Ministry of Economic Development

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• Cleantech Venture Capital Program
• Community Venture Capital Program
• Equity Capital Program
• New Media Venture Capital Program
• Venture Capital Corporation
• Eligible Business Corporation
• Tax Credit Budget Updates
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Venture Capital Corporation ("VCC")

INDEX

A Venture Capital Corporation is a corporation registered under the programs that have been formed for the sole purpose of investing funds in a number of start-up, emerging and expanding eligible small businesses.  These corporations usually are managed by venture capitalists or angel investors who provide small businesses with the benefit of their expertise, experience and business knowledge.

 

Administration & Forms

Info about reporting requirements

 

Registration

Register as a VCC

 

Raising Equity Capital

Apply for approval to raise equity capital

 

Tax Credits

Info about the 30% tax credit incentive and tax credit liability

 

Tax Credit Budget Updates

Check the status of each tax credit budget

 

Audit
 

VCC Public Register

Investment Protection Account (“IPA”)

Establish an IPA, and apply for an IPA release

 

VCC Eligible Investments

Report eligible investments in small businesses

 

Ineligible Transactions

Info about prohibited use of funds, control of eligible small businesses, and share rights and restrictions

 

Streamlining 2007

Info about exciting changes to the program processes

 

Q&A

Frequently asked questions & answers

 

  July 28, 2008
Launch of the Cleantech Venture Capital Budget
  May 26, 2008
Community Venture Capital Budget Closeout Procedure
  May 5, 2008
Upcoming Changes to the BC Securities Legislation

 

 

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.