Alberta’s Autovance Technologies is a software and technology firm that specializes in creating web-based sales tools such as vehicle pricing and data management systems.
When Autovance Technologies filed their first scientific research and experimental development (SR&ED) claim, they were selected for the free in-person First-time claimant advisory service (FTCAS). The FTCAS allowed them to meet with SR&ED staff and gain a better understanding of the program. Over time, the tax incentives they received from the SR&ED Program were instrumental in the expansion of the company. Today, Autovance Technologies has become a leader in its field and, with the services it provides, is helping other businesses grow in the Canadian automotive industry.
When asked about how the SR&ED Program and its services helped his company, Rick Johnston, owner of Autovance Technologies, said:
"The information received from SR&ED employees through the FTCAS helped the company better understand the program within the context of our work, as well as the kind of records that should be maintained in order to submit a complete claim. This gave us the confidence to continue this project and allowed us to stay focused on what mattered the most; the pursuit of innovation that could have a lasting impact on the future of the automotive industry."
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