Boast Capital Partners With ADG to Maximize Angel Investment Using R&D Tax Credits

Posted by Alex Popa

Boast Capital and Alberta Deal Generator (ADG) are pleased to announce their strategic partnership to help companies maximize R&D tax credits and make ADG investments go further.

“Bringing quality deals to our investment members and providing value to the companies that pitch is our focus,” says Henry Kutarna, Executive Director for ADG.

"Pre-screening our deals to ensure that companies have a process in place to capture SR&ED tax credit opportunities will provide our investors with confidence that invested capital is leveraged to the maximum extent possible and Boast Capital provides a high level of SR&ED expertise that our team and membership appreciates.”

Investors want their investment to take companies further and increase their own return while doing so. Busy investors don’t have the time to scope funding resources, so for the first time, Boast Capital will take on this task and ensure companies have utilized and maximized innovation funding resources like SR&ED.

The SR&ED program can have a significant impact on an early-stage company's bottom line. In 2013, the program provided $3.4B to 22,000 companies and helped Canadian-controlled SME’s recover up to 64%* of eligible expenditures as a refundable tax credit.

“We’ve found that many companies are under-claiming or not claiming at all simply because they are unaware of the program’s broad R&D definition,” explains Alex Popa, Partner, Boast Capital.  "We look forward to providing our expertise to help companies determine if they qualify for SR&ED or whether they are maximizing their existing claim."

To learn more about ADG angel investment, please visit Innovate Calgary's website.

*sample calculation for Alberta-based, Canadian-controlled private corporation.

Innovate Calgary
Calgary, Alberta, Canada

Innovate Calgary is where startups, entrepreneurs, researchers, investors, industry and partners take innovation and ideas to business. It takes an ecosystem to drive the commercialization success of an innovation or discovery, and we are here to give you the help you need to take your startup, discovery or investment to the next stage of growth or market entry. How? It's simple, Just Ask. more

Boast Capital
Calgary, Alberta, Canada

Boast Capital is a team of engineers and finance professionals with over 20 years experience helping companies in Canada and the U.S. successfully claim and maximize R&D tax credits. Our long-standing reputation with the CRA, deep financial and technical expertise in Information and Communications Technology (ICT), Oil & Gas, Manufacturing, Agriculture, and Life Sciences & Biotechnology, as... more

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Alex Popa

Alex Popa

Alex Popa manages Operations and Finance at Boast Capital, a team of engineers and finance professionals with over 15 years experience helping companies in Canada and the U.S. successfully claim and maximize R&D tax credits. He is also a partner at Plug and Play Canada, a subsidiary global accelerator and seed investor that specializes in growing tech startups. Prior to becoming an... more

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