Indianapolis, IN: Many states have recognized and are tracking the beneficial impact of angel investors and venture capitalists and are adopting and improving legislation to promote such investments.

Increased investment into new ventures drives business innovation with the associated investment tax credits becoming a vital way to facilitate the availability of capital.  VC tax credits are a valuable tool to encourage entrepreneurial growth and small business development.

Allowing the transfer or sale of VC tax credits within a contractually controlled environment and with oversight from the Indiana Economic Development Corporation (IEDC) will improve the usefulness of Indiana’s Venture Capital Tax Credit program.