Investor Presentaiton
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Please note:
A public record of the remaining annual program budget is available on the AITC program
webpage.
Corporations should not delay investments while waiting for determination of eligibility.
Investments made prior to approval may be eligible, if funds meet all requirements of
additional equity raised.
VCCs can invest in small businesses that are conducting business activity in the eligible
areas, but are not officially registered as EBCs. The VCC has the responsibility to ensure
the small business is compliant with the Investing in a Diversified Alberta Economy Act.
VCCs may encourage small businesses to apply for registration with the AITC program as
an EBC.
The AITC program is guided by the Investing in a Diversified Alberta Economy Act and
the Regulation. It is the responsibility of prospective and current participants to familiarize
themselves with these documents.
Application Dates
Program intake opens at the beginning of each fiscal year (April 1) with a
new annual budget and remains open until the annual budget has been
fully allocated.
Tax credits are available on any eligible investment made after January 1, 2017, provided the
business registers with the program and both the business and investor meet the program
requirements.
Tax credit certificates are issued on a first-come, first-served basis until the annual budget is
expended. The remaining budget available for tax credits can be viewed on the program
webpage.
Program Eligibility
In order to be eligible for the tax credit, investors must pay personal or
corporate taxes in Alberta and invest in eligible small businesses or
Venture Capital Corporations in Alberta
Both individuals and corporations are able to invest under the AITC. This includes:
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accredited investors (e.g. angel investors);
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friends, family and business associates of the business owner;
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corporate investors;
Alberta Investor Tax Credit Program | January 2019View entire presentation