IGNITE American Innovation Act Would Provide Tax Relief to Medical Device Startups, Other Tech Innovators
"High-tech innovators like medical device manufacturers in northern
"The Great Recession did severe and lasting damage to American entrepreneurship,"
BACKGROUND
Specifically, the IGNITE American Innovation Act would:
* Allow growth companies to monetize up to
* Double the value of R&D credits generated by research into products to prevent, diagnose, or treat COVID-19 and future pandemic threats.
The bill is already being praised by a coalition of advocates for tech startups:
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Walorski represents the
Read this original document at: https://walorski.house.gov/ignite-innovation-2021/
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