.
[scroll down]

We bring your passion to
new heights.

Opportunities and advice for angel investors.

.

What We Do For Angel Investors

Angels are people who invest in startups in exchange for equity. Vital to the entreprenurial scene, angels provide entrepreneurs with seed capital, which is notoriously difficult to raise. They’re also often entrepreneurs themselves, or industry experts with a personal interest in helping the company succeed.

Qualifying Businesses

Certain Connecticut businesses may qualify to participate in the Angel Investor Tax Credit Program if their principal place of business is in Connecticut and they are engaged in bioscience, advanced materials, photonics, clean tech or IT. They must also have:

  • Gross revenues under $1 million in the most recent income year
  • Fewer than 25 employees, including shareholders, members or active partners, 75% of whom are Connecticut residents
  • Operated in Connecticut for less than seven consecutive years
  • Received less than $2 million in eligible investments from angel investors

Interested businesses can apply using the application below. Once we receive your completed paperwork and payment, the qualification process takes no more than 10 business days. Please note: all applications must contain the original wet signature.

Once a year, on their approval anniversary, Qualified Connecticut Businesses are required to recertify their application information. CI sends out forms prior to the expiration date.

Business Qualifications Process Business Application

.

Available Opportunities

.

Eligibility Of An Angel Investor

You can participate in the Angel Investor Tax Credit Program if you meet the definition of an accredited investor, or a network of accredited investors, found in Section 15(I) of Public Act No. 10-75. Your investment of $25,000 to $1,000,000 qualifies you for a 25% credit on your state income tax.

Prior to making an investment, you must be approved by Connecticut Innovations. The process takes five to seven business days once we receive your application. Note that there are two steps to the process. First, you must ask for a tax credit reservation number. Once you receive the number, you’re ready to invest. After you’ve made the investment, you must register for an angel tax credit certificate using the form below. Please note that the following are not eligible to invest: Venture capitalists, banks, savings and loan associations, trusts, insurance companies and similar entities whose business activities include venture capital investments. People who control 50% or more of the qualified business receiving the investment are also not eligible to participate.

Tax Credit Process Tax Credit
Reservation Form
Tax Credit
Certificate Form