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8.0. EDSR 04-14-2003
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8.0. EDSR 04-14-2003
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City Government
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EDSR
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4/14/2003
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• <br /> •1 1 <br /> KnowledGenetica Update <br /> r ~� <br /> Elk River, MN <br /> April 14,2003 <br /> Progress is steady <br /> • We completed round 1 Cony. Bridge <br /> . • We are managing cash carefully <br /> • Product development is progressing <br /> •We are approaching new customers <br /> •We are adding staff and advisors <br /> w- We are getting the word out <br /> Apnl 14,2003 Elk Rlver,Minnesota 2 <br /> Financing is Proceeding <br /> April, 1999 to April, 2002 <br /> Self-funded—Revenues of$250K/Year <br /> April 2002 to Present <br /> Cony.Bridge Loan Term 1 —Raised$250K <br /> •Private investors&community development funds <br /> Moving Forward <br /> Cony.Bridge Loan Term 2—Seeking$250K <br /> SBIR/STTR Research work+SBA Loan CO} <br /> April 14,2003 Elk River,Minnesota 3 <br /> i <br /> 1 <br />
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