Angel Tax Credit
Minnesota's Angel Tax Credit provides a 25-percent credit to investors or investment funds that make equity investments in startup companies focused on high technology, new proprietary technology, or a new proprietary product, process or service in specified fields. The maximum credit is $125,000 per person, per year ($250,000 if filing jointly). The credit is refundable. Residents of other states and foreign countries are eligible. View our Fact Sheet.
For 2019, $10 million in credits were authorized. As of 11/12/2019, $2.3 million in credits remain.
We are currently accepting 2019 certification applications.