Louisiana Economic Development (LED) – Angel Investor Tax Credit Program

Louisiana’s Angel Investor Tax Credit (AITC) encourages accredited investors to invest in early stage, small, wealth-creating Louisiana businesses that seek start-up and expansion capital. This program provides a 25 percent tax credit on investments by accredited investors who contribute to businesses certified by LED as Louisiana Entrepreneurial Businesses. Investors can invest $720,000 per business per year and $1.44 million per business over the life of the program.

About

The program is open to Louisiana businesses that are not involved in retail, real estate. professional services, gaming or gambling, natural resource extraction or exploration. or financial services including venture capital funds. Accredited investors have an individual or joint net worth with a spouse exceeding $1 million at the time of investment, individual income exceeding $200,000 or joint income with a spouse exceeding $300,000. The program has a $3.6 million annual program cap and sunsets on July 1. 2025. 

PROCESS:

1. Apply for Louisiana Entrepreneurial Business certification by submitting eligibility documents detailed on the LED website to angellnvestor@la.gov.
2. Apply for AITC Reservation on LED’s website and submit fee.
3. Provide proof of investment in the form of subscription agreement to LED.
4. LED issues tax credit certification letter stating the amount of the tax credit and the years in which it will be applied against Louisiana income tax and corporate franchise tax liabilities of the investor.
5. Tax credits for all years are administered on a first come, first served basis.

Services Provided

Economic and Site Development

  • Economic Development
  • Tax Credits

Financial Resources and Assistance

  • Tax Credits

Tax Services

  • Tax Credits
Primary Contact
Marissa Doin
Address
617 North 3rd Street
Baton Rouge, la 70802