New Bill in New Jersey to drive Startup Tech & Biotech Investments
On January 31, 2013, New Jersey Governor, Chris Christie,
signed bill S-581 which created an angel investors tax credit
hoping to spur job creation and growth in the next generation
of technology industries. In order to qualify for the tax credits
for up to ten percent of the investment, the technology
company must have a physical presence in New Jersey. The
company must also conduct research, manufacturing or
technology commercialization in New Jersey.
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