Small Business Investor Tax Credit
New Brunswick private companies can raise money from investors who earn a non-refundable provincial tax credit.
Run by: New Brunswick Department of Finance
Type: Tax credit
Where: New Brunswick
Funding: 50% for individuals, up to $125,000 a year, or $500,000 a year in strategic sectors; 25% for corporations and trusts on non-strategic investments
Business size: Net tangible assets less than $50 million, including associated corporations
Deadline: Share sales within 120 days of approval, with one 60-day extension available
Related programs
Canada Small Business Financing Program
Small businesses and start-ups can borrow through their own financial institution under a federally registered loan program.
BDC Small Business Loan
Established, profitable Canadian businesses can apply online for a term loan from the federal development bank.
Futurpreneur Startup Program
Young founders who are citizens or permanent residents can get startup loan financing to launch a new business.
Women Entrepreneurship Loan Fund
Women entrepreneurs can borrow from delivery organizations to start or grow a business.