Angel Tax Credit program stats

Minnesota’s Angel Tax Credit program has provided funding for hundreds of startups since its launch a few years ago, but the locations and types of businesses receiving funding has been less diverse than DEED would like. Below is a quick look at the program’s results to date and its shift for the future.

- Launched: 2010

- Startups funded to date: 248

- # of funded startups in Greater Minnesota: 18

- # of funded startups owned by minorities: 8

- # of funded startups owned by women: 14

- Amount dedicated to funding minority- and womenowned businesses in Greater Minnesota in the coming two years: $60 million