Unlocking Green Growth: An Investor’s Guide to Canada’s 2023 Cleantech Tax Credits

Unlocking Green Growth: An Investor's Guide to Canada's 2023 Cleantech Tax Credits

Reading time: 7 minutes. The business of clean technology is entering a new stage. Spanning sectors from fintech to mining, cleantech companies operate anywhere there’s waste. From the production of clean hydrogen to technology like solar panels or electric cars, the cleantech industry is unique in its applicability and scale. It’s unsurprising that the global cleantech … Read more

5 SaaS Metrics You Need to Check Today

SaaS Metrics to Focus On

Reading time: 8 minutes “If you cannot measure it, you cannot improve it.” This famous quote from Lord Kelvin particularly resonates with running a SaaS business. The industry is projected to grow to $623.3 billion by 2023. Running a successful SaaS business is all about understanding different metrics such as churn rate, Customer Acquisition Cost, … Read more

Client News: Plantiga Raises $1.2m to Launch Individual Movement Health Monitoring

Plantiga

Venbridge congratulates Plantiga on closing US $1.2M in funding led by led by Harlo Equity Partners with participation from Globalive Capital Partners, Rian Gauvreau, and a group of professional athlete investors from the Athlete Tech Group ecosystem that includes Thaddeus Young, Patrick Patterson, and Will Fuller. On a mission to understand and optimize human movement … Read more

Venbridge Insights: Why are fewer New Small Businesses filing SR&ED claims?

Less Small Companies Are Applying for SRED

Each year about 20,000 Canadian businesses file for Scientific Research and Experimental Development (SR&ED) tax credits. The data shows that the number of claimants over the past 3 years has been relatively stable. That said, one telling measure of Canada’s ability to promote innovation and nurture new businesses is the number of new SR&ED claimants … Read more

Why You Should Focus Your SaaS Marketing Budget on Customer Retention

Why you should focus your marketing budget on customer retention

Reading time: 7 minutes. For any business, losing a customer means losing money. Growing early-stage companies need a steady flow of income to pay for their day-to-day. Beyond that, if your SaaS company is looking for equity funding or debt financing, you’ll also need to show strong customer acquisition and retention numbers to entice investors … Read more

Venbridge Insights: Innovation on The Rise in Canada? SR&ED Statistics Tell A Different Story

Venbridge insights innovation on the rise in canada sred statistics tell a different story

Reading time: 4 minutes. Hearing what leaders in Canada say about encouraging research and development, we should all think that Canada’s digital economy is rocketing along. Sadly, statistics on the number of SR&ED claims tell another story. The numbers show that the largest tax incentive program for R&D continues to decrease in popularity. In fact, … Read more