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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.
Beginning at 9 a.m. Wednesday, community members can purchase a $25 gift card for 25% off from participating downtown businesses, including Ad Astra Books and Coffeehouse and Blushe Boutique.
Penny Bettles, executive director of Salina Downtown, expressed the difficulty and constant change that many endured through the past year.
“Now as hope fills the air, and the weather starts to warm, we want to thank you for continuing to support our local downtown businesses throughout a really tough time,” Bettles said.
Ad Astra is one business involved in the promotion, and manager Tammy Jarvis said they like being a part of what is happening downtown.