The standard amount is one million and fifty thousand United States dollars, or eight hundred thousand where the enterprise is principally doing business in a qualifying targeted employment area or is an infrastructure project. Both amounts are subject to a statutory inflation adjustment that begins on the first of January, twenty twenty-seven, so a figure budgeted now may not be the figure required later.
Budget against the date you will actually file
The lower figure is not a discount available on request. It attaches to where the new commercial enterprise is principally doing business, and a targeted employment area designation rests on unemployment or population criteria that have to be established with data rather than asserted in a brochure. Infrastructure projects have their own definition.
Where a promoter offers the reduced amount, the underlying determination is worth reading, because if the designation fails the shortfall is the investor’s problem and not the promoter’s. The scheduled adjustment adds a second reason to be precise about timing. A file assembled over eighteen months, which is not unusual when the source of funds involves a family succession, can cross the adjustment date between the first draft and the filing.
Building a margin into the plan is cheaper than discovering a shortfall after the capital has already been transferred and committed.