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Executive Vice President
MINNESOTA ANGEL TAX CREDIT
Another reason to invest in SubioMed...
The Minnesota's Angel Tax Credit provides a 25% credit to investors or investment funds that make equity investments in startup companies (based in MN) focused on high technology, new proprietary technology, or a new proprietary product, process or service in specified fields.
The State of Minnesota has set aside $10.3M in credits for 2021. It is a limited pool of funds that is made available to investors for certified startup companies until the funds are used up.
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