Calgary-based startup AITC Venture Capital is on a mission to help diversify Alberta’s economy by investing in the province’s technology industry. As an investment management firm established to take advantage of the Alberta Investor Tax Credit program, AITC Capital is the first approved venture capital corporation under the program. In this Startup Showcase, we take a closer look at what sets AITC Capital apart, and how the company is making a real difference in Alberta’s tech industry.
Investing in the Future of Alberta’s Tech Industry
AITC Venture Capital is focused on investing in Alberta’s technology industry. By taking advantage of the Alberta Investor Tax Credit program, the company is helping to diversify the province’s economy and reduce its reliance on the oil and gas industry. The company’s areas of interest include Information and Communication Technology (ICT), Life Sciences Technology, Clean Technology (CleanTech), and Agriculture Business and Technology (AgTech).
Taking Advantage of the Alberta Investor Tax Credit Program
The Alberta Investor Tax Credit program was introduced by the Alberta government in January 2017 as part of the Alberta Jobs Program. The program is designed to provide investors with a 30% Alberta tax credit when they invest in qualifying corporations. Qualifying corporations must meet a number of criteria, including the fact that they must be either carrying on business in one of four approved categories as an “eligible business corporation” or they must be focused on making investments into corporations that carry on business in one of the four approved categories. AITC Capital is the first approved “venture capital corporation” under the program.
Focused on Investing in the Technology Industry
At this time, AITC Capital is only considering investments in the technology category. The company believes that the technology industry is key to the future of Alberta’s economy, and is therefore focusing its efforts on this area. By investing in technology startups, AITC Capital is helping to build a more diverse and sustainable economy in the province.
Investing in the Future of Alberta’s Tech Industry
AITC Venture Capital is playing an important role in the future of Alberta’s tech industry. By investing in startups that are focused on technology, the company is helping to build a more diverse and sustainable economy in the province. With its expertise in investment management and its focus on responsible investing, AITC Capital is well-positioned to help shape the future of Alberta’s tech industry.
Conclusion
AITC Venture Capital is a company that is committed to investing in the future of Alberta’s tech industry. By taking advantage of the Alberta Investor Tax Credit program, the company is helping to diversify the province’s economy and reduce its reliance on the oil and gas industry. With a focus on responsible investing and a deep understanding of the technology industry, AITC Capital is well-positioned to help shape the future of Alberta’s tech industry.
Website: http://www.aitccapital.com/
LinkedIn: https://www.linkedin.com/company/aitc-capital-corp/
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