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Nebraska Angel Investment Tax Credit Act

As part of the Talent and Innovation Initiative, the Angel Investment Tax Credit Act provides refundable state income tax credits to qualified investors that invest in qualified early-stage companies.

Key elements of the Angel Investment Tax Credit Program:

  1. DED certifies qualified:
    1. individual investors - minimum investment of $25,000 per year
    2. investment funds - minimum investment of $50,000 per year, minimum of three investors
  2. DED certifies qualified small businesses:
    1. Nebraska-based with more than 51% of employees in Nebraska
    2. Shall have 25 or fewer employees at time of investment
  3. Maximum credits of $350,000 for couples filing joint return and $300,000 for single filers
  4. Maximum amount of tax credits allocated for investments in any one business limited to $1 million
  5. 40% refundable tax credit in Distressed Areas, 35% in Non-distressed
  6. Focus on high-tech businesses

There are $4 million available in total credits per year.

As of November 1, 2016 all applications received will be deemed received for 2017 calendar year. To be considered for the 2017 calendar year, please submit applications by December 31, 2016.

Contact: Nisha Avey at This email address is being protected from spambots. You need JavaScript enabled to view it. or (402) 471-1466

Guidelines

Application

Additional Forms

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Nebraska Department of Economic Development | Courtney Dentlinger, Department Director
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Phone (800) 426-6505 | Fax (402) 471-3778