New Jersey Governor Chris Christie (R) signed legislation (S. 581) last week making up to $25 million a year available in state corporate and gross income tax credits for investments in emerging technology companies within the state. The New Jersey Angel Investor Tax Credit Act provides a credit for up to 10 percent of a qualified investment in an emerging technology business with a physical presence in the state that conducts research, manufacturing, or technological commercialization. Individual company credits are capped at $500,00 for each qualified investment.