Carney hails passage of angel investor legislation

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Gov.  John Carney has hailed the passage of  the Angel Investor Job Creation and Innovation Act.

The act will establish a refundable tax credit for qualified investors in Delaware small businesses to spur job creation and innovation. The legislation had bipartisan support.

“We are focused on doing everything we can to support Delaware’s innovators and entrepreneurs who are leading Delaware’s new economy,” Carney stated. “I look forward to signing this legislation, which will encourage investments in innovative, Delaware-based small businesses, connect our most talented entrepreneurs with resources they need to be successful, and create new jobs. Thank you to Representative Ramone, Representative Short, Senator McBride, Senator Bushweller and all members of the General Assembly for their support on this important issue.”

Carney called for passage of the Angel Investor Job Creation and Innovation Act in his State of the State address earlier this year.

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