What is a Start Up Business Grant?
A start up business grant is a sum of money awarded to a new business that is in the early stages of development to help with costs of getting started. These grants can be used for a variety of purposes, such as marketing, research and development, support for training costs, expansion project, or hiring new employees.
There are a number of different start up business grants available, each with its own set of eligibility requirements. One of the best ways to find start up business grants is to check with your local government or economic development agency. They often have a list of available grants that you can choose from.
Grants do not compare to business loans. Small businesses or non profit organizations do not have to pay for interests in return. Essentially, grant is free money. There are many resources available to help you start up your own business, so don’t hesitate to take advantage of these grant opportunities. New businesses are essential for job creation and could contribute significantly to economic growth.
- Re-invest in your business
- Grow faster
- Hire sooner
- Extend your cash runway
Companies that leverage QuickFund grow much faster than their counterparts
Since company B was able to leverage SR&ED Financing to get quarterly advanced funding, they were able to increase their growth rate one year ahead for Company A.
Use our calculator to estimate the value of our quarterly advances and unlock your R&D expenses to improve your cash flow.
With our founder-friendly platform, it takes only one to two weeks to get funding.
Frequently Asked Questions
Q:How do I qualify for the R&D Tax Credit?
- Developing new or improved products, processes, or services
- Testing prototypes or models
- Developing software
- Commercializing new technologies
Q:How much can I claim with the R&D Tax Credit?
Q:What is the best type of R&D Tax Credit for your business?
Q:How much can I save with the R&D Tax Credit?
Q:What expenses are eligible for the credit?
Your free 1-hour consultation includes a detailed review of our platform, your projects, processes, and financial data by one of our R&D Tax experts.
Talk to one of our experts to see how outsourcing your R&D tax claims to Boast can get you more money back from the government and help you regain the time you need to run your business.
Fill out the form to schedule your demo.