SalivIQ is now designated as a 𝗤𝗨𝗔𝗟𝗜𝗙𝗜𝗘𝗗 𝗕𝗨𝗦𝗜𝗡𝗘𝗦𝗦 for the Virginia Qualified Equity and Subordinated Debt Investment Tax Credit.

𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝘁𝗵𝗮𝘁 𝗺𝗲𝗮𝗻 𝗳𝗼𝗿 𝗩𝗶𝗿𝗴𝗶𝗻𝗶𝗮 𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝘀 𝘄𝗵𝗼 𝗶𝗻𝘃𝗲𝘀𝘁 𝗶𝗻 𝗦𝗮𝗹𝗶𝘃𝗜𝗤?

It means that Virginia investors will receive an income tax credit equal to 50% of the investment you make in SalivIQ. You can claim a credit of up to $50,000 on your return, not to exceed your tax liability. On top of that, you can carry forward any unused credits for 15 years.

We are excited to be incorporated in a state that is actively growing biotech and supports startups and investors alike!