Innovation Through Financing: Leveraging the Digital Media Tax Credit 

Leveraging the Digital Media Tax Credit

For companies in the interactive digital media industry, staying at the forefront of technology and creativity is crucial. Provincial governments across Canada recognize the significance of fostering innovation within this dynamic field and offer support through the Interactive Digital Media Tax Credit (IDMTC). At Venbridge, we understand Canadian companies’ unique challenges in the interactive digital … Read more

Unlocking Growth with the Ontario Interactive Digital Media Tax Credit

Unlocking Growth with the Ontario Interactive Digital Media Tax Credit

With Ontario continuing to be one of Canada’s most vibrant hotbeds for innovation, the digital media industry has seen unprecedented growth over the past two decades. Introduced in 1998, the Ontario Interactive Digital Media Tax Credit (OIDMTC) was designed to foster the digital media industry, specifically when it comes to education and innovation. Below, we’ll … Read more

What to Know Before Trying to Claim the Interactive Digital Media Tax Credit

What to Know Before Trying to Claim the Interactive Digital Media Tax Credit

Reading time: 4 minutes Offered by several Canadian Provincial Governments, the Interactive Digital Media Tax Credit (IDMTC) allows companies and start-ups to strengthen their position in the digital media market. These programs incentivize various companies to begin innovative projects, similar to the Scientific Research and Experimental Development (SR&ED) program. While SR&ED and IDMTC are vastly … Read more

Boost Your Digital Media Venture with Canada’s IDMTC Program

Boost Your Digital Media Venture With Canada’s IDMTC Program

Reading time: 4 minutes. Are you looking to enhance your capital stack in 2023 and solidify your position as a major contender within the digital media industry? Knowing how to leverage government grants and funding is essential to fuelling any startup or Canadian business that paves the way for innovation. While many in the Research … Read more