From the government of Manitoba’s website: “The Small Business Venture Capital Tax Credit (SBVCTC) provides a non-refundable Manitoba tax credit of up to 45% to individuals and corporations who acquire equity capital in eligible Manitoba enterprises. The program targets Manitoba companies that want to raise equity from higher net worth individuals, with a minimum investment of $10,000 per investor. Corporations must be pre-approved to issue shares..”
Growing small business
With help from Manitobans who care about the environment.
All new businesses require a lot of initial capital to establish basic infrastructure and brand themselves. Without some angel investment, almost no businesses you see today would exist.
A few more details
Click here for more concise information.
- Earn 45% back in Manitoba tax credits
- Reimbursement is immediate and separate from regular tax filings
- Minimum $10,000 investment
- Maximum $500,000 investment
- Minimum 3 year holding period required
- Limited availability. When $10 million in shares are issued, the SBVCTC will no longer be available
- The Manitoba Government just lowered the requirements of being an eligible investor! Wahoo! More people can invest now! Contact us for details.
