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NY
Qualified Emerging Technology Company (QETC) Capital Tax Credit
State income tax credit of 10–20% for investors who invest in certified qualified emerging technology companies and hold investments for four or nine years respectively.
About this program
Visit the program website for full details.
Eligibility
Investors in QETC-certified companies. The company must be certified as a qualified emerging technology company. Credits are 10% for four-year hold and 20% for nine-year hold.
Requirements
- Invest in a New York State QETC-certified company
- Hold investment for at least 4 years (10% credit) or 9 years (20% credit)
- Company must have annual product sales of $10 million or less