The Scientific Research and Experimental Development (SR&ED) tax credits are a valuable tool for entrepreneurs in Canada looking to grow their businesses and stay ahead of the competition. The program provides financial support for research and development activities, allowing entrepreneurs to invest in their businesses, attract and retain highly skilled
The life sciences industry remains challenging for investors and entrepreneurs alike. New funding sources are emerging and an increasing number of VCs and debt providers specializing in life sciences are now active in the Canadian market. Nevertheless, getting funding for your company remains a challenge for most early-stage founders. We
We interviewed Rowena Rizzotti, Healthcare & Innovation Vice President of the Health and Technology District by Lark Group, to learn about the current health tech landscape, including COVID-19’s impact on today’s staff shortages, new digital health options being adopted, and how this affects those looking to innovate. With over 35
The start of a new year is the perfect time to evaluate your company’s finances and plan ahead for a year of growth and success. Given the unpredictability of the world we live in, there is no such thing as over preparation when it comes to planning for unexpected financial
When seeking capital for your business, understanding the difference between debt and equity financing can help you weigh the pros and cons and apply for the one that best suits your needs. Accessibility to funding, economic climate, existing capital structure, and business ownership are just some factors that influence the
Non-dilutive financing is an attractive funding option for startup founders and small to medium-sized business owners seeking financing that does not require them to give away equity or ownership in their company. While for many businesses non-dilutive funding is crucial for getting their startup off the ground, it is also
Canadian government grants can provide critical support to small businesses, investors, non-profits, and research institutions. These funds exist to save you money while helping you scale up your business. Read on for some tips that may help ease the pain of applying for government funding. Understanding the funding source The
As a startup founder, you may be a Type A kind of person who loves control and prefers to do everything yourself. But that’s not a sustainable plan, especially in the fast-moving world of business. As your business grows, you’ll need to hire the right people to help you out.
Whether you’re making revenue or needing capital to scale, financing is crucial to giving your SME a longer runway. Follow our tips below to make finding that funding a little bit easier. Network, network, network It’s never too early to get out there and meet the key people in your
Last month we shared different tax credits available across Canada. However, we’ve only covered federal tax credits so far, and luckily for entrepreneurs, provincial governments have even more tax credits only available to local businesses. Each province has goals and industries specific to the area, but the overarching objective of
