STED

Ministry of Technology, Trade and Economic Development

Eligible Business Corporation (“EBC”)

Under the 'direct' investment approach, a small business registers as an Eligible Business Corporation under the programs. This allows a small business to accept equity capital directly from investors without having to set up a Venture Capital Corporation. This investment structure is ideal for an investor that is planning to be actively involved in the growth of the small business.

Administration & Forms	Information about reporting requirements
Registration	Register your small business as an EBC
Raising Equity Capital	Apply for approval to raise equity capital
Ineligible Transactions	Information about prohibited use of funds, control of eligible small businesses, and share rights and restrictions
Tax Credits	Information about the 30% tax credit incentive and tax credit liability
Tax Credit Budget Updates	Check the status of each tax credit budget
Audit	Information about examinations of company records and common audit findings
Streamlining 2007	Information about exciting changes to the program processes
Q&A	Frequently asked questions & answers

Disclaimer

The Province of British Columbia does not in any way guarantee nor express an opinion as to the value of any shares issued by the VCC/EBC, the financial condition of the VCC/EBC or the merits of any investment or business proposal.