British Columbia’s Venture Capital Program (“VCP”) provides a tax credit of 30% to BC taxpayers on every dollar invested into registered “venture capital companies (VCCs)” such as ABCT Pacific (VCC) Ltd., subject to certain limitations. In contrast to resource flow-through shares, where the adjusted cost base of the shares is ground to zero, there is no reduction of the cost base of acquired Shares. In addition, the tax credit is not income or deemed income to the investor. Shares are eligible investments for RSP, RIF, and TFSA purposes, thereby greatly reducing an investor’s at-risk amount.
Specific information relating to the VCP can be found here: Venture Capital Tax Credit Program Guidelines (gov.bc.ca)
ABCT was incorporated in 2018 and has a track record of successfully completed investment transactions. ABCT Pacific was incorporated in 2022 and looks to expand ABCT’s strategy to the BC market.
ABCT Pacific seeks to invest in early-stage cleantech innovators in industries such as net-zero or low carbon fuels, low-emission electricity generation, or low carbon, waste reducing optimization technologies.
Please visit the “Contact Us” tab to request our share subscription package.
Please fill out our innovator application form below, and attach any presentation materials that you may have.