Financial Services Industry
Industry: Email Alert RSS FeedThe Role 1 CU's Biz Services Played In Helping An Inventor Get Started
Credit Union Journal, The, November, 2007 by Joyce Moed, Reporter
Five years after receiving a micro-business loan from Opportunities Credit Union in 2002 to work on his new invention, Mark Harvie's company has been awarded more than $3 million in contracts from the Department of Defense.
Harvie's company-Omni Measurement Systems-will soon be purchasing a building in Milton's Catamount Industrial Park and preparing the invention for production. Financing will come from the Chittenden Bank, the Vermont Economic Development Authority (VEDA) and Opportunities Credit Union.
Harvie - a 1983 University of Vermont College of Engineering graduate-invented, developed and holds the patent on a much-needed bladder relief system for Air Force pilots.
To fulfill present and future Department of Defense contracts, Omni needed to...
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