Apex Locating Services LLC | Application Preview
Apex Locating Services LLC is seeking government grants primarily for payroll and limited marketing efforts. The business is focused on the growing construction sector in Colorado, which remains robust despite economic challenges. They employ advanced technologies like electromagnetic and ground penetrating radar to offer subsurface utility data at SUE level B. This innovative approach significantly reduces the risk of infrastructure damage and enhances worker safety by identifying potential hazards before excavation begins.
The application emphasizes the slow adoption of new technology in the construction industry, positioning Apex's services as crucial for improving safety and efficiency. The owner, with a background in automotive engineering and previous experience at Ford, combines professional expertise with a community-oriented approach. This includes employing local individuals and promoting STEM skills to inspire further education.
In terms of competition, GPRS is noted as a nationwide player in the same field, but Apex highlights its local presence and the owner's Colorado roots as a key advantage, fostering strong community ties.
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General Information
Business Registration Number: 834383540
Location: colorado springs, CO, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
This funding will go to payroll and a small amount of general marketing.
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Business Plan
Construction continues to grow in Colorado despite the economic downturn, and projections show no signs of slowing down for the foreseeable future. We use electromagnetic and ground penetrating radar as geophysical instruments to provide data up to SUE level B. Reducing risk of infrastructure damage and protecting workers from digging into sub surface hazards. the construction industry is one of the slowest to adopt to new technology. with this combination of equipment a process is formed and upwards of 90% of job site hazards can be identified prior to any excavating takes places. My background is in the automotive engineering industry, formerly employed with ford. I have been able to combine my work experience, education, and my blue collar upbringing into this company. By doing this, I am able to employ members of our community and teach the stem based skills to encourage further education.
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Self Identified Competition
GPRS - Nationwide company based out of Ohio, started 20 years ago. Local Busines Owner is Native to Colorado
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Contact Applicant
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