The Venture Capital Equity Tax Credit will be extremely useful in increasing participation and unlocking untapped capital in the province to support high-growth technology companies. It will enable people to invest who wouldn’t otherwise, and help new Venture Capital funds, like ours, that reduce the risk for investors through diversification and professional fund management. This will serve as an entry point for new investors, likely also resulting in increased angel investment participation, as these investors become more familiar with the space.

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