Cambridge Judge Business School alumna closes in on Government contract after $100k Dubai success
A vaccine cooling system with its roots in Cambridge UK has won grant funding in a Middle East initiative and is said to be closing in on a government contract.
Ideabatic, whose founder and CEO Kitty Liao is an alumna of the Postgraduate Diploma in Entrepreneurship (PGDE) programme at Cambridge Judge Business School, won a grant of up to $100,000 from Expo Live in Dubai to help commercialise its vaccine cooling system.
The PGDE programme is part of the Cambridge Judge Launchpad at the Business School’s Entrepreneurship Centre.
The Expo Live programme of Expo 2020 Dubai backs projects that “offer creative solutions to pressing challenges that impact people’s lives, or help preserve the world – or both.”
The initiative’s Innovation Impact Grant Programme awards grants of up to $100,000 per initiative, available incrementally based on progress.
The Ideabatic system is designed to help prevent vaccines being spoiled in harsh environments, addressing a critical problem faced by health agencies in transporting vaccines to remote or hot locations. The venture’s ‘smart box’ allows vaccines to keep for a week.
Kitty Liao said: “Currently, vaccines are mostly transported inside a simple ice box. But sometimes ice packs freeze and damage vaccines, while every time you open the box to take out a vial, warm air floods in, exposing vaccines to damaging heat. This leads to between 20 and 50 per cent of vaccines being spoiled during their journey.”
Dr Chris Coleridge, Senior Faculty in Management Practice and Director of the Cambridge Judge Launchpad, said: “We can see the impact Ideabatic’s technology can have on children’s health across the developing world and are proud of the role the Launchpad has played in helping Kitty advance her thinking on commercialising her work. We are looking forward to news of a first customer contract with a government imminently.”