The patented technologies of this family-owned, global food processing equipment manufacturer had clear medical applications. The company needed financial assistance to allow expansion into the medical device industry.
Silverlode identified and applied for an Ohio Third Frontier grant to enable the client to commercialize their product in the medical arena. The client was awarded this highly competitive $1 million grant and received one of the top scores among applicants. Silverlode then helped the client with the draw down, reporting, and compliance elements of the incentive. Silverlode also attained an Ohio Job Creation Tax Credit for the client.
Silverlode continues to identify and procure research and development grants for the client.