Originally announced as part of the 2015 Provincial Budget released in April, the government of Newfoundland and Labrador has recently finalized and implemented a new interactive digital media tax credit to support businesses in the competitive digital media industry. The… Read more »
Linking Government Grants to SR&ED: Digital Media Sector
Over the last twenty years, indirect funding has become the most common source of funding for eligible research and development (R&D) work. The Scientific Research and Experimental Development (SR&ED) tax incentive program has been used as one of the main… Read more »
Upcoming Digital Media Events in Ontario
Digital media professionals do more than create software and content that entertain the masses. They also play a big part in helping medical professionals work together to improve patient care and save lives. On October 14, Interactive Ontario is hosting… Read more »
Linking Government Grants to SR&ED: Capital Equipment
The Canadian government allocates a portion of the Gross Domestic Product (GDP) to direct and indirect funding for businesses. Direct funding is made available in the form of repayable and non-repayable grants, while indirect funding is available in the form… Read more »
Linking Government Grants to SR&ED: Business Expansion
In order to sustain a thriving economy, the government of Canada continually invests in business growth and expansion through various direct and indirect sources of funding. Over the past five years approximately 35% of Canadian gross domestic expenditure on R&D… Read more »
Linking SR&ED to Training
There are many different government funding programs available to Canadian companies. The Scientific Research and Experimental Development (SR&ED) program is $3.5 billion tax credit initiative that encourages Canadian companies to invest in R&D. However, to optimize corporate returns from government… Read more »
Leveraging Hiring Grants and SR&ED Tax Credits
The Scientific Research & Experimental Development (SR&ED) tax credit program, administered by the Canada Revenue Agency, allows companies that engage in processes that result in new or improved product development to secure government funding to support their innovative work. The… Read more »
Ontario Food Processor Qualifies for Employee Training on ERP System
NorthBridge engaged an Ontario food processor that was looking to invest in new ERP software for their manufacturing facility. The project included the purchase of the new software, the purchase of related technology and equipment, and employee training on the… Read more »
NorthBridge Spring 2015 Newsletter
NorthBridge Consultants’ Spring 2015 Newsletter is out! Topics covered include: Funding Solutions for Digital Revolutions Kitchener-Waterloo, Ontario British Columbia Interactive Digital Media Tax Credit The Future Belongs to the Bold: Client Spotlight SR&ED in the Software Industry Funding Creation of… Read more »