Venbridge’s flexible SR&ED financing solutions put you in control of your funding timeline. As you spend on SR&ED-eligible expenditures throughout the year, you accrue an expenditure pool that you can submit as part of a tax credit claim with your annual taxes. If you have a legitimate claim to refundable SR&ED tax credits, you’ll receive … Read more
If you’ve reached the next stage of your research and development (R&D) project, you’re likely on the hunt for additional capital. Research is expensive: in addition to the salaries paid to yourself or your research team, you’ll need to foot the bill for materials, overhead costs, and other related expenses. None of this is easy … Read more
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
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
Canada’s commitment to fostering innovation is evident through its Scientific Research and Experimental Development (SR&ED) tax credit program. Designed to incentivize research and development (R&D) activities, SR&ED provides businesses with valuable tax credit incentives. However, waiting for your SR&ED refund can take a significant amount of time, often too long for growing businesses, resulting in … Read more
The Scientific Research and Experimental Development (SR&ED) program is a tax incentive program used to encourage Canadian businesses of all sizes across numerous industries to conduct research and development (R&D) work in Canada. Regardless if you have a start-up, small business, or large enterprise, your company can take advantage of the SR&ED program as long … Read more
Reading time: 4 minutes. One of the biggest challenges companies in Canada face when it comes to pursuing research and development (R&D) is securing adequate funding to facilitate operations. While ample grants, loans and even equity-based options are available, one of the most beneficial, non-dilutive avenues for scientific and technological-based initiatives to consider is the Scientific Research … Read more
Reading time: 5 minutes. Do you know how to give your SR&ED claim the best opportunity to be approved or, better yet, maximize your refund? The Scientific Research and Experimental Development program (SR&ED) is Canada’s largest government-funded source of support for companies pursuing research and development (R&D) and technological advancement across the country. The main goal … Read more
Reading time: 4 minutes. As Q2 of 2023 begins to hit its full stride, R&D-based businesses in Vancouver, Montreal, and Toronto are actively looking to enhance their capital stack and secure viable funding to extend their financial runway through the end of the year. With the Government of Canada introducing new tax incentives for Clean Tech and … Read more
Reading time: 4 minutes Are you looking to increase your capital stack and diversify your funding in 2023? For companies across Canada, knowing how to take advantage of government initiatives like the Scientific Research and Experimental Development (SR&ED) program are essential to maximizing your capital and, in the case of SR&ED applicants, furthering your project objectives. … Read more