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A state tax credit passed in 2010 and revised last year shows promise of directing money to small startup companies that traditional venture capital firms may avoid as too risky. The state income tax credit is 25 percent of investments as high as $250,000. When passed in 2010, an investment of at least $100,000 was required to be eligible for the tax credit. Last year, the investment threshold was lowered to $25,000 to qualify for the credit. Click Here for the Full Article:

"There is an explosion in entrepreneurship and people want to get in on it," said Matthew Nemerson, president of the Connecticut Technology Council, which started lobbying for a tax credit for angel investors more than five years ago. "The legislation came at the right time to throw fuel on the fire. Because of the $100,000 limit, the fuel [was] a little bit watered down." "Thirty companies have gotten investments since a law took effect 18 months ago allowing investors who p