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Updated Venture Capital Companies list

Updated Venture Capital Companies list

20 July 2021 – An updated Venture Capital Companies’ list was published. One of the main challenges to the growth of small and medium-sized businesses and junior mining exploration is access to equity finance. To assist these sectors in terms of equity finance, Government has implemented a tax incentive for investors in these enterprises through a Venture Capital Company (VCC) regime.

VCCs are intended to be a marketing vehicle that will attract retail investors. An investor is any taxpayer who qualifies to invest in an approved VCC. They have the benefit of bringing together small investors as well as concentrating investment expertise in favour of the small business sector. There are no special tax benefits for the VCC itself, only standard tax rules will apply. To see the list and for more information, see the Venture Capital Companies webpage.

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