NorthBridge Success Story: Ontario Software Developer Qualifies for SR&ED Tax Credit

NorthBridge engaged a software developer located in the Region of Waterloo that was developing new software and technology in the mobile application space. The company was looking to develop new innovative software and invest in cutting edge research. The company had looked into several government incentive programs but were unaware of how these programs could support their company objectives. Our team was able to provide information about the SR&ED tax credit program, which provides support for labour, overhead, materials, and subcontractor costs related to scientific research and experimental development.

Our NorthBridge team worked with the company to submit claims for their new development projects. As a result of our technical writing skills and communication with the company, they were fully approved for the project expenditures that were claimed. The refundable credit that was awarded will be directly invested in their future development projects and will allow the company to expand their research and development portfolio.

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We offer opinions and insider information that can provide a pulse on government initiatives, the health of the Canadian economy, and firsthand thoughts from Canadian business owners.

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