There are many challenges to owning a small business - among them, raising capital. The ability to raise capital can determine whether or not a good idea gets off the ground. It can also determine the ability to attract and retain good employees, to expand, and to compete in the global marketplace.
This government recognizes the primary role of small business in diversifying the economy and creating jobs, and offers two key programs to help small business gain access to capital. These programs offer tax credits to investors so small businesses can continue to lead the economic future of British Columbia.
Venture capital programs encourage investors to make equity capital investments in B.C. small businesses that will enhance and diversify the provincial economy.
An Employee Share Ownership Plan in conjunction with employee involvement encourages employees and employers to work together to achieve the long-term success of the business.