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Angel Investor Tax Credit Program
Rolling Application
Deadline:
Start Date:
Eligibility
- Investors in eligible emerging technology businesses or venture funds in New Jersey
- Both the investor and the technology company must complete the application no later than 6 months from the date of investment
- Fewer than 225 full-time employees, 75% of whom must work in NJ
- Commercializes one or more of the following eligible technologies in the State: Advanced Computing, Advanced Materials, Biotechnology, Electronic Devices, Information Technology, Life Sciences, Medical Devices, Mobile Communications, Renewable Energy Technology, and Carbon Footprint Reduction Technology
Benefits
Tax credits equal to 20% of a qualified investment with a potential 5% bonus.