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Postponed | Small Business Venture Capital Tax Credit Program – Workshop
March 26 @ 10:00 am - 11:30 am
The Small Business Venture Capital Program offers tax credits to investors to encourage them to make equity capital investments in B.C.-based small businesses.
The government recognizes that creating new small businesses and expanding existing ones will contribute to a healthy economy. These programs give small business continuous access to early stage venture capital to help them develop and expand.
B.C. investors receive a 30% tax credit on their investment in a venture capital corporation (VCC) or an eligible business corporation (EBC).
In 2019, the program helped over 200 B.C.-based businesses raise over $110 million in investment, and the Province issued $33 million in tax credits to investors.