Angel Tax Credits still available, but deadline is Dec. 31

The Minnesota Angel Tax Credit provides a 25% tax credit to investors or investment funds that make equity investments in startup companies focused on high technology, new proprietary technology, or a new proprietary product, process or service in specified fields. It also stimulates private investments in emerging Minnesota businesses to promote innovation and encourages high-paying job creation.

As of Dec. 10, there is $750,000 in credits remaining for 2019 – so there’s still time to participate, but the cutoff date for investments to qualify for the credit is December 31.

Click here to learn more about the Angel Tax Credit program and how to apply.