Venture Capital Investment Tax Credit
Provides Indiana tax credits to investors making approved investments in qualified Indiana businesses or investment funds.
About this program
Indiana's Venture Capital Investment Tax Credit encourages investment in fast-growing Indiana companies by offering credits to investors that provide qualified debt or equity capital to certified Qualified Indiana Businesses or Qualified Indiana Investment Funds. Credits are generally 25% of qualified investment capital for a qualified Indiana business, 30% for a W/MBE qualified Indiana business, or 20% for a qualified Indiana investment fund, subject to program limits.
Eligibility
Eligible participants include approved taxpayers or pass-through entities investing in IEDC-certified Qualified Indiana Businesses or Qualified Indiana Investment Funds.
Requirements
- Business must first be certified by IEDC as a Qualified Indiana Business or fund must be certified as a Qualified Indiana Investment Fund.
- Investor must submit a capital investment application to IEDC before making the investment.
- Investor may make the qualifying investment only after IEDC approves the investment plan.