Labour Sponsored Funds Program
Labour Sponsored Funds Programs help create investment funds that are able to invest in small and medium-sized businesses with high growth potential that need equity financing to achieve success.
In British Columbia there is currently one labour sponsored investment fund registered as employee venture capital corporations under the Employee Investment Act.
The goal of this fund is to earn a competitive return for shareholders, through long-term equity investments in small to medium-sized businesses in B.C.’s emerging markets.
B.C. investors receive a combined federal and provincial tax credit of up to 30% on their investment in a labour-sponsored investment fund.