It’s not easy to take an idea and turn it into a reality.
The truth is that being an entrepreneur will test you in ways you didn’t think possible, but at Accelerate Okanagan, we want you to pursue it anyway. And the good news is that you’re not alone. There are a ton of resources, funding opportunities and support organizations available to help entrepreneurs in the Okanagan who are ready to take the plunge.
Research and Development is core to the innovation process for many entrepreneurs and their teams. If R&D shows up in your organization, you could be eligible for the SR&ED Tax Credits. SR&ED stands for Scientific Research & Experimental Development, it is a Canadian Research and development tax credit where companies doing R&D can claim back a percentage of salaries, sub contractors and materials on an annual basis.
Navigating the SR&ED process and ensuring you get the most out of the tax credit takes time and energy, but it doesn’t have to be difficult. Boast has a team of experts with experience to help you and your team prepare and defend your R&D Tax claim. They can make things easier by authoring your technical reports, reviewing claims and eligibility, and ensuring you maximize your claim. What’s better? Boast’s product makes it easy to automate your software and integrations to ensure you are getting the most from your innovation investments.
Boast’s AI powered platform gathers data from your technical and financial systems to identify and categorize eligible projects, time, and expenses—estimating along the way instead of only at the end—and getting you more money, faster, for less time and risk. On top of all this, Boast also has founder friendly growth capital and runs incredible events.
Want to learn more?
I’m happy to connect directly to talk more about SR&ED and other available opportunities.Connect with Alex