Applications Open for Kansas Angel Investor Tax Credit Program
TOPEKA – Governor Laura Kelly announced last week that applications are being accepted for Kansas startups seeking investment through the Kansas Angel Investor Tax Credit (KAITC) program for 2021.
The program offers Kansas income tax credits to qualified individuals investing in new Kansas businesses.
Eligible entrepreneurs include those engaged in the development, implementation and commercialization of new and innovative technologies, products, and services.
The Kansas Department of Commerce administers the program that is designed to encourage investment in Kansas startups.
The legislature extended the program last session through bipartisan Senate Bill 66, including updates that changed credit investment amounts, increased budget appropriations and more.
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