Tax credit for investment in innovation-based industries
STAC-proposed program will offer up to $100,000 in tax credit
Full Story: Rhode Island Launches Tax Credit for Investment in Innovation-based Industries Source: RIEDC, June 28th, 2007 Added on July 5th, 2007 at 10:40 am, by Judy HeThe Rhode Island Innovation Tax Credit...will offer investors up to a 50 percent credit on eligible investments, with a maximum tax credit of $100,000.
The program will be managed by the Rhode Island Economic Development Corporation (EDC) (www.riedc.com).
"Supporting entrepreneurs and attracting investment to Rhode Island is central to our efforts to build a 21st century innovation economy that produces high-wage jobs for all Rhode Islanders," says EDC executive director Saul Kaplan, who also serves as a member of STAC.
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| 6 companies get innovation tax-credit designation | 11.27.07 | Providence Business News | ||
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| EDC to offer tax credit to ‘innovation’ investors | 07.09.07 | Providence Business News | ||
| STAC-proposed tax credit launches | 06.29.07 | STAC News Release | ||
| Smallest state in midst of giant-sized comeback | 10.29.06 | Boston Globe | ||
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