2023
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Client's Name
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In 2021, Innovation Refunds was established to help facilitate the growth of small and mid-sized businesses (SMBs) by democratizing access to working capital through government-funded programs like the Employee Retention Credit (ERC).
Studies show that the number of SMBs applying for ERC is well below those who are eligible – leaving billions of dollars unclaimed. Founders at Innovation Refunds believed that was due, in part, to the extensive process and requirements to determine eligibility. Historically, SMBs were required to hire a tax professional directly – incurring upfront costs – and spend time away from their business to find out if they were eligible.
Innovation Refunds knew there was a better way, and the company was built to disrupt the conventional model. Innovation Refunds created a marketplace of CPAs, tax attorneys, and other tax professionals who examine SMBs tax situations and determine their eligibility – without any up-front costs. Clients only pay if they are qualified, file for the ERC, and receive a check from the government.
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UAE
Category
Executives & Professionals of the Year - Mentor of the Year
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United Arab Emirates
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Ayala Malls Inc.
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Marketing - Best Cause Marketing Campaign
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Philippines
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RPG Brands
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Achievement - Achievement in Product Innovation
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United States
Entrant Company
Kalpesh Barde
Category
Information Technology - Financial Services
Country / Region
United States