Connecticut's 2026 budget expanded its Angel Investor Tax Credit (25% of a $25k+ investment, up to $500k, $5M annual cap): the in-state employee-residency bar for qualifying businesses dropped from 75% to 50%, and applications from a business and its related persons now count as one against the per-business cap. Connecticut Innovations reopened applications June 1, with new approvals starting July 1, 2026.
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Connecticut broadens Angel Investor Tax Credit; new approvals resume July 1, 2026
Why this matters for founders
Early-stage CT startups that missed the old 75% resident-employee bar may now qualify—get certified with Connecticut Innovations so angels can claim the 25% credit.
Source: Shipman & Goodwin LLP
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