14 Apr Stem cell company receives state funding
MADISON A Wisconsin-based company focused on stem cell cytogenetics and characterization has secured special state loan and earns highly sought after certification in state’s angel investor tax credit program
Cell Line Genetics, LLC, has secured a $250,000 loan through Wisconsin’s Technology Venture Fund program. Additionally, Cell Line Genetics, LLC has been certified by the Wisconsin Department of Commerce as a Qualified New Business Venture Program, making Cell Line eligible for investor tax credits under Wisconsin’s Angel Investor and Venture Fund Tax Credit Program.
“The loan and certification is going to assist our efforts to accelerate product development,” says Cell Line Genetics Co-founder and Chief Science Officer Dr. Lorraine Meisner. “Our technology will allow us to continue helping our customers improve their research processes in this fast-moving field”
Cell Line Genetics, LLC, is an independent company providing cell line cytogenetics and characterization services to stem cell and cancer researchers across the country. The company’s processes and experience in working with stem cell and cancer cell lines enables their customers to ensure the integrity of their cell lines and to meet aggressive project deadlines, thereby saving time and reducing cost, according to the company . Learn more about Cell Line Genetics at www.clgenetics.com