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NJ
NJEDA Technology Business Tax Certificate Transfer Program
NOL tax credit sales that help New Jersey technology and biotechnology companies raise cash.
About this program
The Technology Business Tax Certificate Transfer Program lets eligible New Jersey technology and biotechnology companies sell unused net operating losses and research and development tax credits to unrelated profitable corporations for cash.
Eligibility
Qualified New Jersey technology or biotechnology companies with fewer than 225 U.S. employees, eligible unused NOL or R&D tax credits, and program certification.
Requirements
- Apply through NJEDA during the annual application window
- Document qualified technology business status
- Provide tax credit and employee documentation