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Home > News > $1.5 Million Tax Credit Keeps Nano Start Up In Michigan

January 23rd, 2004

$1.5 Million Tax Credit Keeps Nano Start Up In Michigan

Abstract:
A $1.5 million Single Business Tax Credit has helped nano technology start up Sensicore to remain in Michigan, rather than transferring its operations to New Jersey. The company, funded in 2000 by Ardesta, a company owned by nano technology pioneer Rick Snyder, now plans to invest $4.7 million in the project, which will create 156 new technology jobs.

Source:
Michigan Technology News

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