An Informative Look at HB 1069: Georgia’s New Angel Investment Tax Incentive Legislation   Presented by the Technology Association of Georgia, in partnership with the Georgia Economic Developers Association and the Gwinnett Chamber Technology Council About HB 1069 HOUSE BILL 1069 contains a measure which will deliver a critical boost to Georgia’s high tech industry by providing an income tax credit of up to $50,000 for individuals who invest in innovative start-up companies in Georgia. As technology leaders, you understand the importance of access to early-stage capital to any successful business. Moving technology from concept to commercialization is no easy task and this new legislation will assist Georgia in attracting a much-needed influx of angel investment and venture capital to spur business development for intellectual property constantly being generated out of our world-renown educational institutions and research organizations. Panel Speakers Knox Massey, managing partner of Keith-Massey Family Partnership Massey has been an angel investor for 15 years, ran the Atlanta Technology Angels (local angel group) 2002-2009, current BOD of the Angel Capital Association and a co-founder of the GAIC, which was created specifically for the passage of this legislation. Representative Chuck Martin, State Rep., Georgia House District 47 In January 2007, Martin was appointed Vice Chairman of the House of Appropriations Committee, directly responsible for the Sub-Committee on Public Safety. Additionally, Martin is serving as the Vice Chairman of the Science & Technology Committee and as a member of the Energy, Utilities and Telecommunications, Budget and Fiscal Oversight, the Ways & Means Committees. The Vice Chairman represents House District 47, which covers Alpharetta, Roswell, Johns Creek, and Greater North Fulton County.  Tino Mantella, President and CEO, Technology Association of Georgia Mantella, prior to joining TAG, had amassed over 20 years of related experience leading two of the nations more prestigious volunteer-driven organizations - National Arthritis Foundation and YMCA of Metropolitan Chicago. Kaylyn Seawell, Director of Government and Public Affairs, Technology Association of Georgia Seawell works with elected officials and industry organizations to promote sound public policy that will transform the science and technology community, as well as, grow Georgia's economic development. Elmer Stancil, Community & Government Relations Manager, Georgia Department of Economic Development Stancil serves as a liaison between the department and state, local, and federal governments.  He is an advocate on behalf of the economic development community including the global commerce, entertainment and tourism industries.  He is responsible for identifying legislative opportunities and challenges that impact economic development in Georgia. Back to http://tagtvonline.com