Small and mid-size businesses are always looking for ways to grow their revenues. Birmingham-based start-up OnCentive is a leader on finding unclaimed tax credits and incentives for your business—they’ve already found more than $2 billion for their clients. Here’s how OnCentive works and they can help your organization thrive.
OnCentive helps small Birmingham nonprofits + businesses
One nonprofit that has benefited from being one of OnCentive’s clients is Mitchell’s Place. It’s a beloved local nonprofit that improves the lives of children and families affected by autism and other developmental disabilities. The pandemic tightened their budget. So, they turned to OnCentive.
Because of OnCentive’s helping hand, Mitchell’s Place is able to continue its mission to unlock every child’s potential. Sara Nall, Executive Director of Mitchell’s Place, told us about how easy it is to work with OnCentive. She said, “working with OnCentive was very easy as I didn’t have the time and capacity to handle getting these funds for us.”
OnCentive identifies resources to help grow business
Inflation has tightened all of our wallets. When small businesses and nonprofits are struggling to find enough money, OnCentive can be a lifesaver.
If you’re looking for extra cash, this team of experts knows how to increase organizations’ revenue through:
- Business incentives
- Federal incentives for keeping workers during the pandemic
- Tax credits
Here’s how OnCentive can step in. In 2020, there was a federal program called Employee Retention Credit—it helped employers recover from the pandemic by giving them a refundable tax credit that helped them keep their employees on the payroll. OnCentive worked with a steakhouse restaurant with five locations and about 180 employees. With their team of experts, OnCentive was able to identify this fund and help this business receive over $2 million from the program.
OnCentive helps organizations hire second-chance employees
We got to see up close the OnCentive team at work. They love the work they do—even better, they love being able to help others.
In addition to helping companies access tax credits and federal programs, OnCentive can find hard-working employees for your organization through hiring incentives for second-chance hires. One example is OnCentive’s work with the Work Opportunity Tax Credit (WOTC) program. This program helps people that have faced significant barriers to employment, such as:
- Individuals on food stamps
OnCentive is especially supportive of our veterans. This summer, they partnered with Hire Heroes USA—a veteran nonprofit that empowers US military members, veterans and spouses to succeed in the civilian workforce. OnCentive raised $100,000 at an event, which will sponsor 100 American heroes or their spouses to find a job.
Working with OnCentive is easy
One special thing about OnCentive is you don’t have to be worried about hidden fees and spending a lot of money up front. OnCentive told us that they charge clients $0 up front and operate only on 100% success fees. When you get paid, OnCentive gets paid. And they won’t stop until you do. Just ask Mitchell’s Place how much they benefited from working with OnCentive.
“All it took was a phone call. OnCentive was able to file in a very short period and we were given a very significant amount. This extra money helped carry us past the pandemic. It’s helping us even now assist the families that we are working with.”Sara Nall, Executive Director, Mitchell’s Place