Tax credit for business transfer ownership to employees in BC
Government of British Columbia, Employment, Business & Economic Development - Employee Share Ownership Plan
Type of Funding
Loan
Max Funding
N/A
Region
Provincial
Application Difficuty
Complex
Processing Time
Slow (A few months)
Province
British Columbia
Industry
N/A
Funding Goals
Start or acquire a new business.
Demographic
N/A
Incorporated
Yes
Contact
InvestmentCapital@gov.bc.ca
(250) 952-0136
Apply For A Loan
Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +
Funds in 24 hours
$10,000 to $800,000
Details
20% tax credit for employees making investments in their employers’ businesses. business owners can use an employee share ownership plan to transfer ownership of their company to employees by selling shares directly to their employees.
Eligibility
N/A
Similar funding programs
Loan
Financing for Francophone entrepreneurs in Manitoba for start-up, expansion and creation of an export division.
Max Funding $75,000.00
CDEM Financing - Business support
Loan
Loans for women in the in agriculture, agribusiness and food industry.
Max Funding N/A
FCC Women Entrepreneur Program
Loan
Financial assistance for Aboriginal entrepreneurs and organizations in Northern Ontario to establish, expand or acquire a business.
Max Funding $1,000,000.00
Nishnawbe Aski Development Fund - Financing