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Frequently Asked Questions

How do I know if my project qualifies for program funding?

Government funding programs all have specific qualification criteria based on the body that administers them, for example, to claim for SR&ED a business’s R&D activities need to meet the criteria set by the Canada Revenue Agency (CRA). Northbridge’s experts are here to explain the eligibility requirements and guide you through the process of assessing research and development work to meet these qualifications.

Yes, you can apply for multiple government funding programs, but there are important considerations that Northbridge assists with such as stacking and overlapping funding, targeting different funding purposes, and ensuring eligibility across multiple programs.
Documentation requirements vary depending on the program being applied for. For the most common SR&ED program, the CRA requires a reasonable level of support documentation for details such as project descriptions, financial records, time tracking, and technical reports, all of which Northbridges experts can provide assistance with in real time.
Timeline and resolution of claims are dependent on the governing body that administers each program. A typical example of a claim process for a SR&ED submission may require 1 month of establishing the claim documentation and filing with an accountant with an additional 2 to 6 month waiting period for the CRA to process a claim and provide a refund or credit.
Common errors include providing improper project descriptions, insufficient documentation, or missing out on eligible expenses. Northbridge’s experts all have backgrounds in engineering and technology and are trained to identify all possible expenditures to get the most out of your claims.

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