Government support programs for companies impacted by COVID-19 may have eased the financial strain on many Canadian technology startups, but as the third quarter of the year begins, companies should be planning for the, in many cases, unexpected effect of these programs on their SR&ED position beyond the pandemic. Understanding how government support can affect your future SR&ED will help you better estimate your finances, avoid surprise deductions, and strategize to maximize government incentives.
- The effect government support such as wage subsidies and IRAP has on your SR&ED claim
- How to maximize your SR&ED claim and government incentives
- How to prepare for a potential review in 2021
- How to leverage your SR&ED refund before filing your claim
Bryan is Partner at Flow Ventures, a boutique SR&ED consulting firm that supports many of Canada’s fastest-growing companies. He reviews funding/grant applications for and advises all levels of government. Bryan helped create the Angel investor ecosystem in Canada and is also Managing Director of CleanTech North and Director of the Ontario Clean Technology Industry Association.
Garron is CEO of Venbridge, a venture debt fund that helps founders grow their Seed and Series A startups with non-dilutive financing backed by SR&ED tax credits or grants. As a SR&ED expert, Garron has helped hundreds of companies identify their SR&ED opportunities and capitalize on them.
Adnan has 10 years of experience in SR&ED Finance Claims Preparation and Audits for over 300 companies ranging from start-ups to multi-billion dollar companies.