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Home : An additional $20 M for the recapitalization of the AQT Financing Fund
Feb 10
2017

An additional $20 M for the recapitalization of the AQT Financing Fund

MONTREAL, QUEBEC--(Marketwired - Feb. 9, 2017) - The Quebec Technology Association (AQT) wishes to announce a $20 M recapitalization of its tax credit financing fund. Financed by FINALTA CAPITAL, this fund is fully dedicated to supporting AQT-member small and medium businesses (SMBs) throughout the province, and aims to reduce the impact of reimbursement delays experienced by companies who qualify for various tax credit programs, including those relating to scientific research and experimental development (SR&ED), e-business development (DEB), and the production of multimedia titles. The available financing contributes to stabilizing the working capital of the AQT's member companies.
Source:http://www.marketwired.com/mw/release.do?id=2194819&sourceType=3
 
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