Algorithmic Intuition Inc.

Reno,
NV
(2022)

Algorithmic Intuition Inc.

Business Development, Loan Fund

Investment

NMTC Amount: $241,175
Total Project Cost: $2,500,000

IMPACT

18 FTE jobs
The project also retains a total of 14 existing jobs.

CDEs

Advantage Capital

Investor

Unknown

Project Description

Algorithmic Intuition is a start-up that provides technology solutions to assist with elderly patient monitoring. The solution is cost effective, hardware light, and non-invasive. This project provided Algorithmic Intuition with working capital needed to support the Company’s go-to-market strategy.

MAP

Address: 300 East Second Street, Reno, NV 89501

Other Nevada Projects

Power Gen Components (2022)

Las Vegas,
NV
(2022)

Manufacturing

CDE(s): Advantage Capital

Power Gen Components is a manufacturer of specialty nuts, bolts, and fasteners. The Company’s specialty products are used in the power generation and oil and gas production industries. This project

Expertise Cosmetology Institute

North Las Vegas,
NV
(2018)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Targeted Populations, Vocational Training, Youth and Families

CDE(s): Clearinghouse CDFI

Las Vegas training institute continues to grow thanks to ongoing support from Clearinghouse CDFI

Cristo Rey St. Viator College Preparatory

North Las Vegas,
NV
(2018)

Community, Daycare and Early Childhood, Private School, Recreation, Religious Organizations, Schools, Youth and Families, Youth Program

CDE(s): Citibank, Prestamos CDFI

Construction of a 98,000 sq. ft. educational campus, including two buildings: an academic and administrative building and an athletic and recreational building.

Vineburg Machine

Mound House,
NV
(2014)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Advantage Capital

New equipment purchases helped a machine shop retain its 36 current employees and create 10 additional jobs.