Company Criteria Application Submission To be considered for the Kansas Angel Investor Tax Credit program, Kansas companies must: Complete the online application form. Upload an executive summary, business plan, company financials and Articles of Incorporation. Remit $250 Application Fee to the Kansas Department of Commerce. Investment Criteria The business has a reasonable chance of success and potential to create measurable employment within Kansas. In the most recent tax year of the business, annual gross revenue was less than $5,000,000. Businesses that are not Bioscience businesses must have been in operation for less than 5 years; bioscience businesses must have been in operation for less than 10 years. The business has an innovative and proprietary technology, product, or service. The existing owners of the business have made a substantial financial and time commitment to the business. The securities to be issued and purchased are qualified securities. The company agrees to adequate reporting of business information to the Kansas Department of Commerce. Commerce will only consider a Kansas company for certification.