Minnesota’s angel-investor tax credits are all gone

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By Katharine Grayson, Minneapolis-St. Paul Business Journal

“Minnesota’s $12.2 million pool of angel-investor tax credits ran dry Monday. The program, which offers income-tax credits to investors in Minnesota startups, ran out of funds earlier than any year since launching in 2010. In 2013, the state allocated all of its $12.7 million in credits by May 9. The angel-tax credit program will expire this year unless the Legislature extends it this session.”

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