📋 Eligible Entities - Canadian-controlled private corporations (CCPCs) operating in Canada - Businesses seeking to raise private equity capital - Companies with viable growth potential and investment-ready business models - Entities not currently in receivership or under financial distress proceedings - Businesses operating in eligible sectors (excludes certain industries such as financial services, real estate investment, and passive holding companies) ### 💰 Funding Details - Rebate Amount: 20% direct rebate on equity investment purchase price - Maximum Rebate: $200,000 per investment round or fiscal period - Structure: Non-repayable rebate (grant-based, not a loan) - Investor Benefit: Reduces the effective cost of equity investment for private-sector investors - Company Benefit: Lowers the capital requirement the business must raise to meet growth objectives - Matching Requirement: Business must secure private equity investment; rebate is contingent on verified investor contribution ### 🛠️ Approved Expenses - Equity investment capital injection into the company - Working capital for business expansion - Equipment and technology acquisition - Inventory buildup - Facility expansion or improvements - Staffing and human resource development - Market expansion and commercialization initiatives - Product development and innovation projects Note: Funds flow through equity investment; use of capital is determined by the business within standard corporate governance frameworks. ### ⚠️ Conditions & Milestones - Investment Verification: Private-sector investor equity purchase must be independently verified and documented - Timing: Rebate is issued after equity investment is completed and validated - Minimum Investment Threshold: Investor contribution must meet program-defined minimums (verify with program administrator) - No Double-Dipping: Cannot combine with other government equity incentives for the same investment - Reporting Requirements: Business must provide financial statements and investment documentation - Eligible Investor: Investor must be a Canadian resident or Canadian-controlled entity - Timeline: Application and rebate processing typically occurs within 90-180 days of verified investment - Clawback Provision: Rebate may be recoverable if business misrep
About this program
Grow your business by offering potential private-sector investors a 20% direct rebate, to a maximum of $200,000, on the purchase price of their equity investment in your company.
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