Tax Credit Qualification
Thrive IP® deploys tax credit qualification strategies to provide clients with non-dilutive cash, and to attract follow-on investment. For example, a wide variety of federal tax credits may be available to startups and other entities, such as the Research and Development Tax Credit, the Biofuel Tax Credit, or the Orphan Drug Tax Credit. In addition, state-specific programs can further conserve capital for clients. In South Carolina, Thrive IP® assists startup clients with qualifying for the South Carolina Angel Investment Tax Credit, so follow-on investors can receive up to a 35% state tax credit for their investments in qualified startups. Let us know if you have tax credit qualification issues.