Stories of Technology, Innovation, & Entrepreneurship in the Southeast

Knoxville Business News Tennessee Mountain Scenery Background
May 27, 2014 | Tom Ballard

SC’s angel investor tax credit not getting many takers

Angel Investor Tax Credit 2Is a tax credit program for angel investors a good thing? The jury is still out in South Carolina where the state approved a “High Growth Small Business Job Creation Act” a year ago that allotted up to $5 million in annual income tax credits available for investments made in high-growth, early-stage companies by accredited investors. Thus far, the state approved just $769,000 in tax credits, which is 15% of the $5 million cap. Read more here.



Like what you've read?

Forward to a friend!

Don’t Miss Out on the Southeast’s Latest Entrepreneurial, Business, & Tech News!

Sign-up to get the Teknovation Newsletter in your inbox each morning!

  • This field is for validation purposes and should be left unchanged.


No, thanks!