How do I apply for Small Business Investor Tax Credit Program?

Visit Government of New Brunswick, Department of Finance and Treasury Board's website for application instructions.

Who administers Small Business Investor Tax Credit Program?

This program is administered by Government of New Brunswick, Department of Finance and Treasury Board.

Are there similar programs to Small Business Investor Tax Credit Program?

Yes! Canada Grants Database has similar programs in the Tax Credits & Incentives category. Browse our database to find more options that match your needs.

Small Business Investor Tax Credit Program

Government of New Brunswick, Department of Finance and Treasury Board

📊 Tax Credits & Incentives🗺️ Provincial🏪 Small Business📈 Growth🌱 Early-Stage

Tax credit to drive New Brunswick business investment

Funding

$500 - $125,000

Deadline

Mar 31, 2026

Status

Rolling Intake

What Is This Program?

Tax credit of 50% on investments up to $250,000 for individual investors and a tax credit of 15% on investments up to $500,000 for corporations and trusts on eligible investments in your New Brunswick small business.

What Benefits Are Offered?

tax credit

Provides a non-refundable personal income tax credit to eligible individual investors and a non-refundable corporate income tax credit to eligible New Brunswick corporations and trusts. Individual investors receive a 50% credit up to $125,000 per year (for investments up to $250,000). Corporate and trust investors receive a 15% credit up to $75,000 (for investments up to $500,000). The tax credit can be carried forward seven years or carried back three years.

Who Is Eligible?

Business Size: small, medium

Region: New Brunswick

Other Criteria: Applicant corporations and Community Economic Development Corporations/Associations (CEDC/Associations) must be incorporated or registered to carry on business in New Brunswick., Applicant businesses (including associated corporations/associations) must have net tangible assets less than $40 million., All, or substantially all, of the applicant business's assets and income must be used to generate active business income in New Brunswick., Applicant businesses must pay at least 75% of wages and salaries to New Brunswick residents for four years post-registration (50% if >50% goods/services are exported outside NB)., Applicant businesses must raise a minimum of $10,000 in capital from at least three eligible investors., CEDC/Associations have additional requirements including a constitution outlining their economic development strategy for a defined community, a board of at least six NB resident directors, and are not non-profit/charitable/non-taxable entities., Maximum capital to be raised by a CEDC/Association is $3,000,000 within a 12-month period., Individual investors must be 19 years of age or older and a New Brunswick resident, making a minimum investment of $1,000 and a maximum annual investment of $250,000 for credit purposes., Corporation and Trust investors must have a permanent establishment in New Brunswick, making a minimum investment of $50,000 and a maximum annual investment of $500,000 for credit purposes., Investors must hold shares for a minimum of four years and cannot use government, municipal, or public authority financial assistance for share acquisition., Shares must be newly issued, fully paid, and not 'replacement shares' (defined as shares purchased by an investor who disposed of other shares of the corporation/association after specific dates and before the new issuance).