As the innovation limits are continually being pushed, the Canadian government continues to support the Western Innovation Initiative (WINN). WINN provides interest-free repayable contributions (covers up to 50% of capital equipment and other direct expenditures) for SMEs located in Western… Read more »
Employee Spotlight: Nhuan Vuong
Nhuan Vuong joined NorthBridge in October and has already made major contributions to our team. As a technical writer, his job includes writing project narratives for SR&ED applications as well as applications for government grants, loans, and other tax credits.… Read more »
OIDMTC Supports Development of Digital Media in Ontario
The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit that supports the development of interactive digital media in Ontario. Eligible projects must be interactive digital media that includes content designed to educate, inform, or entertain that… Read more »
Winter 2015 Newsletter- Government Funding Year in Review
Northbridge Consultant’s Winter 2015 newsletter is out! Topics covered include: The 2014 Government Funding Year in Review CME SMART Advanced Technologies for Global Growth SR&ED Opportunities in the Plastics Industry Relish Interactive: We’re the New Ketchup Early Stage Exporters Funding… Read more »
Linking SR&ED to Government Grants: IRAP
The Provincial and Federal government work together to deliver funding programs to encourage companies to invest in innovation. The Scientific Research and Experimental Development (SR&ED) program funds R&D work conducted in Canada in the form of a tax credit. On… Read more »
The SR&ED Champion
Many companies who perform work that is eligible for the Scientific Research and Experimental Development (SR&ED) program choose not to participate due to time constraints. It is one of the ironies of the SR&ED program that the very companies that… Read more »
Early Stage Exporters Fund
The Ontario Chamber of Commerce has released a new funding program called Early Stage Exporters (ESE). The ESE program will assist early-stage post-revenue companies to attend international trade shows, participate in outgoing or incoming missions, develop marketing tools, invest in market… Read more »
SR&ED Audit Review Tips
Claimants for Scientific Research and Experimental Development (SR&ED) tax credits must always keep in mind that their claim may be subject to an audit or review by the Canada Revenue Agency (CRA). Having everything prepared for a SR&ED audit or… Read more »