2024 SR&ED Updates: Expanded Eligibility, Increased Claim Amounts, and more
With a number of changes promised to the SR&ED program over the past several years, 2024 has seen several updates in the form of increased expenditure limits, expanded eligibility, the ability to make amended claims based on new government assistance definitions, and the implementation of a client portal system. Upcoming SR&ED Reforms A $1.9 billion […]
December 2024 Government Funding Updates
At NorthBridge, we keep up to date on all the most recent government funding updates, intake announcements and upcoming grant deadlines in Canada so you don’t have to. Each month, we will be providing a summary of the most important news in government funding. Get in touch today to learn more about each program and […]
CRA Launches Client Portal System for SR&ED Claim Preparation
The Canada Revenue Agency (CRA) launched a new Client Portal system on October 22 to assist SR&ED claimants with preparing their claims. Available through My Business Account, the Client Portal will allow claimants to access information on processing times and post-submission procedures. In addition, a pre-claim workbook will be provided that can be used to […]
November 2024 Government Funding Updates
At NorthBridge, we keep up to date on all the most recent government funding updates, intake announcements and upcoming grant deadlines in Canada so you don’t have to. Each month, we will be providing a summary of the most important news in government funding. Get in touch today to learn more about each program and […]
Regional Development Agencies Announce New $200M AI Initiative
A new initiative for artificial intelligence was recently announced through Canada’s regional development agencies (RDAs) to support Budget 2024’s commitment to advancing AI adoption and technology development, particularly in critical sectors such as agriculture, healthcare, clean technology, and manufacturing. The Government of Canada is providing $200 million towards the Regional Artificial Intelligence Initiative (RAII), to […]
Are You Eligible for the Clean Economy Investment Tax Credits?
Following the initial announcement of the Clean Economy Investment Tax Credits (ITCs) in Budget 2021, continuous updates have been made to the tax credit offerings, credit amounts, terms of eligibility, and stacking restrictions. Several consultations have been held to allow Canadians to provide feedback on the terms of the credits, which include Carbon Capture, Utilization, […]
October 2024 Government Funding Updates
At NorthBridge, we keep up to date on all the most recent government funding updates, intake announcements and upcoming grant deadlines in Canada so you don’t have to. Each month, we will be providing a summary of the most important news in government funding. Get in touch today to learn more about each program and […]
The Benefits of Increasing R&D in Canadian Firms
Research and development (R&D) is considered a key part of achieving innovation in various industries. In particular, advanced sectors, which include industries such as life sciences, information technology, and advanced manufacturing, benefit from investments in R&D. Investment in R&D has the potential to lead to significant economic growth for individual companies at a national level, […]
September 2024 Government Funding Updates
At NorthBridge, we keep up to date on all the most recent government funding updates, intake announcements and upcoming grant deadlines in Canada so you don’t have to. Each month, we will be providing a summary of the most important news in government funding. Get in touch today to learn more about each program and […]
Incubators and Accelerators in Canada
Incubators and accelerators offer programming to support the development of startups and other early-stage companies. Through these organizations, early entrepreneurs can gain access to valuable resources, including office space, hiring assistance, mentorship opportunities, peer networking, workshops and training, and access to early-stage capital. While incubators tend to focus on companies still in a pre-development or […]