The ARRA funds spurring a lot of ideas. I guess that’s the nature of stimulus funding. Some of those projects were funded; many weren’t. I’ve often wondered what has happened to the good ideas that didn’t get funding. Well thanks to Jeff Pesek at Tech.MN, I got a glimpse of at least one project today.
Jeff reports on A-Vu Media…
A recent SEC notification indicates that Winona-based A-Vu Media has raised $214k in equity financing over the past few months.
A-Vu’s specifics aren’t very clear, but note on the website explains the conceptual goal as one of reducing Internet and communication complexities for senior citizens and persons of special needs.
I remembered the name from old lists of Minnesota ARRA applications. Their round two application describes their project:
A highly simplified user interface facilitates preprogrammed direct access to multiple services delivered through an integrated digital “TV/PC”. All services are remotely programmed and controlled by a 24/7 customer service operator on a secure network. This network creates new high value connections for the users and all those providing healthcare and other broadband based services.
It’s great to see a project move forward.