opportunity. The Business Model Canvas was used to help communicate recommendations for commercialization. Additionally, with the absence of past historical sales data, the business plan contains Sales Forecast estimates to roughly predict the business profitability in the first year of its operation.

Publisher

Worcester Polytechnic Institute

Date Accepted

April 2018

Major

Management Engineering

Project Type

Major Qualifying Project

Accessibility

Unrestricted

Advisor Department

Electrical and Computer Engineering

Advisor Department

Business

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