Tag: credit
NowVertical secures $7 million CAD credit facility, completes Acrotrend, Smartlytics acquisitions
NowVertical acquires more capital to fuel acquisition strategy. Toronto-based data software and services company NowVertical has secured a $7 million CAD credit facility from…
Statements from Alberta innovation minister cast doubt on return of investor tax credit
Glubish: “the AITC was not working to create long-term sustainable tech companies.” That Alberta’s government cares deeply about the success of the province’s tech…
Customer experience platform Alida secures $60 million USD credit facility
With a new Edmonton office, Alida sets sights on the rest of North America and beyond. Vancouver-founded SaaS startup Alida has secured a $60…
NorthOne raises $92.1 million CAD to build new working capital, credit products
Toronto-founded NorthOne moved its HQ to New York to serve its American client base. Canadian-founded FinTech startup and challenger bank NorthOne has announced the…
Borrowell launches credit building program for renters
The program allows users to self-report rental payments. Toronto-based FinTech startup Borrowell has launched a credit building program to help renters build credit history…
Boast.ai leadership transition makes Alok Tyagi CEO to scale R&D tax credit company
Boast.ai co-founders Alex Popa and Lloyed Lobo will remain on the board. Boast.ai has a new CEO to boast about. The Vancouver-founded company has…
PayTic raises $2.95 million to help banks, credit unions centralize program management
PayTic wants to remove Excel spreadsheets from payment reconciliation. Charlottetown-based PayTic has secured $2.95 million in an investment round led by Build Ventures, a…
Think Research to continue acquisition spree with new $25 million credit facility
Think Research has been actively purchasing companies since its TSXV debut. Think Research has entered into a credit agreement with Beedie Investments, allowing the…
Saskatchewan budget light on overall innovation investments but increases startup tax credit
Province combines two innovation organizations hoping to create jobs, attract startups. Unlike some other, recent provincial budgets, Saskatchewan’s 2022-23 budget came in light on…
What businesses are getting wrong about SR&ED tax credit claims
Mistakes and lack of planning cost businesses hundreds of millions of dollars a year. The Canadian Government Scientific Research and Experimental Design (SR&ED) program…