Canadian SME: Why Investing In R&D During A Slowdown Can Help SMEs Rebound

10/21/2020
By CanadianSME Team

It’s natural for small- and medium-sized businesses to cut back to the essentials during an economic crisis like the one we’re experiencing right now. Yet SMEs that find a way to innovate and ramp up investment in R&D when their competitors are retreating are more likely to be Canada’s entrepreneurial success stories of the next decade. Some high-potential SMEs will even transform into large companies over the coming years, largely because they recognized and seized the opportunity at a time of uncertainty and fear.

Read more...

 

 


Media contact

Heather Young
Director, Communications
604-818-0020 | hyoung@mitacs.ca

Mitacs

ErinRose Handy
Manager, Communications
604-754-1440 | ehandy@mitacs.ca

Mitacs