ABQ Journal: Angel Tax Credits Can Boost NM Startups

Keeping angel investment dollars in the State of New Mexico will have a big impact, not just for angels, but for the start-ups that will grow here. In a story put out this morning by the Albuquerque Journal, Kevin Robinson-Avila explains the benefits of the new tax credit expansion and the expected outcomes it will have on the entrepreneurial ecosystem in New Mexico. Albuquerque Journal – Business: Angel Tax Credits can boost NM Startups Kevin Robinson-Avila, Published on Monday, June 29, 2015. A major expansion…

ABQ Journal: Gov Martinez Signs Tax Incentive Legislation

Albuquerque Journal  |  Dan Boyd  |  Monday, June 15 “New Mexico will offer beefed-up tax incentives to investors, high-tech employers and corporations with in-state headquarters, after Gov. Susana Martinez signed into law Monday a revamped tax package that appeared doomed just weeks ago. The second-term Republican governor said the legislation, approved by lawmakers during a single-day special session last week, will bolster the state’s economic competitiveness and employment levels. “It provides us with additional tools to help us compete for new jobs, new inventions and…

Gov. Martinez Signs Angel Tax Credit Extensions

Governor Martinez Signs New Mexico Angel Tax Credit

So what does the Angels Tax Credit Expansion bill do? Extends the angel tax credit sunset until 2025 Increases the total yearly amount of credit available to all investors to $2,000,000 per year from $750,000 per year. Increases the total amount an individual investor can claim each year from $25,000 per year to $62,500 per year. Increase the number of credits an individual investors can claim from two (2) to five (5) per year. Increases the time the credit can be carried forward from three…

NM Angels bucking, leading national trends (ABF)

Article published by Albuquerque Business First – April 28, 2015 by Dan Mayfield, Reporter “New Mexico’s angel investors are seeing many of the same things that the rest of the country is seeing. But not everything. The recently released Halo Report by the Angel Resource Institute said that, nationally in 2014, deal sizes and valuations went up for the year. Not so much in New Mexico, however, said John Chavez, president of the New Mexico Angels. “It’s about the same” as last year in New Mexico, Chavez…

April Member Dinners

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Join us for our April meeting at two new locations! Registration for members is now open! If you’d like to be considered for pitching visit our Entrepreneurs page. Wednesday, April 29 at Pranzo in Santa Fe Thursday, April 30 at High Noon in Albuquerque

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