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Minnesota’s Angel Tax Credit provides a 25-percent credit to investors or investment funds that put money into 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.

Available Funding

                A total of $16 million in tax credits is available, divided into two parts:

  • $7.5 million is reserved until Sept. 30 for investments in businesses owned by women or minorities or in businesses located in Greater Minnesota. As of 1/26/2015, $6.0 million remains. After Oct. 1, any remaining tax credits not allocated to these targeted businesses will be made available to others.
  • Another $8.5 million in credits (including unused credits from 2014) is available for investments in other businesses. As of 1/26/2015, $5.5 million remains.

ICANwDigall disability 2

Dignity by Design Enterprise
Angel.co/Dignity by Design

Proprietary Social Impact product: 
Professional Clothing made exclusively for 
the Disabled, Elderly 
and Veteran

Seeking experienced Investors in:
Manufacturing, Disabilities, Fashion or Military Veterans 
Vista large2

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