Oxford green-products distributor Go Green Global Technologies Corp. says it has qualified for Connecticut’s angel investor tax credit program.
Go Green said Tuesday its angel certification expires Sept. 20, 2013.
The two-year-old angel credit program allows accredited investors to take a credit against Connecticut income tax for investments in qualifying businesses like Go Green.
Investments must be at least $25,000 to claim a quarter of the stake in the form of a state tax credit, officials said. Connecticut Innovations Inc., the state’s quasi-public technology investment arm, oversees the angel-investor program.
Go Green trades on the pink sheets and it holds exclusive global distribution rights to the Sonical line of chemical-free water and fuel treatment formulations, and Archoil line of lubricant additives.
