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Venture Capital Programs

Equity Capital Budget

The Equity Capital Budget was created to encourage equity investment in eligible small businesses in British Columbia.  To recognize the risk element involved in making equity investments, the Province provides a 30% refundable tax credit to investors who invest in eligible small businesses under the program. 

A small business must meet the following requirements to qualify as an 'eligible small business' under the program:

  1. together with affiliates, have no more than 100 employees;

  2. pay at least 75% of the wages and salaries to employees who regularly report to work in British Columbia; and

  3. be substantially engaged in a prescribed activity.

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

 

  Program Brochure

  Audit

 
Disclaimer

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.