Jun 07
Written by Gary Yurkovich
The SR&ED (SRED) program for tax credits is one of a small handful of government programs in Canada that in a very direct fashion turn credits into real cash flow and working capital that is non repayable . When business owners find out that they don’t have to wait anywhere from 3-12 months for their refund, and that they can discount, or monetize that tax credit now they are pleasantly surprised.
The question then becomes simply understanding the mechanics and benefits of such a...
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Jan 04
Written by Gary Yurkovich
Struggling investment community is doing a lot of creative thinking to attract funds from gun-shy investors
Original Article written by Curt Cherewayko in Business In Vancouver Jan 5-11, 2010; issue 1054
The closing of new funds and other events in the angel and venture capital investment community are promising signs that B.C.’s investment climate is improving, but don’t expect the financing flood gates to suddenly...
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Dec 16
You’re an inventor and entrepreneur developing a new solution and living off KD and Timmy’s. In Canada this is typical of many new start-ups. Let’s assume you’re a Canadian Controlled Private Corporation (CCPC). There may be a way to add funding for your company even though you may not have enough money to pay yourself.
R&D is subsidized in Canada through the SR&ED program. More info is available here
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Dec 09
VANCOUVER, BC – December 08, 2009: Espresso Capital Partners is pleased to announce the closing of their first fund – the C$2,000,000 SRED Fund I. Espresso Capital Partners is a new and innovative specialty financing firm headquartered in Vancouver BC with operations throughout Canada.
The fund will be used to finance growing, high technology, research and development focused companies using the Scientific Research and Experimental Development (SR&ED)...
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Dec 08
I remember many years ago, when Starbucks opened it is first “international” store in Waterfront station. I believe it was 1989. A colleague and I used to walk down mid- morning or afternoon, excited to be spending $2.00 on a cup of coffee because it was new and hip – something different.
Fast forward to today and the coffee industry in Vancouver is integral part of our everyday life. Every tech hub has its legendary meeting spots where business plans were crafted...
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Nov 08
It has been a long time coming – as I am sure my partners will attest – that our website hit the launch pad and now ready to blast off. Google, come crawl though it!
It has been a long time (almost 9 years) since I sold my business and I was assimilated into the acquiring company. As I was now part of a larger organization, marketing was no longer in my job description. I was able to throw the marketing tactics over the wall to a group of colleagues to execute. It was...
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