Minnesota Angel Tax Credits officially gone for the year



By Tim Budwig, HometownSource.com

“ST. PAUL ā€“ The Minnesota Angel Tax Credit Program has allocated all $12 million in tax credits that were available to angel fund investors in 2012, according to the Minnesota Department of Employment of Economic Development (DEED).

The agency said the credits ran out earlier than expected because of the strong response to the program, which encourages investments in promising startup businesses in Minnesota.”

Read more…