FOR IMMEDIATE RELEASE

Pocketed and EY Canada Collaborate to Help Small Businesses 

Funding resources for startups during this economic downturn 

Vancouver, BC: As the world faces increasing complexity and a growing number of challenges, there’s never been a greater need for innovation and entrepreneurship. The new collaboration between industry leader EY Canada and grant funding tech company Pocketed supports the very companies aiming to solve our greatest problems, by simplifying access to non-dilutive financing options for small businesses.   

EY Canada brings deep experience encouraging innovation and research in Canada by helping companies navigate Scientific Research and Experimental Development (SR&ED) tax credits and more. Now, alongside Pocketed, EY clients can access cutting-edge fintech solutions to connect them with the full range of business grants and incentives available in Canada, from small hiring subsidies to large market expansion funding. The support and stability of EY’s expertise helps innovators develop and expand their offerings and Pocketed is delighted to bring this gold-standard service to their community of start-ups, scale-ups and growth companies. This collaboration between Pocketed and EY means Canadian problem-solvers have fewer financial concerns, and more resources to build and grow.  

“Too many Canadian businesses think tax credits are only for large organizations,” says Brianna Blaney, CEO and Co-Founder at Pocketed, “That couldn’t be further from the truth. Since our early days at Pocketed, we’ve pursued SR&ED credits to help fund our growth. We’re excited to be working with EY Canada to help small businesses grow and weather the storm of this economic downturn.” 

 “Canadian entrepreneurs are moving the needle on what’s possible every single day. Supporting these innovative builders as they navigate the funding and incentives ecosystem is one way we can help.” says Dharmesh Gandhi, EY Canada’s Private National Quantitative Services Leader. "We’re excited to work closely with Pocketed to simplify and optimize our smaller Canadian companies’ innovation tax incentive applications, including SR&ED, and ensure they’re set up to successfully attain their growth ambitions. Their success is our success.” 

In these challenging economic times, access to grant funding and tax credits is more important than ever. Focusing on supporting innovative Canadian businesses and utilizing tax credits like SR&ED (and others), we’re able to help the Canadian business ecosystem grow, together.  

For more details and to see if you’re eligible for SR&ED and other government incentives with Pocketed and EY Canada, visit our website.  

About Pocketed: Pocketed helps companies across North America access billions of dollars in government funding with our intelligent matching platform and funding solutions. Since launching in 2021, more than 8,000 businesses have used Pocketed to apply for over $80M in government funding. Create your Pocketed account today at hellopocketed.io.

About EY Canada: EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. As Advisors to the ambitious™, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. These teams support the full spectrum of private enterprises including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices and entrepreneurs. To learn more, visit www.ey.com/en_ca/private.  

Media Contact:  

Pocketed 
Kasey Bayne 
CMO 
kasey@hellopocketed.io