In the dynamic world of industrial engineering, five visionary students from Aalborg University’s Applied Industrial Engineering program have embarked on a transformative journey. Combining their academic prowess with a profound commitment to social impact, they have developed an innovative, low-cost prosthetic arm as part of their semester project. This invention, named “ROXARM,” is set to revolutionize the prosthetics market by providing an affordable alternative to those in need.
The team aimed to address a significant issue: the prohibitive cost of prosthetic limbs, which often puts them out of reach for many individuals. Their collaborative effort resulted in ROXARM, a prosthetic arm designed to be both functional and affordable. Utilizing advanced materials and cutting-edge technology, they succeeded in creating a prototype that meets high standards of performance while significantly reducing production costs.
They decided to participate in the DIN-ECO hackathon to get some feedback from industry and academic experts. They won the Spring-School and were therefore invited to participate in the DIN-ECO Spring-School, an esteemed program designed to foster entrepreneurial skills among budding innovators.
The DIN-ECO Spring-School provided the students with an intensive learning experience focused on business model development and the art of pitching ideas to investors and potential customers. Over the course of the workshop, the team engaged in comprehensive sessions on market analysis, financial planning, and product positioning.
They learned how to identify target markets, understand customer needs, and develop a sustainable business model. Additionally, they practiced pitching their idea, receiving constructive feedback that helped refine their presentation skills.
In conclusion, the journey of team from Aalborg University exemplifies the remarkable potential of student-led innovation. Their development of the low-cost prosthetic arm, ROXARM, and their subsequent entrepreneurial efforts highlight the importance of combining technical expertise with business acumen. As they continue to pursue their vision, they stand as inspiring examples of how innovation can drive positive change in the world.
