![]() ![]() Preliminary feedback of the device has been encouraging. “This initial investment may become a precursor to our Seed Fund, where a larger round of early stage funding is available,” Doss said.īrancaccio’s objective from the start was to help the millions of daydreaming children who struggle to stay on-task at home or school. With additional funds from The Launch Place, FokusLabs will step-up their research and development program by assessing the effectiveness of their device in real-world environments and utilizing the data to further refine the device before product launch, which is slated for Fall of 2015. “The Pre-Seed Investment program is intended to help companies, like FokusLabs, expedite the early stages of their startup development process, specifically in product and market validation and business model refinement,” she said. Now that he has developed the band and produced a small batch of product, the next step is testing the device in the market. ![]() This required learning about electronics and creating a basic prototype. He saw a problem and decided to find a solution by inventing this device.” said The Launch Place President & CEO Eva Doss. “The Launch Place is focused on helping entrepreneurs like Rich. Our hope is that RE-vibeTM may empower many of these children to be more self-sufficient, independent learners.” said Rich Brancaccio, FokusLabs Founder. Our pre-programmed wristband sends vibrating reminder signals, much like a tap on the shoulder. As such, it is not uncommon for these children who regularly daydream and are off-task to fall behind academically. “I see a lot of students spend a significant portion of their day engaged in off-task behaviors. Considering all the advances in wearable technology, Rich Brancaccio, a school psychologist working with children with ADHD and on the autism spectrum, was both puzzled and frustrated by the absence of a practical device to provide that helping “tap on the shoulder” that so many children tend to need. It’s currently estimated that more than 1 in 10 children ages 4-17 struggle to stay on-task while learning and completing school work. RE-vibeTM is a vibration reminder band designed by a school psychologist to get wandering minds back on-task. The Launch Place announced today that it is investing $25,000 in FokusLabs, to fund research and development of RE-vibe, FokusLab’s anti-distraction vibrating wristband. ![]()
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