Medical device startup Precision Ocular Metrology is not only debuting a new product in the Albuquerque market, but is also keeping its headquarters here — a move that will create 10 new jobs in the coming months.
According to a statement from the New Mexico Economic Development Department, the company benefited from the New Mexico Angel Investment Tax Credit, which allows accredited investors that file a New Mexico tax return to take a tax credit up to $25,000 in exchange for investing in local companies whose focus is high-tech or manufacturing. Ten angel investors provided funding to the company as a result of the credit.
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