December 18, 2025

At Advantage Capital, we and our partners continue to make great strides in our efforts to invest in businesses across Nevada. Through the Nevada New Markets Jobs Act (NMJA), we identify and support growth-ready entrepreneurs who are creating quality jobs, expanding operations, and building long-term economic resilience in their local communities. 

Our work spans the state—driving measurable impact through strategic capital deployment in both urban and rural markets. Recently, Advantage Capital and our partners delivered more than $14 million in capital to three exceptional Nevada-based businesses: Kimmie Candy, The Neato Company, and Noovo. Each demonstrates how impact-driven financing can help Nevada businesses scale while fueling economic growth statewide. 

Kimmie Candy: Strengthening a Local Sweet Spot 

Founded in Reno in 2000, Kimmie Candy has built a national following for its chocolate-coated snacks, including ChocoRocks® and Sunbursts™, sold through retailers such as World Market, Hobby Lobby, and Amazon. Advantage Capital, along with our partners, invested $6.8 million in senior debt financing to help refinance higher-interest loans and reduce the company’s overall debt burden. 

The result: stronger cash flow, improved financial flexibility, and stability for a diverse local workforce—41 jobs retained and 10 new positions created in one of Washoe County’s most economically distressed areas. With average wages above the county’s living standard and robust employee benefits, Kimmie Candy continues to grow while contributing to Nevada’s community and manufacturing industry. 

The Neato Company: Scaling Nevada’s E-Commerce Edge 

Based in Las Vegas, The Neato Company helps fast-growing consumer brands expand their reach on Amazon through full-service logistics, marketing, and data analytics. A $5 million investment in connection with the Nevada NMJA program is helping to accelerate the company’s next phase of growth. 

With this capital, Neato is scaling its sales and marketing efforts, upgrading technology infrastructure, and expanding into new markets. The company’s continued growth supports high-quality, technology-enabled jobs and highlights how Nevada entrepreneurs are driving national e-commerce innovation. 

Noovo: Driving Innovation in Luxury RV Manufacturing 

Las Vegas-based Noovo is reimagining luxury travel through its high-end Class B recreational vehicles—custom-built, off-grid mobile living spaces designed for digital nomads and modern adventurers. With $2.2 million in growth capital to support production expansion, new showroom development, and working capital needs, the company is poised for expansion.  

Noovo’s success is helping strengthen Nevada’s advanced manufacturing sector, creating skilled jobs and expanding the state’s reputation for innovative, design-forward craftsmanship—all while fueling a growing national market for premium American-made RVs. 

Our Commitment to Nevada’s Future 

At Advantage Capital, we believe that small and mid-sized businesses are the foundation of Nevada’s economy. Yet too many struggle to access the financing they need to grow. 

That’s why we: 

  • Leverage the Nevada NMJA and federal New Markets Tax Credit (NMTC) programs to direct capital where it’s needed most 
  • Offer flexible debt and equity financing tailored to each company’s growth stage 
  • Prioritize investments that drive job creation, innovation, and community impact 

To date, Advantage Capital and its partners have invested more than $220 million in Nevada businesses, helping companies like Kimmie Candy, Neato, and Noovo reach new milestones—while strengthening the communities they call home. 

Let’s Build the Next Nevada Success Story 

If you’re a Nevada business owner, advisor, or economic developer looking for capital to scale operations and drive impact, Advantage Capital’s Nevada team is ready to partner with you. 

Contact us to learn more about how growth capital can take your business to the next level. 

Advantage Capital Investment Adviser, LLC (“ACIA”), a wholly owned subsidiary of Advantage Capital Management Corporation (“Advantage Capital”), is an investment adviser registered under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. Advantage Capital itself is not registered as an investment adviser with the SEC. Any advisory services described in documents directly or indirectly disseminated by Advantage Capital are provided exclusively by ACIA. The information contained herein is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Any offer to sell or solicitation of an offer to purchase any security or investment product will be made in compliance with applicable state and federal securities laws pursuant to a definitive confidential offering memorandum and/or similar documentation. Advantage Capital is an equal opportunity provider. 

The individual case studies represent a small sample of investments that were selected to illustrate their community impact under state and federal tax credit programs. The profitability of any single investment was not a factor in the selection process. Nothing in this document should be interpreted or construed as performance data of any kind, nor as any implication or statement that investments previously made by Advantage Capital were or are successful, or that past performance is any indication of future performance. All investments involve risk and unless otherwise stated, are not guaranteed.