As part of Canada Starts Here: The B.C. Jobs Plan, the province plans to support small business innovation and entrepreneurship by expanding access to venture capital tax credits, extending tax credits available to apprentices and employers, and working with business leaders to cut red tape and streamline administration of provincial taxes.
B.C. intends to provide a $3-million increase to B.C.’s successful Small Business Venture Capital Tax Credit, targeted to direct investments in new businesses.
This program encourages individuals — known as “angel investors” — to invest their own capital directly into an eligible small business and offer strategic expertise.
To read the full, original article click on this link: B.C. targets innovation, job creation and training | The Nelson Daily
