Ryan Launches New Government Funding Practice
Press Release
Toronto, Ontario (Aug. 19, 2015) – Ryan, a leading global tax services firm with the largest indirect tax practice in North America, has launched a Canadian Government Grants practice to complement its rapidly growing Scientific Research and Experimental Development (SR&ED) service offering. Leveraging more than four decades of innovation and progressive growth, Ryan’s new practice will help businesses with strategic innovation, business expansion, capital investment, human resources development, research and development (R&D), and environmental technology development initiatives unlock more than 500 grant, loan, and tax credit programs across Canada.
“Despite the diverse number of government funding programs available, accessing these programs has historically been a challenge for businesses, as they are not readily accessible in a consolidated location; they’re constantly in a state of flux as funds are introduced, renewed, or discontinued, and they often have complex eligibility criteria,” said Danny Ladouceur, Ryan SR&ED and Government Funding Principal and Practice Leader. “Ryan’s team of government funding experts will help clients navigate these complex funding processes and deliver substantial financial benefits.”
“With more than $37 billion in grants issued last year and rising numbers of government funding programs being offered to businesses, we see this as an excellent opportunity to add value to our clients,” said Garry Round, President of Ryan’s Canadian Operations.
The funding programs available reflect a wide range of categories, including:
Product commercialization
Marketing research/marketing strategy development
Expansion into international markets
Facility purchase/construction/expansion
Machinery purchase/installation/commissioning
Software deployment
Advanced manufacturing technology investments
Hiring of new staff
Training and skill development of employees
Innovation/research and development
Collaboration with academia and research institutions
Productivity improvements
Film/television/digital media production
Development and implementation of new clean technologies and energy-efficient technologies
Ryan’s new Government Funding practice will provide a unique and holistic approach to government funding, whereby a mix of grants, loans, and tax credits can be optimally matched to specific client strategies and needs. The Firm will leverage expertise spanning every industry across Canada as well as its Credits and Incentives practice across the United States to provide a comprehensive approach that encompasses the full application and all post-approval reporting requirements.
“The new funding practice, backed by our commitment to superior client service and results, represents an exciting new phase of growth for our Canadian operations and will provide tremendous value for our clients,” said G. Brint Ryan, Chairman and CEO of Ryan.
About Ryan
Ryan, an award-winning global tax services and software provider, is the largest Firm in the world dedicated exclusively to business taxes. Headquartered in Plano, Texas, the Firm combines deep tax expertise with practitioner-built technology and comprehensive consulting, compliance, and advocacy capabilities. Supported by the acclaimed myRyan work environment, more than 7,600 team members are empowered to deliver exceptional results for more than 87,000 clients in over 80 countries, including many of the world’s most prominent Global 5000 companies. Driven by a commitment to client advocacy, Ryan helps businesses pay only what they owe, freeing capital to invest, grow, and thrive. More information about Ryan can be found at ryan.com.
MEDIA CONTACT
Melodie Elliott
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Ryan
972.934.0022
melodie.elliott@ryan.com