News & Updates

NACO launches a new program named the BDO STARTSMART Program


Nov 9, 2018

The National Angel Capital Organization (NACO) have just recently launched a new program named the BDO STARTSMART Program. It was designed with the concept of the time, effort and dedication it takes to build a business, and having someone to assist a business with each step taken can increase a business’s chance of success.

BDO STARTSMART was designed to setup start-ups for success through their positioning, offering a diverse set of services based off the needs to the business. The designing of the package focuses in on a specific aspect of the individual business’s needs.

Bundle services include;

 

launchME- services involved in starts business and getting it off the ground.

 

BDO’s LaunchME bundle package offers:

  • Incorporation
  • Company structuring advisory
  • Founders agreements
  • Cloud based payroll and bookkeeping
  • Sales tax
  • Year-end corporate tax
  • Year-end financial statements
  • SRED and other government incentives assistance

 

fundME- attracting capital to the business through Angel Investing, strategic investors and bank financing.

BDO’s FundME bundle package offers:

 

  • SRED and other government incentives assistance
  • Capital raise support (financial modelling, valuation support, pitch desk assist)
  • Deal structuring tax advisory
  • Business Plan Review

 

growME- increasing the overall growth of the business.

 

BDO’s GrowME bundle package offers:

  • Business health check
  • IT infrastructure health check
  • SRED and other government incentives assistance
  • Tax strategy for growth (US, international, tax structuring)
  • Stock option assist
  • M&A strategy support

 

saveME- year-end compliance obligations.


BDO’s SaveME bundle package offers:

  • Financial statements and corporate tax returns
  • Stock option rescue
  • SRED claim defense
  • Tax audit rescue
  • Business health check
  • Minute book maintenance

 

exportME - expanding the business into new markets.

 

BDO’s ExportME bundle package offers:

 

  • Expatriate services
  • International tax and corporate structuring
  • US tax and corporate structuring
  • Market research
  • International business strategy review
  • International soft landing assistance (payroll, structuring)
  • GDPR compliance

 

exitME- exit the business.

 

BDO’s ExitME bundle package offers:

 

  • Valuations
  • M&A deal structuring
  • Pre-due diligence
  • Tax structuring
  • Wealth advisory consultation

 

NACO is offering an exclusive offer to the BDO STARTSMART program to eligible companies. The offer includes complementary services to the business;

·       Three months cloud-based payroll and bookkeeping services.

·       Consultation to discuss the state of operations and growth goals

·       A meeting with their Government Incentives Consulting team to review which government grant program(s) may apply.

·       Direct access to the STARTSMART team that is invested within communities throughout Canada.

 

In order to be eligible for the BDO STARTSMART program, there are criteria needs to be met by the early-stage companies;

·       Formally angel-backed by a NACO member in a good standing, and

·       Have received a minimum equity financing of $50,000 from a NACO member angel investor, with in the past 24 months.

 

 For more information on this new and exciting program please go to; https://www.nacocanada.com/cpages/bdo-startsmart           

 

 

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Clyde Catton
Tax Partner, BDO Canada

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City of Ajax

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Manager, Community Relations and Articulation, Trent University Durham GTA

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Raymond Luk
Founder and CEO of Hockeystick.co Inc.

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Fairall Properties Ltd.

Our Strategic Partners

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