BLOOMFIELD HILLS ? The 25 percent Michigan Small Business Investment Tax Credit expires on Dec. 31, but if you are an investor and want to learn how to qualify for the credit attend the Great Lakes Angels’ meeting Monday night.
GLA President David Weaver said he can help high net worth individuals get qualified as an Angel Investor this month, and also tell them how the companies they want to invest in can get qualified by the Michigan Economic Development Corp. But investors need to act now.
The 25 percent tax credit would allow a qualified investor to put up to $250,000 in a Michigan company. The tax credit this year would be $62,500.
The Monday night meeting also will review two potential GLA investments: Upcycle and Urban Employ.
To register, click on GLAngels.Org Or phone Weaver at (248) 540-3758.
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