Posts Tagged ‘Northbridge Consultants’

Delta, BC Government Funding Seminar a Success

NorthBridge would like to thank the attendees, the Delta Chamber of Commerce and the National Research Council (NRC) Concierge Service for helping make yesterday’s breakfast seminar a success!

Jaap Siekman, our Regional Manager of Western Canada, together with Erik Kaas, Innovation Advisor for the NRC Concierge Service, delivered an informative presentation on the multitude of government funding opportunities available to support growth and innovation within companies. Company representatives from various industry sectors were able to learn about the recent advancements in government funding programs, as well as develop an understanding of the programs that best fit their corporate needs and goals.

If you would like more information about what was discussed in the seminar or to hear about upcoming events, please contact us.

Funding Webinar: Optimizing Returns from Multiple Government Funding Sources

We invite you to join us for our upcoming information session!

Domestic and international competition is forcing Canadian businesses to develop new or improved products, increase productivity and expand sales in global markets. Financing for innovation or growth has always been a challenge for many companies in Canada. Both the federal and provincial governments provide their financial support through over $20 billion in various funding programs each year. Sourcing funding from both SR&ED tax credits and other direct government incentive programs can give companies the edge they need to take their business to the next level.

WHEN: Thursday, November 26, 2015
WHERE: Online @ 11:00am EST

Learn About:

  • Types of government funding opportunities
  • Eligibility for financing, funding, and tax credits
  • Optimizing your returns from multiple government funding programs
  • Compliance issues between SR&ED and other government funding sources

Click here to register for this informative webinar!

Speaker

Gerry Fung, CPA, CMA, P.Eng.
Group Manager, Business Services

Successful Abbotsford Seminar on Government Funding

On Thursday September 30th, NorthBridge partnered with the Abbotsford Chamber of Commerce and the National Research Council of Canada (NRC) Concierge Service to deliver a breakfast seminar on numerous government funding opportunities.

Company representatives from various industry sectors were able to learn about the most recent advancements in direct and indirect government funding programs, as well as gain a deeper understanding of the opportunities that best fit their corporate needs and goals.

Northbridge would like to thank all the attendees, the Abbotsford Chamber of Commerce as well as Erik Kaas, Innovation Advisor for the NRC Concierge Service, for helping to make the seminar a success.  If you would like more information about government funding programs or to reserve your spot for our next seminar, please contact us.

Upcoming Breakfast Seminar on Government Grants in Abbotsford, BC

Join us at the Abbotsford Chamber of Commerce on Wednesday, September 30th for a free breakfast and Seminar on Government Funding presented by our Regional Manager for Western Canada, Jaap Siekman, as well as the Innovation Advisor for the National Research Council of Canada Concierge Service, Erik Kaas.

Time: Wednesday, September 30, 2015
7.30 am- Breakfast and Networking
8.00 am- Presentation and Q&A

Location: Sevenoaks Shopping Centre, 2nd Floor Boardroom.
32900 South Fraser Way, Abbotsford (Enter by Chatters and Walk left)

[Online registration]

This seminar will cover a variety of options for leveraging government grants and loans in addition to a special presentation on SR&ED tax credits for Research and Development.

There exists an expanse of Canadian business funding programs targeting business growth, innovation, and workforce development, for companies in various industries, from manufacturing to digital media, plastics and chemicals, food processing, and biotechnology. Sourcing funding from various programs can give companies the edge they need to secure a competitive advantage and take their business to the next level; however, navigating through the government funding system and staying up to date with new program developments can be challenging while also trying to contend with everyday business operations.

NorthBridge Consultants has been assisting companies in accessing government funding for over 20 years. As one of the largest independent government funding consultation firms in Canada, our objective is to maximize the government funding potential for our clients in accordance with corporate objectives.
Please note that online registration for the seminar is required for catering purposes.

Linking Government Grants to SR&ED: Business Expansion

In order to sustain a thriving economy, the government of Canada continually invests in business growth and expansion through various direct and indirect sources of funding. Over the past five years approximately 35% of Canadian gross domestic expenditure on R&D was financed by both direct and indirect government funding initiatives. Although the majority of financing is in the form of indirect funding, such as the SR&ED tax credit program, the Canadian government has recently increased emphasis on direct government funding sources such as repayable and non-repayable grants. Direct and indirect funding sources can work together to provide solutions for business growth at various stages of advancement from product development to global market expansion, thereby, enabling businesses to continually improve and grow.

Large-scale business expansion projects may be eligible for direct funding in the form of a repayable, interest-free loan through the Investing in Business Growth and Prosperity (IBGP) program. The IBGP program helps established business with global market share potential and innovative prospects to increase competitiveness and growth as well as create jobs by supporting the implementation of new technologies/ processes in addition to expansion of existing markets and facilities.

After the expansion project is complete, eligible SR&ED expenditures related to experimental development can generate indirect funding via Investment Tax Credits (up to 35% of eligible expenditures for CCPC’s and 15% for foreign owned/ public corporations) for costs already incurred. This provides a source of annual funding or tax savings that can be re-invested into innovation and growth.

Various funding opportunities may be leveraged in conjunction to suit the specific objectives and needs of your company. Our NorthBridge team of business analysts can help identify eligible projects for both SR&ED and grant funding programs. We also assist with the completion of application information, the preparation of financial information, the creation of business plans, and the required reporting after application submission.

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