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 that equal up to 20% of a qualified investment with a potential 5% bonus.