Posts Tagged ‘sred’

November 2 Toronto Seminar: The Government Can Be a Source of Non-Dilutive Financing for Your Startup

Don’t miss an opportunity to learn about how SR&ED tax credits, non-repayable grants and interest-free loans can give your early-stage company the edge it needs to finance growth.

If you need to extend your runway, consider doing so in a non-dilutive manner by taking advantage of government funding.

Join us for a free seminar on November 2, 2016 that will cover the following topics:

  • Scientific Research and Experimental Development (SR&ED) tax credits
  • Industrial Research Assistance Program (IRAP) funding
  • Ontario Centres of Excellence (OCE) funding
  • Federal Development Investing in Business Innovation (IBI) loans
  • Business Development Bank of Canada (BDC) support
  • Structuring your company to take advantage of Canadian funding opportunities

When:
November 2, 2016
5:00 – 5:15 p.m. : Registration
5:15 – 6:30 p.m. : Seminar with Q&A
6:30 – 7:15 p.m. : Networking and Refreshments

Where:
Aird & Berlis LLP
Brookfield Place, 181 Bay Street, Suite 1800 – Toronto (map)

Booking/ Registration:
Please RSVP online

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November 2 Seminar: The Government Can Be a Source of Non-Dilutive Financing for Your Startup

Aird and Berlis poster for Nov 2016 seminar

Financing a startup company for innovation or growth has always been a challenge for many in Canada. However, what we lack in VCs is made up for by our plethora of government funding sources. Both the federal and provincial governments provide financial support through over $20 billion in various funding programs each year. If you need to extend your runway, consider doing so in a non-dilutive manner by taking advantage of government funding.

Join us for a free seminar on November 2, 2016 to learn about how sourcing funding from SR&ED tax credits, non-repayable grants and interest-free loans can give early-stage companies the edge they need to finance growth. This seminar will cover the following topics:

  • Scientific Research and Experimental Development (SR&ED) tax credits
  • Industrial Research Assistance Program (IRAP) funding
  • Ontario Centres of Excellence (OCE) funding
  • Federal Development Investing in Business Innovation (IBI) loans
  • Business Development Bank of Canada (BDC) support
  • Structuring your company to take advantage of Canadian funding opportunities

When:
November 2, 2016
5:00 – 5:15 p.m. : Registration
5:15 – 6:30 p.m. : Seminar with Q&A
6:30 – 7:15 p.m. : Networking and Refreshments

Where:
Aird & Berlis LLP
Brookfield Place, 181 Bay Street, Suite 1800 – Toronto (map)

Booking/ Registration:
Please RSVP online

Speakers:

Gerry Fung
CPA, CMA, P.Eng. Vice President, Business Services at NorthBridge Consulting Services Inc.

 

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NorthBridge Summer 2016 Newsletter

Lean Six Sigma Innovation

Direction

Editor’s Welcome — Lean Innovation: The Art of Making Less Into More

Continuous improvement in business is about more than just a set of operational principles to increase efficiency. It is a mindset, and a coprorate culture that is always geared towards finding better, more innovative solutions… Read more.

JIT

JIT, TPS, and the Roots of Lean Six Sigma

Lean Six Sigma is a management methodology that was proceeded by the ‘The Ford System’ and the ‘Just-In-Time’ (JIT) system that were developed to increase value in automotive manufacturing. Henry Ford developed the ‘The Ford System’ for producing the Model-T… Read more.

Henry

Guest Editor Spotlight: Henry Foppoli

As an Engineering Manager at NorthBridge Consultants for over five years, Henry manages a team of government funding specialists and assists clients in various industries such as automotive, plastics, tool and die, civil engineering, pulp and paper, oil and gas, and food… Read more.

Lean Six Sigma

Lean, SR&ED, and Innovation

Over the last century, Lean Six Sigma management principles have been successfully adopted by numerous companies of varying sizes and across diverse industries to gain an advantage in an extremely competitive environment… Read more.

Process Improvement

The Future of Lean Manufacturing

Lean Six Sigma management philosophy was born in a manufacturing sector from the realization that much time and resources are wasted on transportation, unnecessary movement, idle time, defects, over-processed goods, overproduction and inventory… Read more.

GDP

Creating Value in Transactional Businesses

Lean Six Sigma emerged in a manufacturing environment, but there is a growing trend of companies in the transactional industry implementing Lean Six Sigma practices. A wide variety of businesses including banks, insurance companies, hospitals… Read more.

Lean Startup

Preventing Financial Losses in SMEs and Start-Ups

Inspired by the high efficiency of large lean companies, small- to medium-sized enterprises, including start-up companies, have been adopting Lean Six Sigma management principles in order to develop high value processes with minimal waste… Read more.

Oil

Enhancing Innovation in Large Companies

One of the main challenges currently facing large established companies is maintaining a balance between achieving incremental product/service improvements with existing products/services for growing the current target market… Read more.

Innovation

Lean Innovation Leaders

Today’s business leaders face a range of challenges from domestic and international competition to changing consumer needs and global economic turmoil. The demand for innovation, both on the shop floor and in the board room, is strong… Read more.

