A program that allows Angel Investors and business to take a credit against Connecticut State income tax for certain investments made in qualifying businesses.
If you are in the industries of bioscience; advanced materials; photonics; information technology or clean technology and are looking to be registered on a list that allows for angel investors to take a tax credit on an investment in your company.
A program that allows Angel Investors to take a credit against Connecticut State income tax for certain investments made in qualifying businesses. Connecticut Innovations, Inc. administers this program on behalf of the State of Connecticut.
Investments must be at least $25,000 in order to be considered under the program and the income tax credit equals 25% of the cash investment, up to a maximum credit of $250,000.