What Innoprofits Solutions does

Innoprofits Solutions is a Montréal-based financial consulting firm founded in 2009 by Marwan Bitar that specializes in helping Canadian businesses access federal and provincial government tax credits and innovation subsidies. The firm's core offerings cover four primary programs: RS&DE (federal Scientific Research and Experimental Development tax credits), CDAE (Quebec e-commerce business development tax credit), the Quebec Multimedia Tax Credit (CTMM), and PARI (the National Research Council of Canada's Industrial Research Assistance Program). Adjacent service lines include strategic financial consulting, e-commerce tax credit advisory, and specialized support for Quebec video game studios. The firm reports that it submits approximately 25% of all annual Quebec multimedia title credit applications to Investissement Québec and claims a 100% success rate on RS&DE filings.

The firm's underlying 'technology' is a codified five-step consulting methodology: (1) establishing an accompaniment strategy based on client financing needs, (2) identifying eligible expenditures under each agency's criteria, (3) strategically optimizing claimed project amounts, (4) submitting compliant applications, and (5) monitoring progress and controlling audit processes. Service delivery is direct, advisor-led, and tailored to each client's project; the team of approximately 10 employees blends technical/scientific R&D experts with senior tax specialists — an unusual combination that supports accurate expenditure identification. Customer acquisition is sales-led, primarily via the firm's website, weekly newsletter publications, LinkedIn and Facebook presence, and a referral network anchored to Quebec financial institutions (RBC, BNC), research institutions (Concordia D3, NRC PARI), and entrepreneur support organizations. Pricing is custom and quote-based, structured as multi-year consulting engagements.

Innoprofits serves a horizontal customer base of innovative Canadian businesses — R&D-active companies of all sizes and sectors, Quebec IT/software firms, film and multimedia production companies, and Canadian SMEs pursuing technology innovation projects. Named customers span enterprise (Google, Cirque du Soleil, Théâtre du Nouveau Monde, ACET), interactive media (Typhoon, La Guilde du jeu vidéo), and startup (Flinks) segments. The firm is founder-owned, privately held, operates as a single domestic Canada entity from its Montréal headquarters at 405 avenue Ogilvy, and has no disclosed institutional investors, subsidiaries, funding rounds, or acquisition history.

Name

Innoprofits Solutions

Legal name

Innoprofits Solutions

Website

https://innoprofits.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Innoprofits Solutions is a Montréal-based financial consulting firm, founded in 2009, that helps Canadian innovative businesses identify, apply for, and audit-defend government tax credits and innovation subsidies — primarily RS&DE, CDAE, Quebec multimedia credits, and NRC PARI — using a proprietary five-step consulting methodology.

Ownership category

akta.pro rank

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Tax Credit and Government Funding Consulting Services: Innoprofits Solutions generates revenue by providing consulting services to help businesses identify, apply for, and obtain government tax credits and subsidies. The firm charges fees for strategic accompaniment, eligibility assessment, application preparation, and follow-up services across programs such as RS&DE (Scientific Research and Experimental Development), CDAE (Electronic Business Development Tax Credit), Multimedia Tax Credits, and PARI (Industrial Research Assistance Program). Revenue is derived from professional service engagements with businesses seeking public financing.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Innoprofits Solutions is a Montreal-based financial consulting firm that advises innovative Canadian businesses on accessing government tax credit and subsidy programs. Its core services cover the federal RS&DE program, Quebec's CDAE (e-commerce) tax credit, Quebec Multimedia Tax Credits, and the National Research Council's PARI industrial research assistance program. The firm operates through a structured five-step engagement: strategic accompaniment, eligible expenditure identification, claim optimization, application submission, and audit follow-up.

Product overview

Innoprofits Solutions is a tax credit consulting firm (cabinet de conseil en réclamations fiscales) offering a portfolio of advisory services centered on government tax credit and funding programs. The core offerings include RS&DE (Scientific Research and Experimental Development), CDAE (E-commerce Business Development Tax Credit), Multimedia Tax Credits, and PARI (Industrial Research Assistance Program). These services are complemented by specialized advisory for e-commerce tax credits and video game industry subsidies. The company provides a structured five-step consulting process: strategy development, eligible expense identification, project analysis and optimization, application submission, and audit follow-up. Founded in 2009, the firm serves innovative companies of all sizes across various sectors seeking to maximize public financing and government incentives.

Differentiator

Problem solved

Functional benefit

Products and services

• RS&DE Tax Credit Consulting

Quantifiable outcome

• 100% success rate claimed for RS&DE (Scientific Research and Experimental Development) program applications
• +4 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• CNRC PARI (National Research Council Canada – Industrial Research Assistance Program)coreStrategic or Co-development PartnerInnoprofits Solutions has an established relationship with the National Research Council Canada's PARI program, acting as an intermediary that prepares and submits client applications, provides coaching for CNRC advisor meetings, and offers technical and strategic support to help SMEs obtain PARI funding for R&D projects.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• EY Canada: EY Canada's tax practice runs a research and development tax credit advisory service aimed at Canadian innovative businesses, replicating Innoprofits' specialty at far greater scale and as part of a wider tax and consulting portfolio.
• KPMG Canada: KPMG's Canadian practice includes a dedicated R&D tax credit and government incentives advisory team that competes for the same Quebec R&D and multimedia clients that Innoprofits serves, while delivering these services alongside audit, corporate tax, and broader consulting offerings.
• BDO Canada: BDO Canada is a major Canadian accounting and consulting firm whose tax services practice includes R&D tax credit and government incentives advisory for innovative mid-market and enterprise clients — directly competing with Innoprofits' core offering but with substantially broader service portfolio and scale.
• Grant Thornton Canada: Grant Thornton's Canadian R&D tax credit advisory practice serves mid-market companies and innovative businesses across sectors, overlapping with Innoprofits' client base on government funding and innovation tax credit engagements.
• Deloitte Canada: Deloitte Canada operates a dedicated R&D and government incentives tax practice across tech, multimedia, life sciences, and other innovative industries — providing overlapping R&D tax credit advisory capabilities to many of the same Quebec-based client segments as Innoprofits.
• PwC Canada: PwC Canada's tax services include R&D and government incentives advisory with particular emphasis on Quebec's multimedia, gaming, and tech sectors — overlapping directly with Innoprofits' specialty at national and enterprise scale.
• RSM Canada: RSM Canada's tax advisory practice covers R&D and government grants advisory for mid-market Canadian companies, competing with Innoprofits for SME R&D and innovation funding engagements across tech, manufacturing, and life sciences.
• Raymond Chabot Grant Thornton: Quebec-headquartered professional services firm with established advisory capabilities on government incentives and tax credits for innovative Quebec-based clients — directly competing with Innoprofits in its home market and offering broader accounting and consulting services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/InnoprofitsSolutions
• LinkedInlinkedin.com/company/5387833/admin

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Innoprofits Solutions