Your Hub for Exchanging VCI Tax Credits

Use our free program that establishes connections between buyers and sellers of Indiana Venture Capital Investment (VCI) tax credits. 

Interested in selling Indiana VCI tax credits? 

Interested in buying Indiana VCI tax credits? 

Who Can Benefit from VCI Tax Credits?

Investors in Indiana startups can receive an additional boost to their investment dollars by leveraging VCI tax credits against their Indiana tax liabilities.  

Investors who do not carry Indiana tax liabilities may pursue the sale of their tax credits to potential buyers through the transferability allowance implemented by the Indiana Economic Development Corporation (IEDC) in 2020. 

There is no cost to use TechPoint’s Indiana VCI Marketplace to make connections as either a buyer or seller, as facilitating connections that lead to more investment opportunity in our startup community is a part of our mission. Once introduced by a TechPoint representative, paired potential buyers and sellers are encouraged to fully connect and negotiate transaction terms. 

Rules for Transfer Eligibility

  • Anyone who holds earned VCI tax credits of at least $10,000, including out-of-state investors, can sell them through the VCI Marketplace to Hoosier taxpayers who can use them.
  • The minimum assignment amount is $10,000 certified through a single certification letter with a corresponding unique PIN. Multiple certification letters or PINs may not be combined to meet the minimum.
  • Tax credits may only be assigned to another taxpayer in exchange for currency. Non-U.S. currency is permitted, but the assignor and assignee may be asked to confirm that its value complies with the requirement below.
  • The assignor may not receive more than the face value of the tax credit being assigned. The credit may not be priced based on its perceived value to either party.
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How Does the Indiana VCI Marketplace Work?

Intent to Sell

An interested tax credit seller will complete the “seller” form on this page. 

 

Group Notification.

TechPoint will alert potential tax credit buyers with an anonymized notice of a seller’s offer. 

Buyer Interest

Interested buyers will complete the “buyer” form on this page to indicate interest and bid for a tax credit.

Highest Bidder Wins

TechPoint will initiate a private email introduction between the seller and the highest bidding buyer(s), depending on the seller’s indicated preference–generally within 10 business days from the inquiry receipt date.

Privacy Protection

Participants’ privacy is protected through this trusted curation by TechPoint.

No Connection Fees.

TechPoint will not set the transactional terms and will not charge any transactional fees. 

Notify the IEDC

Finally, a prospective seller that is seeking to exchange certified VCI tax credits with a buyer must notify the IEDC of the transaction/assignment before it is made.

Transactional Paperwork

Both the buyer and seller must complete a single VCI Tax Credit Notice of Assignment Form which can be found on the IEDC webpage before the transaction is completed. 

TechPoint Follow-up

TechPoint will contact the seller within three months for a recap of the connection outcome. 

Selling a Tax Credit?

Start making investment connections in the Indiana VCI Marketplace.

Buying a Tax Credit?

Interested in buying a VCI tax credit? Click below to be notified by the TechPoint team when tax credits are available for purchase. 

NOTE: You do NOT need to be a startup investor in order to buy VCI tax credits. 

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