CAN Canada Flag

INNOVATION.
THE HEART OF EVAMAX.

Our story started with a young entrepreneur with an idea but no capital 20 years back.

Now we are helping thousands of businesses in Canada and USA fund their own innovation story.

HOW WE STARTED

IDEAS MEET FUNDING

Anyone can have an innovative idea and a desire to start a business, but there is one thing that most people are missing – capital.

If you have limited resources, you turn to a personal line of credit, borrowing from friends and family, home equity, or asset-based loans.

Sounds familiar? This was me, 20 years ago.

I used to run a software company when I was in New York, and like you, I also considered multiple means to find capital.

But getting investors and loans would mean I have to give up a substantial portion of my stake or control in the company. Or in case of debt financing, repayment obligations could put a strain on the cash flow of a growing company.

I carefully considered these downsides and weighed them against the potential benefits. Because as a startup innovation company, every dollar counts.

So, how can you access non-dilutive capital sources? The answer lies in Government Funding, where most options are non-repayable.

But here’s the challenge: Why aren’t more people taking advantage of this opportunity?

The answer is simple.

Reliable information and expertise in navigating the industry are scarce, leaving many entrepreneurs in the dark.

There is no reliable information for people to teach themselves. To navigate this industry, you must have the time, expertise, and motivation. This is what I did twenty years ago. Federal support had played a significant role in financing my software business, and until now, I remain a strong advocate of government grants and programs as the optimal choice for funding technology companies.  

In Canada, federal support has provided a valuable avenue for small and medium-sized technology enterprises to explore and implement novel concepts, designs, and ideas. This support has expedited technological advancements across various industries for businesses focusing on innovation. 

Government funding programs assist technology-driven companies in their growth by contributing to research costs, commercialization, providing tax credits, or subsidizing business expansion. And in turn, these technology-driven companies can give back to the economy and the country. 

Whether in software, healthcare, artificial intelligence, robotics, clean energy, advanced manufacturing, or space technology, your innovation company plays an ongoing and pivotal role in shaping the future of our world. 

The good news is, you don’t need to spend twenty years to master the government funding process. You can get someone with the expertise to help you with it. 

This is where our team in EVAMAX can help.  

OUR experience is YOUR experience. 

When you deal with EVAMAX, you deal with a company that understands the needs of a growth-oriented, technology-driven company, your journey as an entrepreneur, in pursuit of innovation. 

Ready to take the first step? Let’s fund your own innovation story today. 

Ash Gulati
President and Co-founder 
EVAMAX 

The EVAMAX Culture

Learn more about EVAMAX — our Mission, Vision, Values, and How We Work

Join Us

Be part of our growing team in inspiring the next generation of innovators 

Referral Partner Program

with our 20+ years of experience, EVAMAX is perfectly positioned to complement your services to your clients. 

MEET OUR LEADERSHIP TEAM

Ash Gulati

President and Co-Founder
EVAMAX Group

With over 25 years of experience, Ash specializes in securing government grants and incentives for businesses. He has a deep understanding of various funding programs, including SR&ED, IRAP, and SCALE-AI, among others. Ash’s leadership has driven EVAMAX Group to serve over 1,000 clients annually across Canada and the USA, covering 16 vertical fields of innovation. 

He holds a dual MBA in Information Systems and Finance from BGSU, Ohio. Before founding EVAMAX Group in 2003, Ash worked as a management consultant at Ernst & Young and as a business analyst at Personify Inc. in San Francisco. He also co-founded and served as the president of Info Stratagem Inc. in New York, gaining valuable experience in the field of information management and strategy. 

Apart from his professional achievements, Ash is a devoted father, an avid golfer and squash player, a successful value investor, and practices mindful meditation. With his expertise and dedication, Ash empowers businesses to unlock their potential through strategic grant funding, solidifying his position as a trusted leader in the field of innovation funding. 

Rachana Gulati

COO and Co-Founder
EVAMAX Group

Rachana Gulati brings over 20 years of experience to her role as the COO and Co-founder of EVAMAX. Her journey began in the Biomedical and Health industry, where she worked as a Biomedical Engineer, gaining valuable insights into the intricacies of the field. With her expertise, Rachana has played a pivotal role in shaping EVAMAX’s specialization in managing 16 innovative industries. 

Focus on innovation.
Let EVAMAX do the rest.

Get your idea funded. Let’s talk about innovation funding.

Increase your chance of getting approved.

RECENT INNOVATION FUNDING NEWS