PwC’s Nifty Grants now integrates with Xero, further simplifying the process of applying for government incentives.
Professional services firm PwC set up Nifty Grants to help startups and small businesses access the R&D tax incentive, and has expanded this to assist with claiming the export market development grant and with applications for recognition as an early stage innovation company.
“Company owners are not aware of the specific grants and incentives they're eligible for and the application processes are tedious,” said PwC digital ventures director and Nifty Grants founder Mark O'Neill. “Nifty Grants makes it easier to confirm eligibility and apply.”
To make it even easier, Nifty Grants and Xero have collaborated to allow their joint customers to transfer financial statements from Xero into their Nifty Grants claim.
“Over time we hope to use data from both parties to identify and inform interested Xero customers of their eligibility for specific grants and incentives,” added O'Neill.
Xero Australia managing director Trent Innes added: “Traditional methods of accessing capital can be cumbersome and many startups are actually unaware of some of the grants available to them or the processes to be selected are difficult.
“We are removing one more layer of friction by seamlessly connecting the startup to new opportunities for funding, helping them find the cash they need to grow and allowing them more time to focus on growing their business.”
Nifty Grants can also import project documents from Google Drive.