Canada’s commitment to fostering innovation is evident through its Scientific Research and Experimental Development (SR&ED) tax credit program. Designed to incentivize research and development (R&D) activities, SR&ED provides businesses with valuable tax credit incentives. However, waiting for your SR&ED refund can take a significant amount of time, often too long for growing businesses, resulting in … Read more
As 2024 takes shape, businesses across Canada eagerly await news about the Federal government’s proposed Clean Tech, Clean Hydrogen, and Carbon Capture, Utilization, and Storage (CCUS) tax credits. As of August 4, 2023, the government has introduced draft legislation and is finalizing details for the official implementation of the incentive programs. Below, we’ll review the … Read more
Reading time: 4 minutes One common challenge for growing Canadian businesses is managing cash flow. Funds must be available on a schedule that allows them to maintain their current work and grow. However, all sources of capital have advantages and disadvantages, and it’s critical to consider each option carefully. At Venbridge, we aim to help … Read more
Reading time: 4 minutes To ensure Canada is a global player in the market, the federal and provincial governments offer several tax credits to eligible businesses. These tax credits support companies so they can conduct groundbreaking research, yield higher earnings, increase their share in the market, and enhance productivity. Business tax credit financing is a … Read more
Reading Time: 4 minutes If you’re ramping up your development efforts and looking to expand your capital stack, filing for government incentives like the Scientific Research and Experimental Development (SR&ED) program can be a great way to increase your funds without the risks and equity sacrifices that can come with venture capital and other external … Read more
Reading time: 5 minutes. Have you considered the benefits of partnering with a consultant when applying for the Scientific Research and Experimental Development (SR&ED) Program in Canada? As the country’s largest source of government funding for research and development (R&D), SR&ED is designed to help businesses and researchers offset some of the costs associated with pursuing … Read more
Wondering how you can make the most of your SR&ED loan and maximize your return? As a valuable source of funding for R&D projects across British Columbia and Ontario and development hotspots throughout Canada like Calgary, Montreal and Halifax, SR&ED tax incentives can help carry your business through vital stages of growth. Knowing how to … Read more
Reading time: 4 minutes. If you’re looking to make the most of your Research and Development (R&D) initiatives in 2023, knowing how to increase and extend your funding is essential. At Venbridge, we’re proud to partner with companies across Canada to offer trusted non-dilutive venture debt solutions that allow you to pursue innovation and development … Read more
Reading time: 4 minutes. After wrapping up Q1 of 2023, businesses across Canada face the continued question of how best to fund their Research and Development (R&D) initiatives. With a particularly aggressive market demanding more businesses and a notable slowdown in venture capitalist funding, leveraging government-available funding like the Scientific Research and Experimental Development program (SRED) … Read more
Has your company considered applying for or previously received Canada’s Scientific Research and Experimental Development (SR&ED) tax credit? As the country’s largest source of research and development (R&D) focused tax incentive, the SR&ED program provides valuable resources for companies across the nation, particularly in innovation hotspots like British Columbia, Ontario and Montreal. Each year, the … Read more