Integrated Genomics will receive $250,00 to relocate to Madison
Wisconsin Technology Network News, 06.04.09
Governor Jim Doyle announced that Integrated Genomics, Inc. will receive a total $250,000 from the Technology Venture Fund. They will be relocating their laboratory and commercial operations to Madison from Chicago. They estimate that up to 18 new positions will be created.
The Wisconsin Department of Commerce's Technology Venture Fund Loan program provides low-interest loans to assist small Wisconsin high-technology businesses in searching for angel or other seed capital investment. The $250,000 will be in the form of a $200,000 load and a $50,000 grant from the fund.