Angel Investor Tax Credit Program
The Angel Investor Tax Credit Program
CI administers the state’s Angel Investor Tax Credit Program, which gives angels a credit against Connecticut’s state income tax when they invest at least $25,000 in qualifying businesses. If you qualify, your business will be listed on our website so that angels looking to invest can find your startup. The program offers a maximum annual tax credit of $5 million for $20 million of investments (which is equal to a 25 percent tax credit against a Connecticut tax liability).
In accordance with section 12-704d(e)(3) of the CT General Statutes, CI cannot reserve more than 75% of tax credits for investments in emerging technology business as defined before April 1, 2025. Credits will also be prioritized for veteran-owned, women-owned or minority-owned businesses and businesses owned by individuals with disabilities. After April 1, 2025, any remaining credits issued will be on a first-come, first-served basis until the $20 million cap is reached. The program runs from July 1 to June 30 of the fiscal year and expires on June 30, 2028.
I'd like to become a Qualified Connecticut Business.
As a Qualified Connecticut Business, you are eligible to receive investments from accredited investors to help grow your business.
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I'd like to invest in a Qualified Connecticut Business.
As an investor, you are eligible to receive a 25 percent tax credit against Connecticut’s state income tax when you invest at least $25,000 in qualifying businesses.
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