US Angel Investor Community Gaining Confidence

News from the US this week reveals that access to capital has improved for start-ups, thanks to an angel investor community that has gained confidence as a result of an improving economic performance.

Meanwhile the extension of tax cuts introduced when Bush was President will provide a further boost in 2011. To add to the feel-good factor this year legislation is being floated in Washington that would effectively reduce capital gains taxes on angel investments as long as they are held for five years or longer. There is a possibility that this legislation could be passed early this year as part of a range of measures to support innovation and entrepreneurship.

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