Vancouver and Toronto, Nov 27, 2011– Espresso Capital Partners, a provider of alternative financing for growth companies in Canada, announces the first closing of its second Fund based on financing government tax credits .
The $30-million Espresso Tax Credit II Fund was created in response to increasing demand from technology and digital media companies for funding alternatives. Espresso Capital financing can complement or replace traditional equity financing for many companies in Canada.
Espresso Capital is seeking a dynamic individual to lead the business in Ontario and Eastern Canada. The successful candidate will be responsible for growing Espresso’s portfolio and all aspects of managing the client relationship. The ideal candidate is currently involved in the technology finance sector with a minimum of 10 years experience, well connected in the community and possess excellent client management skills.
Experienced tech veteran, director, and former VC joins innovative financing firm.
Espresso Capital Partners is pleased to announce that Paul Cataford has joined the firm as a Partner with primary responsibility for Alberta, Saskatchewan, and Manitoba investments. With extensive experience in technology finance, Paul brings a complete understanding of Espresso Capital’s unique financing solutions to our client’s needs. Paul has been living in Alberta for over 7 years and his business experience and contact base spans NA. more »
Canada’s SR&ED program is currently being reviewed by the federal government and your input is important.
Help us keep SR&ED intact – tell the federal government how it’s important to your company
In December 2010, the federal government convened an Expert Panel to review federal support of Research and Development in Canada. Several organizations provided input earlier this year which, among several recommendations, included the need for continued support of the existing SR&ED program in Canada as a vital part of supporting early stage technology companies.
This posting has nothing to do with Espresso Capital but I think the subject is important enough to reach out to everyone I know in BC, regardless of how distant the connection. This week we have an unusual opportunity in BC to shape public tax policy in a way that occurs very rarely in our lives. Please take it seriously. more »