An entrepreneur recently wrote me to ask if I knew of any government grants to help companies invest in technology, such as specialized industry software. I replied and said I didn't know. So I decided to ask the readers of this blog. Feel free to drop me an email [rick (AT)rickspence.ca] if you know of any help such as this.
Here is the text of my reply to the entrepreneur:
I'm afraid I don't know of any government aid of the sort you describe.
Your accountant may know if there are any grants like that available.
You could also ask the folks at the Innovation Synergy Centre in Markham, Ont., which has run several seminars on financing alternatives for small business. http://www.iscm.ca/ In fact, they have another session scheduled for May 28.
Finally, you might look into whether the software you are seeking is available as a "service", ie, for a monthly fee rather than an upfront pricetag.
If anyone has a better answer, please let me know.