2015-2016 OMDC Interactive Digital Media Fund Details Released
As part of the April 23, 2015 budget, the Ontario government has injected additional funding into the OMDC Interactive Digital Media fund program to enhance its mandate. The IDM fund, aimed at enabling the creation of high quality, interactive digital media content that positively affect Ontario economy, is administered by the Ontario Media Development Corporation […]
Application Intake Soon Closing for Growing Forward 2
The second intake of Ontario Growing Forward 2 (GF2) applications for 2015 will be closing on August 27th, thus marking the sixth intake round of applications since the start of the program. Canadian agri-processors and producers will have another chance to apply for the GF2 program in the third and final 2015 intake, which will be […]
NorthBridge Summer BBQ
The NorthBridge Social Committee hosted a Summer BBQ for our company this afternoon. All of our employees were able to come out and enjoy some great weather and some great food. From all of us here at NorthBridge, we hope you are having a safe and enjoyable summer!
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 of tax credits. The most widely known indirect funding program is the Scientific Research and […]
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 was financed by both direct and indirect government funding initiatives. Although the majority of financing […]
Upcoming Growing Forward 2 Application Intake
As the second 2015 intake period of applications for Growing Forward 2 approaches, this is a prime opportunity for companies in the Canadian agri-food and agri-products sector to identify eligible projects that may qualify for cost-share funding. Producers and processors will be able to submit applications for funding from August 10 to August 27 (with […]
Employee Spotlight: Chloe Carloni
Chloe Carloni had joined our NorthBridge Technical Writing team in 2015 and is based on the West Coast in BC. As a Technical Writer, Chloe is responsible for composing SR&ED narratives and gathering and preparing all the necessary documentation required for our clients’ SR&ED claims. Chloe’s favourite part about her role is working with clients […]
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 funding programs, other grants can be leveraged in addition to SR&ED. One of the main […]
Summer 2015 Newsletter – Business Innovation
NorthBridge’s Summer 2015 newsletter is out! Topics covered include: Innovation and SR&ED IRAP funding for R&D IRAP’s New Business Innovation Access Program Spotlight: Sol Algranti Fed Dev’s Investing in Business Innovation Program AgriInnovation
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 program provides tax credits on eligible labour, overhead, material, and subcontracting costs dependent on the […]