Category: SR&ED – Get a Larger Share
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Does Your Prototype Qualify for SR&ED?
Prototypes fall within the parameters of SR&ED claims because they are used to demonstrate material results that reflect the basic research and experimental development aspects of a valid project. Even if the prototype is sold, this event is considered secondary to its original purpose. From the CRA website: A prototype is not developed for the purpose…
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Should You Bother To Apply for SR&ED Tax Incentives?
Peter Moreira wrote a great piece on Canada’s startup community about how some companies were walking away empty-handed from reviews about their SR&ED claim with the Canada Revenue Agency. Often, and this is especially true with software, founders will expect to get funding even though there is no basis for the “research” they have done…
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Eastern Ontario Development Program Details
$100,000 is available to enterprises in Eastern Ontario that meet the eligibility requirements through the Eastern Ontario Development Program (EODP). Projects in these sectors are eligible for funding: advanced manufacturing (automotive, aerospace, plastics, clean technologies) life sciences processing (primary and secondary) information and communication technology tourism cultural industries Northbridge has a recent post on some…