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 indirect funding sources by countless companies performing R&D. Although SR&ED continues to help companies remain […]
Techtoberfest – Investment and Funding Opportunities for Startups
Communitech will be hosting its Techtoberfest 2015 event from October 13 – 14. This two-day conference is geared towards CEOs and founders of startups that are looking to learn more about investment opportunities. In addition to the multitude of presentations offered, this event is a great networking opportunity that will allow startups to connect with […]
Learn From The Experts: Government Funding Seminar in Abbotsford, BC
Don’t miss an opportunity to learn from the experts about how different government funding programs can help you realize and accelerate your corporate goals. Register today to attend a free breakfast seminar on government funding and learn about funding opportunities to support growth, investment in innovation, and workforce development. Time: Wednesday, September 30, 2015 7:30 am […]
2015 Waterloo Innovation Summit: What Drives Leading Innovative Ecosystems?
The 2015 Waterloo Innovation Summit begins today as a three day event that features a guided tour of the Waterloo Region ecosystem as well as a distinguished lineup of keynote speakers, firesides chats, and panel sessions at the main summit locations. Home to Canada’s most innovative University and over 500 tech companies, Waterloo Region boasts […]
Summary of Provincial and Territorial R&D Tax Credits
The Canada Revenue Agency has recently released the most current summary of provincial and territorial R&D tax credits. Recent program developments by region include: Manitoba As of January 1, 2014, the definition of ‘eligible expenditures’ has been amended in line with the federal reduction in the prescribed proxy amount to 55%, and the reduction to […]
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 […]
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 […]
Funding to Support Economic Development in Eastern Ontario
In rural-based communities in eastern Ontario, aboriginal-based organizations, non-profit organizations, and legal commercial enterprises can receive up to $100,000 per annum, or a maximum of 50% eligible expenditures, from the Eastern Ontario Development Program (EODP) to create new businesses or expand existing businesses as well as foster community-based initiatives for local community growth. Several expenditures […]
NorthBridge Success Story: Ontario Manufacturer Leverages SR&ED Tax Credit to Invest in Product Development
NorthBridge engaged a manufacturer in Brant County that was looking to develop new products and processes for their manufacturing facility. In order to enter new markets and become more competitive, the company was looking to invest in research and development. They had looked into government funding programs but were unaware that they qualified and could […]