Metro Startup Launcher

One thing that makes a startup investment in Kentucky extremely attractive is the Kentucky Angel Investment Tax Credit. If you're an accredited investor and a Kentucky resident, you can get an amazing tax credit (40 to 50%) on startup company investments. This is a TAX CREDIT, not a deduction.  In other words, you get a dollar for dollar reduction of your tax for up to 50% of your investment in a qualified Kentucky startup company. These tax credits were designed to encourage qualified individual investors to make capital investments in Kentucky small businesses, create additional jobs, and promote the development of new products and technologies.  And, they have been extremely successful. Tax credits are non-refundable (only count toward actual Kentucky state taxes that you owe).  The amounts that you can claim in any one tax year may not exceed fifty percent (50%) of the total amount of credit awarded or transferred to the taxpayer.  However, any unused credits may carry-forward for up to fifteen (15) y