About US

We focus on SRED. You focus on your BUSINESS.

Years Experience
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Our History

Over many years of working in SMCs and consulting firms, Phil and Bruce accessed non-dilutive funding from both sides of the desk: as company executives and as consultants. They met in a business venture back in 2009 and started Progression Capital in 2018. Their shared love for helping and growing small businesses, along with their expertise in non-dilutive funding made for a perfect partnership. Phil is an electrical engineer (M.Sc., P.Eng. Non-practicing) and manages the technical components of client claims and submissions. Bruce is a business executive (B.A., Econ) with a bent for sales, marketing and finance; and manages all things financial. Combined, they possess the key skills and knowledge to help growth-oriented companies access non-dilutive capital. 

Over the course of their careers, Phil and Bruce have managed over 1000 SRED claims. With a passion for helping SMCs access non-dilutive capital and further innovation in Canada, they continue to grow the Progression Capital team and business, living their entrepreneurial dreams. The main office is located in Kelowna, with a satellite office in Saskatoon. 

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clients

Companies we’ve worked
with over the years

> 0

Submissions

Over 1000 SRED
submissions made

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Years in Experience

21 years of industry
experience

$ 0 M

Client Credits

Over $25M+ raised
in non-dilutive funding

Bruce Clarke

Partner, Financial Specialist

Bruce Clarke is an accomplished financial executive and entrepreneur with 29 years business experience. Bruce spent 20 years in telecom, biotech, health-tech, packaged goods companies in roles spanning finance, business development, marketing and sales. He then launched his first start up, Superna Life Sciences, a specialty pharmaceutical company, which he exited after licensing and successfully launching two products in the Canadian oncology market. Bruce then launched his second commercial consulting firm, which was subsequently converted into what is Progression Capital today. Bruce currently leads all financial aspects of SRED.

Let's get in touch

Talk with one of our experts to learn how we can help your company access non-dilutive growth capital.