Since 2005, the Small Business Capital Investment Incentive has generated early-stage funding for more than 200 Arizona businesses, including my company, Qwick. I moved from California to Arizona to launch Qwick, an on-demand staffing platform for the service industry, because I know that new companies need these early investments to succeed.
As Arizona lawmakers finalize the fiscal 2022 budget, they can support new businesses by extending this incentive that’s commonly known as the angel investor tax credit. The program has made a $1.38 billion economic impact over the past six years alone.
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