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Description

Tax Credit programs like SR&ED can have long wait times for innovative businesses. Tax credits from the CRA can take 3 to 12 months to process, impacting cash flow. Bonsai Growth Solutions can advance up to 75% of that expected return within 5-10 business days. If companies have accrued SR&ED from the current fiscal, Bonsai Growth Solutions can advance up to 75% of that claim.

There are also several federal and provincial government grants (such as IRAP, SIF, Scale AI, SDTC) that Bonsai can advance, enabling founders to access the funds sooner.

Bonsai’s services act as a bridge for start-ups and scale-ups, helping them secure the necessary funds to reach the next stage and become investor-ready. When the timing is right, they can then raise capital with greater confidence.

Contact the team at Innovation Factory and CITM to access the perks and services offered to clients by Bonsai Growth Solutions.

Get connected with Bonsai Growth Solutions

Bonsai Growth Solutions

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Quick Facts

  • A Canadian start-up, supporting Canadian founders
  • Founder-friendly terms and financing
  • Ability to  provide funds in 5-10 business days
  • Deployed over $45 million CAD since January 2022
  • Advancing SR&ED, IRAP, SIF, Scale AI, SDTC grants
Whether you are looking for support in product development, validation or just networking, our role is to help make services more visible to you and to reduce the amount of time it takes to activate these supports.

Ready to accelerate your business growth?

Founders Fast Track is 6 week mentorship program that provides your startup with access to industry expertise, resources, networking opportunities, and skills to help you secure investment capital.

Applications are open until April 13, 2025. 

Synapse Life Science Pitch Competition March 26, 2025 from 4:00pm - 8:00pm EDT

Get tickets for the 2025 Synapse Competition!

Innovation Factory’s Synapse Competition is Ontario’s premier life science pitch competition, dedicated to fostering innovation in the life science sector.

Why you should attend:

  • Meet the finalists at the 12th annual Synapse Competition showcase!
  • Discover emerging life science innovations
  • Network with industry leaders and Ontario’s thriving life science ecosystem.

March 26, 2025 | 4:00pm – 8:00pm EDT