The Fastest Growing Companies in Ottawa 2023 Event
On June 20, 2023, GGFL Chartered Professional Accountants and the Eastern Ontario Business Journal hosted the 2023 Fastest Growing Companies: Awards Cocktail and Networking Event at The Collaboration Centre (TCC) in Ottawa, ON.
The Fastest Growing Companies Award is a unique opportunity for local Eastern Ontario enterprises to be recognized for substantial, sustainable and profitable growth, and the event also included workshops and panels on topics related to business growth. Our very own SR&ED Education and Resources’ founder Elizabeth Lance, was among six other panellists who were selected to speak at the event.
GGFL posted on their LinkedIn page a summary of the speakers with a thank you for a successful event:
Yesterday’s awards reception began with a workshop for fast growing companies. Many thanks to BDC’s Robert Shaw and Tara Parry, and Elizabeth Lance, MA, MASC of the Ingenuity Group, for sharing their expertise on growth capital, the Canadian Digital Adoption Program and SR&ED.1
A LinkedIn post published after the event by Jen Gibson stated:
The panellists that were selected to speak Robert Shaw, Tara Parry, Elizabeth L., James Baker, Chad Saikaley, CPA, CA, TEP and Lyman Gardiner, shared many valuable pieces of advice that I am sure quite a few of us will carry as we continue down our own paths.2
Elizabeth spoke as part of the first panel discussing how to fund growth in your business:
Ingenuity Group’s Elizabeth Lance is talking about SR&ED credits. CRA is back reviewing SR&ED after two year absence during COVID. SR&ED is about generating new knowledge. It doesn’t have to be a new product or technology.3
In 2008, Elizabeth co-founded The InGenuity Group, contributing as a technical writer for the business. Eleven years later, she took over the company after the retirement of her co-founder, becoming the Managing Director. In 2011, after seeing the need for a high-quality educational resource regarding the Scientific Research and Experimental Development (SR&ED) Tax Incentive Program, she created SR&ED Education and Resources.
The SR&ED program is the largest single source of federal government support designed to encourage research and development (R&D) in Canada. This program can be extremely helpful to companies, allowing them to fund the scientific and technological advances that keep their company competitive. See our What is SR&ED? page for an introduction to how the SR&ED program can benefit up-and-coming companies and Technological Advancement: The Core of SR&ED to gain a deeper insight into the purpose of SR&ED. At the Fastest Growing Companies Awards Event, Elizabeth Lance was given a wonderful opportunity to educate many local businesses on the SR&ED program and how it may be utilized to help these companies grow and succeed.
The InGenuity Group and SR&ED Education and Resources are proud of Elizabeth and her continued efforts to help others succeed. If you would like a chance to see how Elizabeth can help your business please fill out a contact form.