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2 Replies Last post: Sep 9, 2008 5:18 PM by Dreammaker

Looking for Angel funding/ projects for blind pedestrians

Sep 3, 2008 11:35 AM

gb2008 2 posts since
Sep 3, 2008

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

Tags: start-up, capital, investor Report as inappropriate

Fortis 239 posts since
Jul 24, 2008

1. Re: Looking for Angel funding/ projects for blind pedestrians Sep 3, 2008 12:08 PM

Hello gb2008,

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

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Dreammaker 37 posts since
Aug 28, 2008

2. Re: Looking for Angel funding/ projects for blind pedestrians Sep 9, 2008 5:18 PM

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

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This Question is Possibly Answered

Looking for Angel funding/ projects for blind pedestrians

Sep 3, 2008 11:35 AM

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