Venbridge launches SR&ED consultant directory to help founders leverage government funding

TORONTO - Feb. 4, 2021 - PRLog -- Venbridge, a Canadian venture debt fund, is pleased to launch an online directory of Scientific Research & Experimental Development (SR&ED) consultants in Canada. This is the most complete database available for founders to find a SR&ED consultant.

On this directory, companies can find consultants based on their size, location, and type of consulting they do including the digital media tax credit program and grants. "We're glad to be able to help technology companies find ways to capitalize on government incentives, " said Garron Helman, CEO of Venbridge. With the financial implications of COVID-19, SR&ED and other government incentives are often an untapped resource that they can leverage to increase their capital and get through financial hurdles," added Helman.

This launch is one of several steps Venbridge has taken to support growing Canadian companies in the technology sector, most notably a free calculator that estimates the reduction of a company's SR&ED claim based on government COVID-19 incentives. Smaller companies do not qualify for traditional bank loans or VC funding. Access to capital has always been a challenge for SMEs, but the financial uncertainty in the market amplifies the challenge as technology companies often experience cash burn in their first years.

Venbridge's approach to SR&ED Financing (https://venbridge.com/growth-capital/sred-financing) is to simplify the process so that founders can get funds exactly when they need them and focus on operations rather than worrying about raising funds.

About Venbridge

Venbridge is a Canadian finance company offering non-dilutive venture debt, SR&ED financing, and tax credit consulting services. Venbridge's services allow businesses to maximize their government tax incentives, better manage cash flow, and invest more in the areas they need.

For more information about Venbridge, please visit www.venbridge.com