VANTAGEPOINTPLUS INC | Application Preview
VantagePointPlus Inc. is applying for government grants to develop and implement innovative virtual reality (VR) technology focused on aviation maintenance technician training. The company aims to modernize training methods and address a significant global skills gap, as the aviation industry will need 739,000 new maintenance technicians over the next two decades, according to Boeing's outlook.
The funding will support the creation of a VR training program that offers a cost-effective, safe, and efficient alternative to traditional training methods, promising long-term savings and enhanced technician competency for airlines and maintenance providers. Investing in VantagePointPlus is seen as an opportunity to support a transformative approach to aviation training that aligns with future educational advancements and offers substantial financial returns.
Currently, there are no direct competitors in this space, providing VantagePointPlus with a unique opportunity to make a significant impact. The company's strength lies in its team of former aviation executives with over twenty years of experience and established relationships within the industry, which could facilitate initial sales and partnerships for the new VR product.
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General Information
Business Registration Number: 92-2662876
Location: Saint Petersburg, FL, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
VantagePoint+ is a forward-thinking firm specializing in business solutions, including advanced analytics and brand strategy. The firm is now venturing into creating a virtual reality (VR) technology for the aviation maintenance technician training industry. We are seeking funding to develop and implement VR technology to modernize training, address the global skills gap in aviation maintenance, and meet the growing demand for qualified technicians.
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Business Plan
There is a significant global skills gap in aviation maintenance. According to Boeing's 2020-2039 Pilot and Technician Outlook, the industry requires 739,000 new maintenance technicians over the next 20 years. This presents a substantial opportunity for innovative training solutions that Vantagepoint+ is able to provide to this industry. Innovative hands-on VR training represents a cost-effective, safe, and highly efficient method for aviation maintenance training, offering significant long-term benefits to airlines and maintenance companies. The initial investment in VR technology is offset by substantial ongoing savings in training costs, enhanced safety, and improved technician competency. Investing in VantagePoint+ is not just funding a project; it's contributing to a significant change in how the aviation industry addresses its growing need for skilled maintenance technicians. This investment aligns with the future of technological advancement in education and offers substantial financial returns.
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Self Identified Competition
There are no current competitors in this space which is why we believe we have an incredible opportunity and impact to make. Our business is different because it is comprised of prior Aviation Executives from Marketing, Strategy and Business Development that created this company for this exact reason. We have over two decades of experience in the industry, major aviation/airline contacts at the executive levels and we already have interested potential buyers for the introductory offering of this product.
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Contact Applicant
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