[John Zib] has partnered with the nonprofit Progreso Latino and the R.I. Small Business Development Center to provide digital signage to Latino business owners at a discounted price of less than $500 so that they can promote themselves – as long as they also advertise services provided by Progreso Latino and the SBDC...

...Zib is testing the Northeast regional market with seed money from local investors, but he said he is still looking for additional funding to close the seed round.

He has been actively speaking with angel investors in addition to representatives from the R.I. Economic Development Corporation, the SBDC, the Providence Geeks and the Brown Forum for Enterprise...

...Zib’s goal is to get 50,000 digital signs into the mass market in five years. He hopes to establish Mëmo headquarters in Rhode Island and hire between 10 and 15 people.