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New Bill in New Jersey to drive Startup Tech & Biotech Investments


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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