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Did You Know
One of the most utilized assistance programs in Canada for helping entrepreneurs develop prototypes is NRC-IRAP. This is a good place to start. Read more
Advisory Board
An advisory board is an informal group of individuals from outside the company that provide guidance and advice to the board of directors and management of a corporation. They have no authority to vote on corporate matters
Why is it important?
Individuals on the advisory board often have significant experience and detailed knowledge regarding different facets of the business. In certain cases they may know more than the management team on specific issues. Their expertise may also lend well to the successful growth of the company by sharing a number of key contacts and relationships as well as attracting potential investors.