Tracking the performance of startups that participated in the Kentucky Angel Investment Tax Credit program from 2015 to 2018.
| Year | Companies | Investors | Total Invested | Tax Credits | Effective Rate |
|---|---|---|---|---|---|
| 2015 | 28 | 105 | $7,521,359 | $3,000,000 | 39.9% |
| 2016 | 20 | 99 | $7,368,412 | $2,998,684 | 40.7% |
| 2017 | 29 | 80 | $8,203,301 | $3,000,000 | 36.6% |
| 2018 | 26 | 69 | $7,494,931 | $2,997,936 | 40.0% |
| 2021 | 17 | 80 | $5,718,614 | $1,460,940 | 25.5% |
| 2022 | 16 | 57 | $6,122,208 | $1,480,549 | 24.2% |
| 2023 | 18 | 54 | $5,133,364 | $1,365,814 | 26.6% |
| 2024 | 16 | 41 | $4,928,417 | $1,324,595 | 26.9% |
| 2025 | 17 | 42 | $6,869,697 | $2,061,622 | 30.0% |
| County | Companies | Total Invested | Avg. per Company | Tax Credits | Share | |
|---|---|---|---|---|---|---|
| Jefferson | 59 | $21,306,506 | $361,127 | $7,266,514 | 35.9% | |
| Fayette | 26 | $14,101,296 | $542,358 | $4,272,676 | 23.8% | |
| Kenton | 14 | $10,404,939 | $743,210 | $2,946,126 | 17.5% | |
| Rowan | 1 | $2,800,000 | $2,800,000 | $1,000,000 | 4.7% | |
| Oldham | 3 | $1,684,784 | $561,595 | $634,913 | 2.8% | |
| Hardin | 2 | $1,432,668 | $716,334 | $573,067 | 2.4% | |
| Laurel | 1 | $1,303,000 | $1,303,000 | $588,000 | 2.2% | |
| Warren | 2 | $1,275,000 | $637,500 | $510,000 | 2.1% | |
| Jessamine | 2 | $924,990 | $462,495 | $367,996 | 1.6% | |
| Boone | 1 | $900,000 | $900,000 | $360,000 | 1.5% | |
| Campbell | 1 | $800,000 | $800,000 | $200,000 | 1.3% | |
| McCracken | 3 | $617,500 | $205,833 | $247,000 | 1.0% | |
| Bath | 1 | $550,000 | $550,000 | $220,000 | 0.9% | |
| Logan | 1 | $500,000 | $500,000 | $200,000 | 0.8% | |
| Clark | 1 | $250,000 | $250,000 | $100,000 | 0.4% | |
| Scott | 1 | $250,000 | $250,000 | $100,000 | 0.4% | |
| Daviess | 1 | $137,120 | $137,120 | $54,848 | 0.2% | |
| Simpson | 1 | $80,000 | $80,000 | $32,000 | 0.1% | |
| Gallatin | 1 | $42,500 | $42,500 | $17,000 | 0.1% |