Iowa entrepreneurs could attract as much as $10 million each year in investment under a bill that proposes making $2 million in tax credits available annually for early-stage investors.
House File 688 calls for providing investors with a 20 percent tax credit, based on their investment in startups or community-based seed funds.
Bill supporters would like to boost the tax credit amount by $10 million annually, so an additional $50 million could be available for early-stage investment.
To read the full, original article click on this link: Bill aims to rev up early investors | The Des Moines Register | DesMoinesRegister.com
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