Congratulations CardioMag, Evident
The Business Review (Albany)
It is noteworthy that two out of three companies approved to receive $1.9 million in equity investments from the Small Business Technology Investment Fund are from the Capital Region.
Special congratulations to Evident Technologies Inc. of Albany and CardioMag Imaging of Schenectady.
Evident was approved for a $400,000 equity investment. The company develops and manufactures nano particle-based devices for manufacturers with biotech and telecommunications applications.
CardioMag Imaging, a medical diagnostic instrument developer, was approved to receive a $500,000 equity investment. It develops magnetocardiograph machines.
The Capital Region was well represented with Troy software maker Go2Pay.com, Flow Management Technologies Inc. of Saratoga Springs and Starfire Systems of Watervliet also receiving investments.
The fund was created to provide start-up high-tech companies with venture capital to promote job creation and economic growth.
Latest News |
Most Viewed Stories |
Most Emailed Stories |
