FSA Corporation - Investment

Investment

FSA Corporation was funded without the assistance of venture capital or angel investors. Instead, the company truly boot-strapped itself with customer revenues. The company also benefitted from the generous and successful IRAP (Industrial Research Assistance Program) program operated by the Government of Canada, and a high-technology tax credit known as SRED available to Canadian companies. Although the total amount of funds received by the company under these programs was quite small, the funds were made available at exactly the time in the company's life cycle where they would do the most good.

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