Stories of Technology, Innovation, & Entrepreneurship in the Southeast

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May 07, 2012 | Tom Ballard

Angel investor bill on hold in South Carolina Senate

A bill being considered in South Carolina would allow accredited angel investors, anyone whose net worth exceeds $1 million or who makes more than $200,000 per year, to claim a 35 percent tax credit on money they put into small, early-stage South Carolina companies. The bill would cap total tax credits at $5 million per year.

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