
Venture Capital Corporation
- Open continuously
Overview
Individuals and corporate investors can get a tax refund of 30 % when they invest in a registered British Columbia Venture Capital Corporation.
At a glance
Funding available
- Reduce environmental footprint
- No Condition
- Open continuously
Eligible candidates
- Transportation and warehousing
- Information and cultural industries
- Arts, entertainment and recreation
- Accommodation and food services
- Other services (except public administration)
- British Columbia
- For-profit business
- $ 10,000,000 maximum revenue
- All organization sizes
- Startups
Next steps
Activities funded
A Venture Capital Corporation is designed to invest in startups and small businesses that are either emerging or in the process of expanding. They focus on channeling investment into eligible ventures, leveraging the expertise of venture capitalists and angel investors.
- Investment in start-ups that are developing innovative products or services.
- Funding support for emerging businesses in need of growth capital.
- Financial backing for small businesses looking to expand operations.
- Provision of business knowledge and expertise to assist small businesses in scaling.
Eligibility
Who is eligible?
The eligibility to apply for the Venture Capital Corporation (VCC) program is specifically focused on VCCs formed for the purpose of investing in start-ups, as well as emerging and expanding eligible small businesses. These VCCs are managed by venture capitalists or angel investors. Furthermore, the program is targeted towards supporting British Columbia's small businesses through government and non-government initiatives.Eligible expenses
The Venture Capital Program focuses on investing in start-ups, and emerging and expanding eligible small businesses. It is designed to encourage economic growth by financing innovative and high-potential business ventures.
- Investment in start-ups with high growth potential in British Columbia.
- Funding for emerging small businesses seeking to expand operations.
- Support for innovative business models and technologies within eligible sectors.
- Providing capital for businesses poised for economic impact and job creation.
- Facilitating partnerships between venture capitalists and entrepreneurial ventures.
Eligible geographic areas
The Venture Capital Corporation grant is applicable to businesses within British Columbia, as indicated by the support programs and resources available for small businesses in the area. This focus is evident from references to the regional economic development support targeted at British Columbia's enterprises.
- Businesses located within the province of British Columbia.
Contacts
Frequently Asked Questions about the Venture Capital Corporation Program
What is the Venture Capital Corporation?
Who is eligible for the Venture Capital Corporation program?
What expenses are eligible under Venture Capital Corporation?
Who can I contact for more information about the Venture Capital Corporation?
Where is the Venture Capital Corporation available?
Is the Venture Capital Corporation a grant, loan, or tax credit?
Who are the financial supporters of the Venture Capital Corporation?
More programs like this
Indigenous Healing and Wellness GrantsMax $20,00060%
BC Small Business Venture Capital Program$25,000-$10,000,00030%
Stewardship Seed FundingMax $10,000

