The Community Venture Capital Budget supports regional economic diversification and is an add-on to the Equity Capital Budget.  In addition to the Equity Capital Budget criteria, 'eligible small businesses' must also be substantially engaged in an activity that promotes community diversification. 

An additional $3 million in tax credits over and above the Equity Capital Budget is available for share capital that is invested in eligible small businesses operating outside of the Greater Vancouver and Capital Regional Districts.

Investments are raised through Venture Capital Corporations (“VCC”) or Eligible Business Corporations (“EBC”).

  Program Brochure

The Province of British Columbia does not in any way guarantee nor express an opinion as to the value of any shares issued by the VCC/EBC, the financial condition of the VCC/EBC or the merits of any investment or business proposal.