INDIANAPOLIS (August 30, 2022) — A new program launched by TechPoint is aimed at assisting investors in Indiana startups from out-of-state to assign or sell up to $1 million in venture capital investment (VCI) tax credits which they can earn but can’t use. The Indiana VCI Marketplace is a free program to better connect investors who have earned VCI tax credits and Hoosier investors who want to buy them. The Indiana Venture Capital Investment (VCI) Tax Credit was enacted in 2003 but applied only to Hoosier investors who could use it to lessen their tax liability. Since out-of-state investors don’t pay Indiana taxes, the benefit didn’t apply to them. That changed in 2020 after the Indiana General Assembly updated the legislation to allow those investors to sell the credits they earned. The benefit applies to qualified capital investments in Qualified [...]