Milwaukee high-tech company receives $200,000 state technology development loan

MADISON, WI. March 14, 2017 – Scanalytics Inc., a Milwaukee company that has developed proprietary technology to measure real-time customer behavior through intelligent floor sensors, has received a $200,000 loan from the Wisconsin Economic Development Corporation (WEDC).

The Technology Development Loan will be used to help the innovative company continue its growth by supporting its existing sales pipeline and to accelerate the adoption of its platform by focusing on the commercial, retail and hospitality industries...

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Ken Notes: Before interest climbs out of sight, WEDC should enter into a public private lending program with banks to stimulate new business. There are some risks here but careful due diligence should help...



- - Volume: 5 - WEEK: 11 Date: 3/16/2017 6:23:18 AM -