Rocket Builders

          Rocket Builders is a management consulting firm providing sales and marketing services.  With a focus on helping technology companies to grow and prosper, Rocket Builders has a proven track record of success with its clients.  Since 2000, we have been engaged in market research, market planning, business development initiatives, strategic selling, and product launches for over 200 organizations.

          The Rocket Recognition Program features two branded lists of companies.  The “Ready to Rocket” list profiles information technology companies with the greatest potential for revenue growth in the coming year.  The “Emerging Rockets” list profiles technology companies from multiple technology sectors with great potential for investment and market breakthroughs in the coming year.  Both lists are predictive of future success making them unique in approach and unique in value for our business audience.


An Evaluation of the Venture Capital Program in British Columbia

The study focuses on the economic and financial performance of the companies in the program, including a comparison of the tax credits received versus the taxes paid by these companies.  This report was prepared for the Ministry of Small Business, Technology and Economic Development by UBC Sauder School of Business, and UVic Department of Economics, in close cooperation with Rocket Builders. 

Key Findings:


  • Estimates suggest that for every $1 of provincial tax credits issued, recipient companies generated $1.98 in provincial taxes; and for every $1 of Canadian (i.e., combined provincial and federal) tax credits issued, they generated $2.92 in Canadian taxes.

  • The BC tax multiplier was lower for the non-retail portion because the federal government does not carry any of the tax credit costs for the non-retail segment

  • The two largest tax items were PST, which accounted for 35% of all tax revenues, and federal income taxes paid by employees, which account for 31%.

  • Combined provincial and federal corporate taxes accounted for less than 3%.


  • Companies in the program generated on average of 2.43 new jobs every year

  • Net job creation persists every year and they are full time, 93% in BC

Key Recommendations:

  • Support both market segments: At present there are budgetary restrictions that prevent the use of funds across segments

  • Greater budgetary flexibility where unused credits could be rolled over for several years

  • The federal government should participate in the costs of the EBC and VCC programs

  • Moderate increases of investment limits, and suggest introducing a system of supplementary allowances in years where the budget is unlikely to be fully used

  • Raising the investor limit in proportion to the company limit, so as to allow companies to raise more without having to reach out to a larger number of investors

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