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

Century Steel Fabricators, LLC (“CSF”) is a newly formed Las Vegas company that serves as a fabrication shop and primary materials supplier for NCR Inc. and NCR LLC (together “NCR”),

NMTC financing was used to support the development of a new multi-disciplinary surgery and health center in rural Nevada.
East Las Vegas Library Financed at Site of Old Housing Project
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