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 […]
NorthBridge Success Story: Ontario Manufacturer Leverages SR&ED Program to Compete in Automotive Industry
The automotive industry is constantly changing and seeking new innovations in product development in order to satisfy the ever-growing demands of consumers. One of our manufacturing clients in Ontario continuously develops highly innovative products to remain competitive in this industry; NorthBridge engaged with them to help optimize their refundable tax credits from the Scientific Research & Experimental […]
Top 10 Innovations in July
July 22, 2014 – Stanford researchers invented a process to dissipate heat in solar cells, which are prone to overheating. Researcher Shanhui Fan concluded applying silica glass onto solar cells in a particular pattern facilitates cooling without using an additional energy source. July 8, 2014 – University of California researchers developed a lithium ion battery […]