Alberta Investor Tax Credit (AITC)
Click here for a list of Approved Venture Capital Corporations
The AITC is offered on a first-come, first-served basis and supports local small businesses to create jobs and diversify the provincial economy. The AITC is a 3-year program that offers a 30% tax credit to investors who provide venture capital to Alberta companies across sectors engaged in:
- proprietary technology research, development or commercialization
- interactive digital media development
- video post-production
- digital animation
The AITC is retroactive. Investors who have made investments since the program was announced on April 14, 2016 are able to apply for the tax credit if they meet the eligibility requirements.
The AITC is expected to support up to 4,400 new jobs over 3 years and contribute up to $500 million to Alberta's GDP.