Location: British Columbia
Amount Financed: >$250,000
Type of Facility: SR&ED Financing
Days to Fund: 9
Use of Funds: A year ago the company shifted their strategy to launch into a mew manrket. The success of this strategy is driving more revenue and a need to invest more heavily in R&D. The non-dilutive capital will provide the funds needed to complete the shift to the new business strategy.