SR&ED Explained: What Does this Tax Incentive Mean for Businesses?

SR&ED Explained: What does this tax incentive mean for businesses?

The Scientific Research and Experimental Development (SR&ED) tax credit is a program the Canadian government offers that encourages businesses to conduct scientific and technological research. With the help of SR&ED, your business can reap the benefits of researching or developing new products in Canada. However, programs like SR&ED can often be complex, confusing, and challenging. … Read more

Power Your R&D in 2024 with SR&ED Financing

Power Your R&D in 2024 with SR&ED financing

Canada’s Scientific Research and Experimental Development (SR&ED) program is the country’s largest government initiative dedicated to supporting domestic businesses engaged in innovation and development. At Venbridge, we’re proud to partner with companies across Canada to offer trusted non-dilutive venture debt solutions that allow you to pursue innovation and development without the stress of overhead costs and managing … Read more

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

Unlock Growth Potential with Non-Dilutive SR&ED Financing

Unlock growth potential with non-dilutive SR&ED financing

Is your company looking to enhance its funding potential with government tax incentives, such as the Scientific Research and Experimental Development (SR&ED) program, but is concerned with the long wait period between incurring expenses and receiving reimbursement? Fortunately, Venbridge is here to help! By financing your SR&ED tax credits through Venbridge, your business can accelerate … Read more

Working with a SR&ED Consultant vs. Self-Preparing Claims

Working with a SR&ED consultant VS Self-Preparing Claims

The Canadian government’s Scientific Research and Experimental Development (SR&ED) program offers tax incentives to corporations engaged in research and development (R&D) activities, intending to fuel the growth of innovative enterprises nationwide. However, navigating the intricacies of the SR&ED program can be a tough challenge. While some businesses opt for the self-prepared approach to filing their … 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