Home: Message List - Looking for Angel funding/ projects for blind pedestrians

Re: Looking for Angel funding/ projects for blind pedestrians

Dreammaker — Tue, 09 Sep 2008 21:18:48 GMT

Most angels want to see a minimum of 25M in projections (5yrs). You need to adjust your BP to reflect those #'s. Dreammaker

Re: Looking for Angel funding/ projects for blind pedestrians

Fortis — Wed, 03 Sep 2008 16:08:11 GMT

Hello gb2008,

Hope all is well. This sounds like a great project! Have you thought about talking to someone about an SBA?

Looking for Angel funding/ projects for blind pedestrians

gb2008 — Wed, 03 Sep 2008 15:35:03 GMT

Location: Hazel Park, Mi.

Project 1-

Need Start Up
Safety for the blind pedestrians and Hybrid Vehicles

What is PASS? PASS (Proximity Alarm Safety System) is intended to enhance the safety of blind pedestrians. The increasing use of silent electric and hybrid vehicles poses a safety hazard to blind pedestrians at crosswalks. This hazard can be reduced by installing in the silent vehicles a sound-generating receiver that will be activated in the presence of a transmitter carried by the pedestrian. At present, we know of no other product which meets this need. Financing to manufacture, product, etc. Need approx. $500k to $2.5M-Payback 2-5 years.

Please let me know if anyone can assist