Angel, Angel Network or Angel Entity Certification, Tax Credit Reservation and Tax Credit Request Process
All Applications must be submitted to Connecticut Innovations, Inc. via hard copy with original signatures on the Application.
- A business must be certified as a Qualified Connecticut Business (QCB) by Connecticut Innovations, Inc. prior to the initial investment in order to be eligible for investment tax credits.
- The Angel Investor should complete and return the Angel Investor Certification/Request for Tax Credit Reservation Form to CI in order to be certified as an accredited investor and to receive an Angel Investor Tax Credit Reservation Number. This reservation number will allow the investor to move forward with the QCB investment transaction and request the tax credit once the transaction is complete. The reservation number will expire 45 days from its issuance. It is important to request a reservation number prior to commencing the transaction to ensure your place in the queue since there is an annual limit to the amount of tax credits that can be issued by Connecticut Innovations.
- The Angel Investor Certification/Request for Tax Credit Reservation Form should be sent to:
Ms. Stepheni Harpin
c/o Connecticut Innovations, Inc.
865 Brook Street
Rocky Hill, CT 06067
- Angel Investor Tax Credit Reservations are issued on a first come, first served basis on the date that Connecticut Innovations receives the Angel Investor Certification/Request for Tax Credit Form. You will be notified of this approval by email.
- Once the investment transaction is complete, the angel investor and the QCB complete an Angel Investor Tax Credit Request Form and submit it to CI for processing. All documents requested must be included with the form when it is submitted to CI. This form should be submitted to the address above. Once received, CI will process the request and issue the tax credit authorization document.