Companies that meet the requirement of a Qualified Connecticut Business can be listed on a program website, making it easy for angel investors to find them.

Seed capital can be difficult to raise. Angels meet that need: They are willing to invest in startups in exchange for an equity share of the business.

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 annual tax credits of $5 million for $20 million of investments (which is equal to a 25 percent tax credit against a Connecticut tax liability). The program runs from July 1 to June 30 of the fiscal year and expires on June 30, 2028.



Financial Status

Gross revenues of under $1 million in the most recent income year.

Workforce Recruitment

Fewer than 25 employees (including shareholders, members or partners active in company operations).

Company History

Companies that have operated in Connecticut for less than seven consecutive years.

Primary Location

Companies with at least 75 percent of employees who are Connecticut residents.

Additional Support

Companies that have received less than $2 million in eligible investments from angel investors.

Industry Classification

All industry verticals qualify for any Connecticut business.

If interested, contact Tamyra Davis at: