The New Jersey Angel Investor Tax Credit Program establishes refundable tax credits for qualified investments in New Jersey emerging technology businesses to stimulate investment in the innovation economy.

Eligibility

• Investors in eligible emerging technology businesses or venture funds in New Jersey
• Both the investor and the technology company must complete the application no later than 6 months from the date of investment
• Fewer than 225 full-time employees, 75% of whom must work in NJ
• Commercializes one or more of the following eligible technologies in the State: Advanced Computing, Advanced Materials, Biotechnology, Electronic Devices, Information Technology, Life Sciences, Medical Devices, Mobile Communications, Renewable Energy Technology, and Carbon Footprint Reduction Technology