Angel Tax Credit: Following the Money
June 24, 2016
The Angel Tax Credit Program stimulates private investment in emerging businesses and encourages job creation through the growth of those businesses.
In 2015, the program certified 182 businesses, 114 of which received investments from 538 certified individual investors and 279 investors in certified funds. These businesses received more than $70.4 million in investment, resulting in $15.5 million in credits for investors.
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