DEED Accepting Angel Tax Credit Applications Starting July 1
July 1, 2019
$10 million available in 2019; with an additional $10 million available in 2021
ST. PAUL – The Minnesota Department of Employment and Economic Development (DEED) will begin accepting applications from businesses, investors and funds to participate in the Minnesota Angel Tax Credit program on Monday, July 1.
The Minnesota Legislature authorized $10 million in tax credits for 2019, with another $10 million in 2021. Half of the funding each year is reserved for minority, women and veteran owned and managed businesses, as well as businesses located in Greater Minnesota.