Half of startups don’t take full advantage of government funding

A recent study reveals that almost half of startups don’t take full advantage of available government funding such as Scientific Research & Experimental Development (SR&ED) tax credits and Industrial Research Assistance Program (IRAP), even though they allow companies to recuperate a large portion of the salaries invested in R&D. One of the reasons given for not applying to these programs is the fact that many entrepreneurs believe that they are too small to invest time and money in such an endeavor. However, with the help of experts like Emergex, it is possible for very small companies to apply to these tax credits and subsidies with an investment on only a few hours by the entrepreneur.

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Testimonials

Colin Duetta - IOU Concepts

Colin Duetta – IOU Concepts

The team members from Emergex SR&ED Subsidies showed an intricate and overwhelming knowledge of the SR&ED incentive program, both from a technical and financial perspective, especially in information technology industry. In the last 3 years, I personally referred 3 software development companies to Emergex and have received nothing but positive feedback concerning their professionalism.