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    2021 Illinois Angel Investment Tax Credit Program
    Qualified New Business Venture 
    Application
     
     
    You will need to have 3 documents prepared to upload for this application.
    1. A screen capture of a current and active Illinois Secretary of State Certificate of Good Standing, which can be found here .
    2. Current capitalization table information entered into this template . 
    3. A certification form, found here , including the applicant's signature. 

    Upon submission, a confirmation email will be sent to the email address provided below for contact information. This email will also include a PDF of the responses submitted which you can keep for your records. 

    Any incomplete or deficient applications will be denied with a reason and opportunity to appeal. This will delay any approval process, so please be sure to submit a complete and accurate application. 

    The review committee meets every other week (schedule here), so please allow at least two weeks for a determination. 

    In order for investor applications to be considered, investments must be made on or after the approval date (or "cerfitication date") and within the same calendar year (2021). 

    Tip: When finished, select "Print Form" and save as a PDF before selecting "Preview Answers", then "Submit". This will ensure you have your data backed up in case you encounter any unforeseen connectivity issues! 
  • APPLICATION INFORMATION

  • APPLICANT INFORMATION

  • CONTACT INFORMATION

  • ELIGIBILITY INFORMATION

  • This program provides a set-aside of funds for companies that are minority owned, women owned, or owned by a person with a disability.*
    *As those terms are used and defined in the Business Enterprise for Minorities, Woman, and Persons with Disabilities Act .

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  • INNOVATION


  • * Except construction of power production plants that derive energy from a renewable energy resources as defined in Section 1 of the Illinois Power Agency Act which can be found here.

  • CERTIFICATION FORM

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  • The Department of Commerce and Economic Opportunity (DCEO) is committed to protecting the privacy of its vendors, grantees and beneficiaries of programs and services. At times, DCEO will request social security numbers (SSNs) or other personal identifying information. Federal and state laws, rules and regulations require the collection of this information for certain purposes relating to employment and/or payments for goods and services, including, but not limited to, grants. DCEO also collects confidential information for oversight and monitoring purposes.

    Furnishing personal identity information, such as a social security number, is voluntary; however, failure to provide required personal identity information may prevent an individual or organization from using the services/benefits provided by DCEO as a result of state or federal laws, rules and regulations.

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