This is a community of early-stage accredited investors who actively invest and support companies in their early and growth phases.
This is the practice of funding a project or venture by raising monetary contributions from a large number of people. As such, crowdsourcing is considered a source of alternative finance.
Funds that entail giving up ownership in one’s company, for example the sale of shares to angel investors or venture capitalists.
These are non-dilutive funding options and can generally be used for hiring, research and development, training, exports etc. Sometimes require matching of funds.
The procurement of goods, services or constructions on behalf of a public authority, such as a government agency.
This is when companies are in revenue and have either broken even or are close to being there. In this phase, a business tends to be focused on accelerating growth and focusing on new areas of high-potential.
A business whose goal it is to make a positive difference in the world. Often referred to as ‘purpose driven businesses’, the success of the company is measured threefold through profit, people, and planet.
IRAP was created to help companies execute R&D activities with technical risks and uncertainty that they would not otherwise have the cash flows to accommodate. In order to apply for IRAP funding, companies need to present a solid research plan, have their projects approved and are given a defined funding value upfront before they carry out their activities, ensuring that they have proper cash flow management from the secured funding amount.
The lending of money from one individual, organization or entity to another individual, organization or entity. It is a debt provided by an entity and involves the repayment of the principal amount of money borrowed, as well as the associated interest rate payments. Loans can also include restrictions or covenants.
Very small loans to borrowers who generally lack collateral, steady employment and a verifiable credit history.
The type of capital acquisition that does not require you to give up shares of your business, for example, a loan from a family member or a grant from an economic development agency.
Also known as early stage, this refers to the funding that is used to finance the early development of a new product or service. It tends to go towards product development, initial sales and marketing and hiring of essential team members.
SR&ED allows companies to consider previous allocated spends of R&D activities to be eligible for tax credits. Companies who have already carried out R&D activities and expenses would then apply for SR&ED with the plan of obtaining a percentage of their already incurred expenses back as a tax credit or incentive.
An amount of money a taxpayer is able to subtract from taxes owed to the government. The value of a tax credit depends on the nature of the credit, and certain types of tax credits are granted to individuals or businesses in specific locations, classifications or industries.
Investment funds that manage the money of investors who seek private equity stakes in startup and small- to medium-sized enterprises with strong growth potential. These investments are generally characterized as high-risk/high-return opportunities.