Capital Advisory

Explore the Typical Profile of Our Clients, Their Projects and Why They
Choose to Partner with Fifteen North
For over 30 years, we've been at the forefront of securing government funding, adapting to continuous shifts in political priorities and leadership across various levels of government. The consistent theme throughout this time has been the Canadian government's focus on leveraging grants and other incentives to drive innovation, enhance productivity, job creation, and bolster economic growth. Discover the types of sectors and activities that have and will continue to be supported.

Characteristics of our Typical Client

Our experience spans all sectors, supporting businesses both large and small. Our clients commonly share several of these essential traits:

Employee Count & Scale
  • 10+ employees
  • $3MM+ capital raise
  • $5MM+ in revenue
Financial Stability
  • Profitable with solid financial fundamentals
  • 2+ years in operation
Innovation-Driven
  • Selling or developing an innovative technology service or product
iStock-Client Profile Head
Target Industries
  • Aerospace
  • Agriculture
  • Automotive
  • Forestry
  • Manufacturing
  • Mining
  • Pharmaceuticals
Growth Trajectory
  • Demonstrating consistent revenue growth
  • Exporting or aspiring to sell outside of Canada

Eligible Projects and Investments

Whether enhancing operations to boost capacity and sustainability, expanding and upskilling your workforce, or driving innovation, our team is equipped to navigate the intricacies of the process. Discover how your upcoming projects and business initiatives intersect with government funding priorities and align with our specialized knowledge.

Hiring & Training
  • Upskilling your labour force
  • Youth employment
  • Technical skill development
Research, Development & Commercialization
  • Design new products, commercialise existing products
  • Develop proprietary disruptive intellectual property (“IP”)
  • Launch joint R&D projects
  • Facilitate multi-disciplinary teams in cutting edge research
Reducing Environmental Impact
  • Investing in people, processes and equipment to reduce the environmental impact
  • Operational improvements
  • GHG reducing equipment
Global Expansion
  • Tradeshows
  • IP protection, certification and regulatory
  • Market research and intelligence
Digital Transformation
  • Enterprise resource planning
  • New websites
  • Customer relationship management systems
Physical Infrastructure
  • Capacity expansion
  • Buying equipment
  • Expanding existing and building greenfield facilities
  • Investments in automation and robotics

Challenges our Clients Face

From emerging enterprises to established corporations, companies face a range of challenges in accessing government funding. Many organizations overlook the opportunity to connect with this network, forfeiting access to vital capital that could significantly accelerate growth.

 

Here are the 3 most common reasons our client partner with us:

Don’t Have Time

Researching programs, writing applications and ongoing compliance requires time that many businesses don't have to spare due to competing priorities and the associated opportunity cost.

Don’t Understand the Grant Landscape & Application Process

The significant number of programs, coupled with the daunting task of determining eligibility and the complex application process, can be overwhelming. This is further compounded by uncertainty regarding the likelihood of an approval.

Don’t Have the Expertise or Capability In-House

Crafting a strategic funding plan and mastering the specialized task of application writing demands expertise many businesses lack. This frequently leads to overlooked programs and missed submission nuances ultimately leading to significant lost opportunities.

Frequently Asked Question

Can’t find the answers you need? Contact Us today – We’re here to help.

Why do governments offer grants, interest free loans and tax credits?

Governments in Canada offer grants, interest-free loans, and tax credits as part of their economic and social policies to stimulate job creation, spur innovation, accelerate exports, promote sustainability, and ultimately foster economic growth.

Does Fifteen North Solutions specialize in supporting particular industries or sectors?

Fifteen North Solutions's senior leadership team boasts nearly four decades of combined experience in partnering with businesses across every sector. While our experience spans all industries, our core focus lies in manufacturing, agri-food, aerospace, automotive, pharmaceuticals, mining, and forestry, where we have specialized expertise.

Is there funding for start-ups?

Yes, there is funding available for startups. However, incentives are generally administered or offered by local not-for-profit organizations established to help new business. It's worth noting that the number of programs specifically designed to support startup companies is more limited than one might expect. The unpredictable nature of startups and their high failure rates place them outside the typical risk tolerance of government-funded programs.

Can government funding be utilized to finance on-going expenses and working capital?

Working capital and ongoing operational expenses, such as rent, utilities, inventory costs, and payroll for existing staff, are usually expected to be covered by a business's revenue or through other forms of financing, like loans or lines of credit. The rationale is that government funding should act as a catalyst for growth and innovation that wouldn't occur otherwise, rather than sustaining existing operations.

However, there can be exceptions, especially in unique circumstances such as economic downturns, public health emergencies, or when specific industries are identified as critical to national interests.