Find out the latest about grants and grant financing in Canada.
Reading time: 5 minutes If you’re a small or medium-sized business in Canada, government initiatives exist to support your growth and innovation. Whether it’s a new type of software or advanced manufacturing technology, one of the government’s goals is to help Canadian businesses take their ideas to market. This supports wealth creation and economic growth … Read more
Reading time: 4 minutes There are hundreds of government and private grants available to small companies and startups in Canada. These financing options assist ventures without entrepreneurs needing to give up equity or take out high-interest loans. Companies can use these grants to hire and train employees, improve R&D, advertise, purchase equipment, etc. However, grants … Read more
Is Canadian Innovation in Decline? According to the 2017 Global Innovation Index (GII), which measures how innovative over 130 countries are, Canada has fallen from 15th place in 2016, to 18th place in 2017.1 The Global Innovation Index acknowledges that “Canada excels in ease of starting a business and quality of scientific publications, while its … Read more
What is recurring revenue financing? ‘Recurring revenue’ refers to the portion of a business’s revenue that is most predictable, stable, and likely to continue. Typically recurring revenue is either services revenue or revenue that clients pay for software as a service (SaaS). SaaS companies have historically required significant up-front cash to build and deliver the … Read more
DIY SR&ED: Money-saver or potential disaster? Preparing an SR&ED tax incentive claim without the assistance of a consultant may appeal to many claimants. There are many RTAs (Research and Technology Advisors at the CRA) that will encourage “do-it-yourself” (DIY) SR&ED claims. Consultant-Free SR&ED: The Benefits More money for innovation Everyone gets to know SR&ED The … Read more
As every news outlet in the country starts to weigh in on the 2018 Federal Budget, I thought I’d share my two cents from the Venbridge office. The 2018 Canadian Federal budget will have quite a significant impact on SME’s. IRAP has a lot more money to allocate, women in technology are receiving a number … Read more