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Tax CreditMinnesotaActiveVerified

Minnesota Angel Tax Credit

Minnesota Department of Employment and Economic Development (DEED)MN-ANGELRefreshed 1 month ago
Do I qualify?
Max funding

Varies

Amount varies

Type

Tax Credit

Reduces tax liability

Deadline

Rolling

No fixed cutoff

Timing

Annual tax return

Claim with year-end filing

Complexity

Moderate

File with tax return

About This Program

Credit equal to 25% of investment in certified Minnesota startup companies, available to both individual and corporate investors. Certified businesses must be in technology, new proprietary products/processes, or meet other qualifying criteria. Annual statewide credit cap of $17 million.

Key Requirements & Eligibility

  • 1Investor must be a MN-certified angel investor or fund
  • 2Investment in a certified MN early-stage company
  • 3Credit: 25% of qualifying investment
  • 4Max credit per investor: $125,000/year ($250,000 for investments in Greater MN companies)
  • 5Statewide annual cap: $17 million — credits allocated first-come

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Investor must be a MN-certified angel investor or fund

2.Investment in a certified MN early-stage company

3.Credit: 25% of qualifying investment

4.Max credit per investor: $125,000/year ($250,000 for investments in Greater MN companies)

5.Statewide annual cap: $17 million — credits allocated first-come

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