Angel Investor Tax Credit Program
Updated Guidelines as of July 1, 2026:
Maximum Tax Credit
To help maximize the number of angel investors participating in the program, the maximum eligible investment in any one company cannot exceed $400,000 (generating a tax credit of $100,000). The maximum aggregate tax credit available to any investor, across all investments and all taxable years, remains $500,000.
Reservation Priorities
In accordance with the program’s legislative framework, Connecticut Innovations prioritizes tax credit reservations for the following categories of Qualified Connecticut Businesses:
Emerging technology businesses, including those engaged in bioscience, advanced materials, photonics, information technology, and clean technology.
Veteran-owned, women-owned, minority-owned, and disability-owned businesses.
Companies with a positive economic impact on the State of Connecticut, including the number, location, and types of jobs expected to be created.
As a Qualified Connecticut Business, you are eligible to receive investments from accredited investors to help grow your 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.