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Governor Kelly Announces Kansas Moving Forward with $451.7M High-Speed Internet Deployment Plan Governor Laura Kelly today announced federal approval of the state’s Broadband Equity Access and Deployment (BEAD) Initial Proposal Volume 2, providing an investment of more than $450 million to expand Kansas’ high-speed internet infrastructure. Funding will be granted to areas that have been identified as underserved through a competitive application process that will begin in July. Kansas Tourism Announces Participating Attractions for the Sunflower Summer Program for Kansas Families Kansas Tourism is pleased to announce the lineup of attractions participating in the 2024 Sunflower Summer program. Designed as a benefit for Kansas families with school-age children, Sunflower Summer offers a way to explore and fall in love with Kansas by providing complimentary access to tourism attractions across the state. Kansas-Based IST Offers One-Stop Service for Food Processing Sector Industrial Service Technologies (IST) specializes in turn-key design, manufacturing and installation services for food production clients and other manufacturing operations nationwide, with company headquarters and its metal fabrication division based in Tonganoxie. Commerce Updates ROZ Student Loan Repayment Program  Lieutenant Governor and Secretary of Commerce David Toland today announced significant changes to the Rural Opportunity Zones (ROZ) program that could increase participation in student loan repayments for people moving to rural Kansas counties. View All

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Kansas Angel Investor Tax Credit Program

The KAITC Program is administered by the Kansas Department of Commerce (KDC) and designed to bring together accredited angel investors with qualified Kansas companies seeking early stage investment. The “Kansas Angels” program helps provide access to capital for Kansas start-ups.”

Additional Data and Information

General Information

Investments made to a qualified Kansas business prior to written approval of award of tax credits by KDC will not be eligible for tax credits.

An LLC or any other permitted entity investor must provide documentation that demonstrates it was established and is operated for the sole purpose of making investments in other entities per K.S.A. 74-8132(g) 

Investment through multiple permitted entities (e.g. LLC-1 to LLC-2 to Qualified Kansas business or Trust to LLC to Qualified Kansas Business) will not be allowed. 

All the equity owners or Benefactors of the permitted entity investor must be accredited individual investors. 

The qualified Kansas business must maintain its headquarters and qualifying operations in Kansas for a minimum period of five (5) years unless they are a bioscience business then, ten (10) years as required by KSA 74-8136(g) and an agreement between the qualified Kansas business and KDC must be signed prior to issuance of tax credits 

Application and Registrations Fees authorized by K.S.A 74-8133(f) and are Nonrefundable 

Application review and tax credit certificate issuance requests will not be processed until the associated fees are received by KDC 

Benchmark I

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ProgramRecipientFiscal YearAddressCityZip CodeCountyTotal Amount OfferedTotal Amount Claimed to DateRemaining AmounTotal Capital InvestmentNet New JobsQualification – Retained JobsJobs to DateBenchmark 1Status: Open/ClosedYears Recipient has Received Program Benefits
KAITCSample2022####$15,950.00 $15,950.00 $11,550.00 n/a50n/a29AchievedClosed1 Year
KAITCSample2022####$15,950.00 $15,950.00 $11,550.00 n/a50n/a29AchievedClosed1 Year
KAITCSample2022####$15,950.00 $15,950.00 $11,550.00 n/a50n/a29AchievedClosed1 Year

Kansas Commerce Transparency Database

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