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Gophr Approved for Angel Investor Tax Credit
Louisiana's Angel Investor Tax Credit (AITC) encourages accredited investors to invest in early stage, small wealth-creating Louisiana businesses that seek startup and expansion capital.
- Provides a 25% tax credit on investments by accredited investors who invest in businesses certified by Louisiana Economic Development as Louisiana Entrepreneurial Businesses (LEB).
- Provides an enhanced tax credit of 35% on investments by accredited investors who invest in LEB's
located in qualified Opportunity Zones. - $7.2 million annual program cap.
- Investors can invest $720,000 per business per year and $1.44 million per business over the life of the program.
- The AITC Program sunsets on July 1, 2025.
