ARTICLE · 24 MARCH 2016

Innovation Done Right Can Boost Your Cash Flow, Through The SR&ED Program And Many Others

Collins Barrow National Incorporated

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Many newly launched and growing companies are like hot-air balloons that want to soar upwards, but ropes hold them tethered to the ground.

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Many newly launched and growing companies are like hot-air balloons that want to soar upwards, but ropes hold them tethered to the ground. Those "ropes" take the form of cash constraints – just not enough money available to take advantage of all the opportunities.

Yet many companies focused on innovation are missing out on ways they can boost their cash flow to provide money to meet expenses, through government programs designed to foster new technologies.

Many of the funding programs have been in place for decades, part of the federal government's drive to foster high-value employment that involves research and development. They have already created huge benefits for companies that learn to use them effectively, so that companies that haven't taken the time to learn are at a disadvantage.

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