TORONTO, ON. September 6th, 2022
Venbridge has appointed Bryan Watson as Senior Vice President of Business Development to build on the leading provider’s Scientific Research and Experimental Development (SR&ED) financing and other non-dilutive financing products.
“The demand for alternative financing in Canada is accelerating, particularly with the recent slowdown in venture capital investment,” said Garron Helman, CEO of Venbridge. “Bryan has been a fixture in the Angel, Venture Capital, SR&ED and cleantech spaces for many years and will leverage Venbridge’s ability to get more growth capital into the hands of Canadian innovators.”
Bryan has more than 18 years of experience helping Canadian SMEs access the capital they need to grow, most recently as a Partner at Flow Ventures, a tax credit advisory firm specializing in the documentation and preparation of SR&ED tax credits. Bryan is also the Managing Director of CleanTech North and a Founding Board Director at the Ontario Clean Technology Industry Association. He has served as a Director on several boards, including as Executive Director of the National Angel Capital Organization, and as an advisor to and reviewer for funding programs at all levels of government. The Canadian cleantech sector recently recognized Bryan for his notable work in the sector with a 2021 Clean50 Award.
“I admire what Garron and the Venbridge team have done to support startups and scaleups in Canada,” said Bryan. “I look forward to helping the company continue its mission of providing innovative financial solutions to Canadian companies seeking alternative funding sources that will allow them to continue contributing to Canada’s innovation economy. Such solutions will be critically important during this new phase in the economic cycle.”
In this new role, Bryan will manage strategic partnerships and sales, ensuring that Venbridge reaches more Canadian businesses seeking capital to fund research and development projects.
Venbridge is the leading venture debt provider in Canada. Venbridge offers cost-efficient, non-dilutive financing to aspiring technology companies. Venbridge provides flexible funding options backed by SR&ED and other tax credits, grants, and recurring revenue. Venbridge’s financing solutions put founders in charge of their businesses and allow them to maximize their government tax incentives, better manage cash flow, and invest in the areas they need.