Digital Dream Labs Awarded $45k in Sellable Tax Credits
Good news everyone, we just got another boost to our revenue! In the State of Pennsylvania there is a program called the Keystone Innovation Zone. By being in this zone we are able to sell tax credits based upon our revenue growth and research and development. We often seek grants, for example our Puzzlets 3D was funded by the NSF, to offset the cost of R&D which reduces the risk of the company. We have applied for other grants and will let you know as we get them awarded. For now, this represents at least a 4-5% increase in our revenue for 2019 and will be used to hire a new artist to accelerate our game design!
In other news, we have followed through with our commitment to post a page on our website dedicated to our investors of $50 or higher! Thank you again and the best is yet to come!