Angel Investment Tax Credit

Who can apply

BASIC ELIGIBILITY REQUIREMENTS A small business may be a “qualified small business” if it: Is a corporation, limited liability company, partnership or other business entity (Sole proprietors are ineligible) Maintains a portion of its operations in Arizona Has at least two principal non-administrative full-time equivalent employees who are Arizona residents Is not principally engaged in activities precluded by ACA Does not engage in activities that involve human cloning or embryonic stem cell res