Nevada Nanotech Systems

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

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

Other Nevada Projects

Power Gen Components is a precision machine fastener manufacturer. The project provided the Company with working capital to help maintain its workforce and benefits during the initial onset of COVID

Riot Edge Solutions Inc. (“Riot”) develops and deploys wireless IOT Edge Devices for large scale specialty applications such as tank level monitoring of chemical sin oil and gas fields. Riot

NMTC financing was used to construct and equip a commercial car wash facility in rural Nevada.

The Neato Company, LLC (“Neato”) simplifies selling on digital marketplaces with a complete outsourced ecommerce solution which allows brands to focus on their continued development and production of great products.