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B.E.T.
Inc
., operating as
BugEye™ Technologies, is a Canadian majority owned
Aboriginal company founded in November 29, 1996 and incorporated
under the laws of the Province
of Alberta. BugEye™ works with aboriginal
businesses and non-aboriginal businesses along
with several other Provincial and Federal
government departments. The Head Office for the
Corporation is located in Calgary, Alberta,
Canada.
Benefits of Working with
BugEye Technologies (B.E.T. Inc.)
- Provide
strategies to secure a combination of government
funding and private sector financing to maximize
the leverage of dollars
- Gives you and your
staff back the time to spend on your core
business activities.
- Provide operational
cost savings for aboriginal and non aboriginal
companies
- Reduce your HR costs
by out-sourcing to B.E.T Inc. by a project to
project basis
Professional Management
Consulting Services:
- Business Plans
- Sales and Marketing
- Strategic Planning
- Market Development
Planning
- Market Entry Planning
- Financial Planning,
Sourcing and securing private placements
-
Procurement
- Training and Technology
Transfer
- Sourcing and securing
federal funding
- World Bank Registration
and Pre-qualification
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Government
Programs:
The
Federal Government has funding available to
Canadian companies at all stages of their business
development.
We can assess your
organizations ability to apply for these
contributions and can facilitate applications for
the following:
a)
Research and Development
There a number of
grants and "soft loans" which assist companies
with funding for innovation in a number of
sectors. These range from outright grants, partial
grants to loans designed to help you with
commercialization of your technology.
b)
Tax Credits
Cost recovery for R&D -
if you have spent a considerable amount on
research and development you may be able eligible
to recoup a large portion of your
costs.
c) Market Development
If you have already developed
a strong domestic market and are seeking to become
established anywhere outside of Canada, there are
marketing programs that may enable you to recover
up to 50% of your marketing costs. The programs
will cover costs for airfare, trade shows, videos,
brochures, translations, and demonstrations. They
also cover eligible costs for Capital Bids and a
New to Export market visit.
d) International Joint
Ventures
Your company
may be eligible to recover up to 80% of your
proposed international business development,
technology transfer and training costs.
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Aboriginal
Development Programs:
A high quality
business plan is essential to attract potential
investors in the private sector as well as
government support. BugEye Technologies (B.E.T. Inc.) offer a suite of
services designed to assist start-ups to
established business seeking expansion in both
domestic or international markets. BugEye Technologies (B.E.T. Inc.)
team of professionals can assist you with the
development, implementation and maintenance of
your business. Our consulting group has years of
experience in assisting the Aboriginal community
and is familiar with various programs and
financing sources to assist you in funding
and financing your project or business.
Services
include
- Business plans
- Feasibility studies
- Business valuations /
market plans / accounting set-up &
management support services
- Sourcing and Securing
funding from various government programs
- Approaching and
designing financing strategies to match your
business with key financial institutions
- Linkages with
non-Aboriginal Business
in the Resource and IT sectors
- Provide bid matching services
to assist Aboriginal suppliers with access
to contracts with the federal, provincial,
municipal governments and private corporations.
- Assistance with
Economic Development Plans
A unique marketplace is
emerging for companies doing business with
Canada's aboriginal communities - but companies
need to start building bridges and credibility
sooner rather than later, says the head of the
country's biggest aboriginal business
organization. "There is increasing control being
exerted by aboriginal people over their land,
over their resources, and the development of
those resources," Jocelyne Soulodre, President
and CEO of the Canadian Council for Aboriginal
Business (CCAB), told a Chamber of Commerce
luncheon held in June, 2001.
Soulodre added that the
total value of land claims over the next decade
has been estimated to be in the range of $200
billion dollars. " That's a pretty big market,
one that I think no one wants to ignore", she
said.
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Business Development
Financing:
If
you haven't undertaken international (or
inter-provincial) sales or exports before you may
be unaware of the financial mechanisms that are
available to you for buyer and supplier financing.
We can assist with identifying your needs and
arranging the appropriate financing
solutions for your domestic and international
projects.
Export
financing:
- Loans to your
international buyers
- Lines of credit
between you and foreign banks
- Note purchases from
your foreign buyer
- Financing to satisfy
your pre-shipment requirements
- Credit for your
clients on open account terms
Performance
guarantees:
- Bid bonds
- Surety
assistance
- Performance
bonds
Project risk
insurance:
- Specific transaction
insurance
- Export credit
insurance
- Global comprehensive
insurance and Currency Exchange risk
We can also assist you with
the following:
-
Corporate Finance
-Debt
- Operating, medium
term, restructuring, refinancing
- Financing - real
estate, equipment, assets, acquisitions
- Inventory, letter of
credit; interim or bridge financing
- Start-up,
turn-around or expansion financing; lines of
credit business acquisitions
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Click Here to see if
your organization is eligible for
funding.
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