New Markets Tax Credit Coalition

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Algorithmic Intuition

Working capital to obtain 510K approval to bill Medicare/Medicaid and launch their marketing and sales team.

Investment

  • NMTC Amount: $2,710,000
  • Total Project Cost: $5,250,000

IMPACT

  • 15 FTE jobs

Investor

Project Description

Algorithmic Intuition is a start up that provides technology solutions to assist with elderly patient monitoring. The project provided the Company with working capital to obtain 510K approval to bill Medicare/Medicaid and launch their marketing and sales team.

MAP

Address: 200 South Virginia Street, Reno, NV 89501

Census Tract: 32031000106

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