New Markets Tax Credit Coalition

  • Sparks,
  • NV
  • (2020)

Nevada Nanotech Systems

District: Mark Amodei (R-NV02)

Working capital for a manufacturer of MEMs sensors to continue product commercialization and development and to add jobs.

Investment

  • NMTC Amount: $58,824
  • Total Project Cost: $2,025,000

IMPACT

  • 27 FTE jobs

CDEs

Investor

Project Description

Nevada Nanotech is a manufacturer of MEMs sensors. The project provided the Company with working capital to continue product commercialization and development. This is the first of three Advantage Capital investments. The CDE made 2 additional investments in 2021 totaling about $5M.

MAP

Address: 1395 Greg Street Suite 102, Sparks, NV 89431

Census Tract: 32031003111

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