The Kentucky Innovation Network @ NKY office is your expert when it comes to equity investment tax credits for your company. Email info@nkyinnovation.org to find out how this tax credit program can work for you!
Individual AITC (Angel Investor Tax Credit):
The Kentucky Angel Investment Fund Tax Credit allows angel investors – people who provide capital for startup companies – to receive tax credits. Qualified investors can receive a tax credit of up to 50 percent of their investment in counties with high unemployment rates, or enhanced counties, and 40 percent in all other counties.
The Kentucky Investment Fund Act:
In Kentucky most investment funds and small business funders are qualified to receive a 40 percent tax credit for their investments. The following small business funders are authorized by the angel investment funds to provide ongoing working capital and business funding: Entrust MCA, Elite Merchant Funding, MDS.