Category: Grants

Starting the New Year Right for Your Business

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

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Debt vs Equity Financing

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

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A Startup Founder’s Guide to Non-Dilutive Financing

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

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The Ins and Outs of Applying for Government Funding OKR Financial

The Ins and Outs of Applying for Government Funding

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

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Provincial Tax Credits for Businesses in Canada OKR FInancial

Provincial Tax Credits for Businesses in Canada as of August 2021

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

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Federal Tax Credits in Canada as of July 2021. OKR Financial

Federal Tax Credits in Canada as of July 2021

Tax season is a stressful time, but we shouldn’t forget the great opportunities that come along with it – tax breaks or benefits. There are many tax credits available to businesses, but finding the tax credits applicable to you can be time consuming and confusing. So, we’ve done the work

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SRED Consultant Board Meeting

Hiring Grants Available For Seed Stage Companies- Part I

Federal (2021 Edition) The best and first non-dilutive government funding for an early-stage company should be hiring grants. Pre-seed or seed-stage founders (less than 2 years)  often ask,  “Is there a hiring grant available for us?”  The answer is yes! Before diving into each grant, it is important for us

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Guy looks at SR&ED Application on computer

SR&ED Tax Credits and IRAP Grants Explained

Two of the most popular Government incentive programs in Canada is the Scientific Research and Experimental Development (‘SR&ED’) tax credit program and the Industrial Research Assistance Program (‘IRAP’). Both support the growth of Canadian companies and innovation! Even though the programs look similar, they have some key differences. What is

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