The Mid-Island Science, Technology & Innovation Council (MISTIC), 150 Commercial Street, Nanaimo, is working in partnership with the BC Angel ForumT and BC Investment Capital Branch to offer an Investor ReadyT Workshop. This informative educational workshop will assist you with becoming investor ready in preparation for the Angel Forums scheduled to take place on March 8, 2011, and in late June 2011. The Investor ReadyT Workshop in Nanaimo will be on Tuesday, January 11, 2011, from noon to 5 pm, beginning with a networking lunch.
The Investment Capital branch of the BC Government has launched a new initiative to develop sustainable Angel Investor networks in BC’s regions. The objective is to increase access to capital for early stage companies by assisting local investors to invest in and mentor local companies, which will contribute to the economic sustainability within the region.
One popular incentive for investors, is a thirty percent investment refundable BC Government tax credit where a $50,000 investment by a BC investor in an eligible BC company, results in a thirty percent refund back to the investor, for a net cost of $35,000 on a $50,000 value investment. This incentive has been under-utilized by companies and investors in the regions outside of Vancouver and Victoria with only 10% of the overall total being used.
MISTIC is offering this unique opportunity to regional entrepreneurs at a cost of $35 per person until January 4, 2011. After January 4, the cost is $50 per person. Pre-registration is required. For more information, contact the MISTIC office at 250-753-8324 or 877-664-7842.