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Upcoming Seminar- Leveraging SR&ED to Reduce Patent Application Costs

Exploiting synergies between SR&ED/IRAP and patent applications can save time and resources

Many people don’t realize that significant parallels exist between what is required for a SRED/IRAP filing and for a patent filing. Join experts from Northbridge Consultants, a professional engineering firm and subject matter expert on government funding, and PCK, a leading boutique intellectual property firm, and find out how you can efficiently combine your SRED/IRAP and patent application processes.  The seminar will include a discussion about the requirements for the SRED and IRAP programs, about the fundamentals of intellectual property protection, and about how the application process for each filing can be combined into a single process, allowing you to coordinate actionable tasks within relevant time periods. [ Register now for this free seminar]

When: Thursday, June 23, 2016

Seminar location: 

Treehaus Collaborative Workspace
79 Joseph Street
Kitchener, Ontario

Time: 1pm – 3pm

Speakers:

andrewcurrier

Andrew Currier, BSEE, LL.B., P.Eng.
Co-Founder and CEO
PCK | Perry + Currier Inc. | Currier + Kao LLP
Ph: 519-883-0035 x109
Email: currier@pckip.com

Gerry_WP

Gerry Fung, CPA, CMA, P.Eng.
Group Manager, Business Services
NorthBridge Consulting Services Inc.
Ph: 519-623-2486 x242
Email: gerry@northbridgeconsultants.com

 

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Gravitational Wave Astronomy and the New Space Economy: R&D in Spacetime

On February 11th 2016, the Advanced Laser Interferometer Gravitational-wave Observatory (LIGO) team announced that on September 14, 2015 at 5:51 a.m. Eastern Daylight Time (09:51 UTC) they detected gravitational waves from two black holes merging approximately 1.3 billion light years from Earth by both twin Laser Interferometer Gravitational-wave Observatory (LIGO) detectors, and named the event signal GW150914 (Gravitational Wave 2015-09-14).

As the first observation of a binary black hole merger, the detection of GW150914 confirms the existence of binary stellar-mass black hole systems, and the occurrence of such collisions within the current span of the universe (approximately 13.8 billion years). According to David H. Reitze, executive director of the LIGO Laboratory, the detection of gravitational waves “accomplishes an ambitious goal set out over 5 decades ago to directly detect this elusive phenomenon and better understand the universe, and, fittingly, fulfills Einstein’s legacy on the 100th anniversary of his general theory of relativity.”

Basic_michelson_with_FP_and_PR_labeled

Above- Basic Michelson Interferometer with Fabry Perot cavities and Power Recycling mirror. Source: LIGO’s Interferometer | LIGO Lab | Caltech

Technology for Hearing Spacetime Music

This monumental discovery was made possible by the innovative technological capabilities of LIGO’s Interferometer, the world’s largest and most sensitive device measuring the miniscule disturbances that the waves make to space and time as they pass through the earth.

Building on the technology of the Michelson Interferometer device first invented in the 1880’s, the LIGO Interferometer features 4km long arms, 360 times longer than the original device, with the integration of “Fabry Perot Cavities” for increased sensitivity as well as an enhanced laser power for increased resolution. The increased arm length of the device allows the lasers to travel further, thereby, increasing instrumental sensitivity to vibrations. The “Fabry Perot Cavities” span the length of the arms with additional mirrors on each arm end and the beam splitter perfectly aligned to reflect laser beams back and forth 280 times prior to merging with the beam on the other arm. This enables the interferometer to store light for longer durations, and increase the travel distance of lasers to 1120km (144,000 times larger than the original Michelson interferometer). Increased resolution is achieved by a “power recycling” one-way mirror which allows light to pass through, split along the arms and reflect back into the interferometer, thereby, boosting laser power from 200W to 750kW.

Event horizon of Gravitational Wave Astronomy Research

The detection of gravitational waves, in addition to the recent discovery of the Higgs Boson confirmed on March 14th 2013, brings forth a new era of astrophysics, gravitational wave astronomy, and aerospace technology. This, in turn, inspires policy reform and funding opportunities for research and development as countries race to the forefront of discovering space and, perhaps, even the origins of our existence.

The Canadian aerospace manufacturing industry includes civil and defense activities, space systems manufacturing, satellite operations as well as value-added applications, altogether contributing over $29B to the Canadian GDP in 2014.

In order to continually stimulate commercialization of Canadian space companies and secure a significant share of the New Space Economy, the Canadian government provides support to the industrial space technology private sector through direct government investment as well as through the federal Scientific Research & Experimental Development program (SR&ED),

The SR&ED program is a pivotal incentive for Canadian aerospace companies to continue investing in R&D; however, multiple direct government investments are also available including the Strategic Aerospace and Defence Initiative (SADI) as well as the Canadian Space Agency’s (CSA) Class Grant and Contribution Program to Support Research, Awareness and Learning in Space Science and Technology and the Space Technology Development Program (STDP). These programs provide financing for breakthrough technologies and help to enhance industry competitiveness and capabilities.

As we continue to make giant strides in scientific discoveries, technological advancements and ultimately, understand our place in the universe, we must remember to remain guided by the basic principles that define our humanity to “learn from yesterday, live for today, hope for tomorrow. The important thing is to not stop questioning” – Albert Einstein

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  • NorthBridge Consultants' Government Funding Blog is dedicated to bringing businesses news and information to help them identify and access the most appropriate government funding programs.

    We offer opinions and insider information that can provide a pulse on government initiatives, the health of the Canadian economy, and firsthand thoughts from Canadian business owners.

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