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Vermont Seed Capital Fund (Vermont)

Eligibility 
Agricultural
Commercial
Construction
Fuel Distributor
Industrial
Installer/Contractor
Retail Supplier
Savings Category 
Fuel Cells
Photovoltaics
Program Info
State 
Vermont
Program Type 
Corporate Tax Incentive
Provider 
Vermont Department of Taxes

The Vermont Seed Capital Fund increases the amount of investment capital available to new Vermont firms or to existing Vermont firms for the purpose of expansion. The first $5 million of capitalization contributed by taxpayers on or before January 1, 2014. Lesser of 4% of contribution or 50% of tax liability prior to allowance of this credit. There is a four year carry forward. Maximum aggregate credit 20% of contribution. Credit is nontransferable except from an involuntary transfer of interest in the credit.