Gnowit Touts SR&ED and IRAP as Keys to Their Success

Ottawa startup Gnowit is one of four Canadian companies that has been selected to attend the UK Trade & Investment’s second annual Global Adventure Competition which is effectively a trade, investment and mentorship mission.  Gnowit’s technology skims through hundreds of newspapers, identifies what the core issues are, and provides article summaries that have been extracted.  Its key features include the detection of sentiment associated with each article, and the removal of duplicate information.

Gnowit’s Chief Technology Officer Shahzad Khan is a graduate from the University of Cambridge, and chose to come to Ottawa in 2007 for two reasons: (1) Canada’s health programs, and (2) the tax environment was beneficial for startups due to generous government programs such as SRED and IRAP.

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