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MN

Minnesota Angel Tax Credit

Refundable 25 percent tax credit for investors in qualifying Minnesota startup companies.

About this program

Minnesota's Angel Tax Credit provides a refundable credit to qualified investors or investment funds that make equity investments in startup companies focused on high technology, proprietary technology, or proprietary products, processes, or services in specified fields.

Eligibility

Qualified investors and funds investing in certified Minnesota startup companies meeting high-technology or proprietary innovation requirements.

Requirements

  • Startup must be certified as a qualified small business when funding is available
  • Investor or fund must receive certification before investment
  • Document qualified investment, company eligibility, and annual reporting requirements