Minnesota Angel Tax Credit (Small Business Investment Credit)
Status not published
Businesses and investors must both be certified by DEED before the investment; certification opens at the start of each calendar year the credit is funded.
A 25% refundable credit to investors on qualified investments in certified Minnesota small businesses, historically capped at $125,000 per investor per year ($250,000 for married joint filers) with a statewide annual allocation set by the legislature.
Minnesota Department of Employment and Economic Development (DEED)
public · regional
Deadline: annual_call — Businesses and investors must both be certified by DEED before the investment; certification opens at the start of each calendar year the credit is funded.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Quick — mostly identity and bank details.
Who can apply
- Up to 25 employees
- micro enterprises
- Sectors: deeptech, health, ai, agri, climate
- Stage: pre_seed, seed
- Locally registered entity required
Qualified small business must be headquartered in Minnesota with at least 51% of employees and payroll in the state, have fewer than 25 employees, have been operating fewer than 10 years, be engaged in innovation (proprietary technology, R&D, or a new product/process), and have raised no more than $4 million in private equity previously.
Source. https://mn.gov/deed/business/financing-business/tax-credits/angel-tax-credit/ — checked 2026-08-14 · not human-checked