NMEDD's Job Training Incentive Program Awards Funds to Albuquerque Software Company to Help Offset the Cost of On-the-Job Training
In June, The New Mexico Economic Development Department assisted Lavu, Inc. through the Job Training Incentive Program (JTIP). The company sells Lavu iPad POS, proprietary point-of-sale software to restaurants to conduct their business on tablets, smartphones and other mobile devices.
Since launching in 2010, demand for Lavu iPad POS has continually seen impressive gains, growing to serve 3,500 clients in 85 countries. One of Lavu’s most impressive accomplishments to date, was the growth the company experienced after launching a free trial of their software. This effort lead to growth of 233 percent, 700 new clients, and the addition of 25 new employees.
Lavu has also received impressive publicity and exposure after being featured in Gordon Ramsay’s "Kitchen Nightmares" TV Show, annual participation in the National Restaurant Association trade show and Lavu Focus, an event that gathers hundreds of domestic and international resellers and sponsors. Lavu also recently participated in the filming of “Wake up Call with the Rock,” a similar show to Kitchen Nightmares.
The Job Training Incentive Program awarded Lavu, $38,366 to assist in the training of five new Software Developers and 3 new Support Representatives. In June, the Job Training Incentive Program awarded a total of $708,167 to seven companies around New Mexico, creating 99 jobs.
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