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R&D Tax Automation Pioneer Boast.ai Expands Leadership Team with Industry Heavyweights

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SAN FRANCISCO, May 13, 2021 /PRNewswire/ Boast.ai, a FinTech platform that helps companies automate the cumbersome process of preparing and financing Research and Development (R&D) tax credit claims in the United States and Scientific Research & Experimental Development (SR&ED) tax credits in Canada, announced today the addition of a new board member and three new executives to its leadership team, including Chief Technology Officer, Chief Marketing Officer, and Chief Financial Officer.
Laurie Schultz joins Boast.ai s board of directors. She was most recently the CEO of Galvanize, a SaaS Governance, Risk Management and Compliance (GRC) software company that was acquired for $1 billion by Diligent Corporation. She led the transformation of their global business by mobilizing talent toward category disruption, successfully repositioning the company to one of Canada s Top 100 and Best Managed employers. With over 30 years of experie ....

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Federal government looks to "punch our way out of the COVID recession" with #Budget2021

Federal government looks to “punch our way out of the COVID recession” with #Budget2021
The federal government has published its Budget 2021, which focuses on addressing the third wave of the pandemic and economic recovery. The commitments include targeted funding towards the tech and innovation sector as a way to support that recovery.
The Government of Canada called the budget “a plan to bridge Canadians and Canadian businesses through the crisis and towards a robust recovery.” Proposals include extending business and income support measures through to the fall and investments to create jobs. The Budget also includes plans to accelerate investment in the digital transformation of small and medium-sized businesses, and a focus on cleantech and creating inclusive workplaces, the latter of which includes a proposal to establish a $15 federal minimum wage. ....

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Boast.ai secures $100 million credit facility to build Clearbanc for R&D tax credits

Boast.ai secures $100 million credit facility to build Clearbanc for R&D tax credits
Boast.ai has secured a $100 million credit facility to provide companies with up-front loans for their government research and development (R&D) tax credits.
The non-dilutive loans are reminiscent of the monthly recurring revenue (MRR) financing model used by companies like Clearbanc, and see Boast.ai expanding beyond its main business, an automated platform for claiming R&D tax credits in the United States (US) and Canada. The loan offering bolsters the company’s goal to become a one-stop-shop for startup’s R&D tax credit needs. ....

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Why the Canadian Tech Scene Doesn't Work – alexdanco.com

I’m sorry that I have to write this. I really am. I
want it to work. But the growing chorus of aspirational claims that “Toronto’s tech ecosystem is growing faster than anywhere else in North America” or “The Toronto-Waterloo corridor is ‘the nice person’s Silicon Valley’” honestly do not portray an accurate picture of what we’ve built here.
To be clear: I am not saying there are no individual success stories of Canadian startups, or that there are no good angel investors or VCs here, or that there are no individual instances of things going right. Shopify obviously worked out great, there are other big success stories like Lightspeed making their way up, we have some really good initiatives around bringing new builders into Canada, and there are a good many individually inspiring startups that I admire. ....

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Opinion: What Canada needs to do to build a world-class biotech sector

Opinion: What Canada needs to do to build a world-class biotech sector
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