Eau Claire And Madison, Wisconsin, Firms Awarded State Technology Business Development Investment Loans
09/25/2013
According to the Wisconsin Economic Development Corporation, Coating Tech Slot Dies, a firm that manufactures customized high-precision slot die coating systems, is eligible for a $160,000 loan. The company will also operate as an incubator site for start-up companies that need to produce products, but cannot wait for the manufacturing cycle of an original equipment manufacturer.
In addition Kayo Technology, a technology development company that focuses on creating innovative hardware and software to improve the efficiency and efficacy of Physical and Occupational therapy, is eligible for a $250,000 loan.
Kayo is developing a patented rehabilitative hardware device, called the kiio, which accurately measures applied force and timing during assessment and therapeutic exercises. The kiio is a portable handheld computer that wirelessly transmits real-time readings to the kiio FLEX PC software for objective assessment and analysis. WEDC said the company will employ software development and verification personnel to continue efforts leading to initial customer pilot release of their integrated system.
The Technology Business Development Investment Loan was created to facilitate research and development and commercialization of innovative technology products. The loan program is an important tool to help new companies get their innovative ideas successfully off the ground, state officials said.
Project Announcements
Alltech Expands Jessamine County, Kentucky, Manufacturing Operations
07/30/2025
Liatris Expands Rockville, Maryland, Manufacturing Operations
07/30/2025
China-Based Eco King Solutions Plans Robbinsville, North Carolina, Production Operations
07/30/2025
Hood Container Upgrades West Feliciana Parish, Louisiana, Operations
07/29/2025
MR6 Tech Services Plans Huguley, Alabama, Manufacturing Operations
07/29/2025
Adient Plans Normal, Illinois, Production Operations
07/29/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
In Focus: AI Is Changing Incentives Math
Q2 2025
-
Optimizing Your Rail-Served Transportation Network: Strategy Before Steel
Q2 2025
-
How to Choose the Right Site for Your Factory in 2025’s Volatile Landscape
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
Tariffs, Talent, and U.S. Expansion
Q3 2025
-
First Person: David Robey, Co-CEO of QTS Data Centers
Q2 2025