The New Media Venture Capital Program supports the government’s commitment to stimulate investment in the thriving ‘New Media’ sector and is an add-on to the Equity Capital Program.  In addition to the Equity Capital Program criteria, an eligible small businesses must also be substantially engaged in the development within British Columbia for commercial exploitation of interactive digital media products that: 

• Educates, informs or entertains and presents information using at least two of the mediums of text, sound or visual images;

• Is not developed for internal corporate use involving the promotion of products or services;

• Is not used primarily for interpersonal communication; and

• Is not a product for which public financial support would, in the opinion of the certifying authority, be contrary to public policy.

An additional $5 million in tax credits over and above the Equity Capital Program Budget is available for share capital that is invested in eligible small businesses that qualify under this program.

Investments are raised through Venture Capital Corporations (“VCC”) or Eligible Business Corporations (“EBC”).

  Program Brochure