The Colorado Office of Economic Development and International Trade is now accepting applications for the Advanced Industry Investment Tax Credit for 2016. The funding pool for 2016 is $750,000, and the credits are allocated on a first-come, first served basis. The investment must be an equity security of at least $10,000. Convertible debt does qualify as equity for this program, and the investor must hold no more than 30% of the voting power before the investment, and less than 50% of the voting power after the investment. In order to apply for this credit, both the investor and the investee company need to set up an account with OEDIT. Photonics-based companies are included in the Electronics Sector of the state's Advanced Industry programs. For more information, please visit this webpage or email Ken Jensen or telephone 303-892-3743.