Angel Investor Tax Credit
The Angel Investor Tax Credit Program offers up to a 25% tax credit to investors who fund innovative, early stage Louisiana businesses seeking capital for growth.
Funder: Louisiana Economic Development
Due Dates: Rolling
Funding Amounts: Up to 25% tax credit for qualifying investments in eligible Louisiana early stage businesses; actual benefit depends on investment size.
Summary: Provides tax credits to investors who support early stage, wealth-creating Louisiana businesses seeking startup or expansion capital.
Description
The Angel Investor Tax Credit Program is designed to encourage private investment in innovative, early stage Louisiana businesses by providing investors with a tax credit of up to 25% for making qualifying investments. The program targets wealth-creating businesses that are seeking start-up or expansion capital, aiming to stimulate economic growth and entrepreneurship within the state. The credit is available to investors who provide capital to eligible Louisiana-based businesses, helping these companies access the funding they need to grow and create jobs.
