Posts Tagged ‘IRAP’

$1.26B Canada Strategic Innovation Fund Launched

Manufacturers and technology firms who invest in innovation can now apply for repayable and non-repayable funding of up to 50% of eligible project costs under the recently launched Strategic Innovation Fund (SIF). 

If your company is investing in R&D or expansion, the SIF can help support the costs of direct labour, subcontractors and consultants, as well as overhead, direct materials and equipment, land and building and other direct costs.

Launched on July 5th 2017 with the objective of spurring Canadian innovation, the SIF provides funding under four streams:

  • Stream 1 (R&D)- Encourage R&D that will accelerate technology transfer and commercialization
  • Stream 2 (Expansion)- Facilitate the growth and expansion of firms in Canada
  • Stream 3 (Global Investment)- Attract and retain large scale investments to Canada
  • Stream 4 (Collaboration)- Advance R&D through collaboration between universities, non-profit organizations and the private sector.

With a $1.26B budget allocated for five years, the SIF provides a good alternative to IRAP funding. It consolidates and simplifies the previous Strategic Aerospace and Defence Initiative, Technology Demonstration Program, Automotive Innovation Fund and Automotive Supplier Innovation Program.

Contact us to today for a free, no obligation consultation to find out how the SIF can help you maximize your R&D and business growth initiatives.

November 2 Toronto Seminar: The Government Can Be a Source of Non-Dilutive Financing for Your Startup

Don’t miss an opportunity to learn about how SR&ED tax credits, non-repayable grants and interest-free loans can give your early-stage company the edge it needs to finance growth.

If you need to extend your runway, consider doing so in a non-dilutive manner by taking advantage of government funding.

Join us for a free seminar on November 2, 2016 that will cover the following topics:

  • Scientific Research and Experimental Development (SR&ED) tax credits
  • Industrial Research Assistance Program (IRAP) funding
  • Ontario Centres of Excellence (OCE) funding
  • Federal Development Investing in Business Innovation (IBI) loans
  • Business Development Bank of Canada (BDC) support
  • Structuring your company to take advantage of Canadian funding opportunities

When:
November 2, 2016
5:00 – 5:15 p.m. : Registration
5:15 – 6:30 p.m. : Seminar with Q&A
6:30 – 7:15 p.m. : Networking and Refreshments

Where:
Aird & Berlis LLP
Brookfield Place, 181 Bay Street, Suite 1800 – Toronto (map)

Booking/ Registration:
Please RSVP online

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November 2 Seminar: The Government Can Be a Source of Non-Dilutive Financing for Your Startup

Aird and Berlis poster for Nov 2016 seminar

Financing a startup company for innovation or growth has always been a challenge for many in Canada. However, what we lack in VCs is made up for by our plethora of government funding sources. Both the federal and provincial governments provide financial support through over $20 billion in various funding programs each year. If you need to extend your runway, consider doing so in a non-dilutive manner by taking advantage of government funding.

Join us for a free seminar on November 2, 2016 to learn about how sourcing funding from SR&ED tax credits, non-repayable grants and interest-free loans can give early-stage companies the edge they need to finance growth. This seminar will cover the following topics:

  • Scientific Research and Experimental Development (SR&ED) tax credits
  • Industrial Research Assistance Program (IRAP) funding
  • Ontario Centres of Excellence (OCE) funding
  • Federal Development Investing in Business Innovation (IBI) loans
  • Business Development Bank of Canada (BDC) support
  • Structuring your company to take advantage of Canadian funding opportunities

When:
November 2, 2016
5:00 – 5:15 p.m. : Registration
5:15 – 6:30 p.m. : Seminar with Q&A
6:30 – 7:15 p.m. : Networking and Refreshments

Where:
Aird & Berlis LLP
Brookfield Place, 181 Bay Street, Suite 1800 – Toronto (map)

Booking/ Registration:
Please RSVP online

Speakers:

Gerry Fung
CPA, CMA, P.Eng. Vice President, Business Services at NorthBridge Consulting Services Inc.

 

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Upcoming Seminar- Leveraging SR&ED to Reduce Patent Application Costs

Exploiting synergies between SR&ED/IRAP and patent applications can save time and resources

Many people don’t realize that significant parallels exist between what is required for a SRED/IRAP filing and for a patent filing. Join experts from Northbridge Consultants, a professional engineering firm and subject matter expert on government funding, and PCK, a leading boutique intellectual property firm, and find out how you can efficiently combine your SRED/IRAP and patent application processes.  The seminar will include a discussion about the requirements for the SRED and IRAP programs, about the fundamentals of intellectual property protection, and about how the application process for each filing can be combined into a single process, allowing you to coordinate actionable tasks within relevant time periods. [ Register now for this free seminar]

When: Thursday, June 23, 2016

Seminar location: 

Treehaus Collaborative Workspace
79 Joseph Street
Kitchener, Ontario

Time: 1pm – 3pm

Speakers:

andrewcurrier

Andrew Currier, BSEE, LL.B., P.Eng.
Co-Founder and CEO
PCK | Perry + Currier Inc. | Currier + Kao LLP
Ph: 519-883-0035 x109
Email: currier@pckip.com

Gerry_WP

Gerry Fung, CPA, CMA, P.Eng.
Group Manager, Business Services
NorthBridge Consulting Services Inc.
Ph: 519-623-2486 x242
Email: gerry@northbridgeconsultants.com

 

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Upcoming Seminar in Delta, BC – Innovation Funding Programs for Growth-Oriented Companies

Please join us on January 27, 2016 at the Delta Town & Country Inn for a breakfast seminar on Government Funding for innovation presented by Northbridge Consultants and NRC-IRAP. This seminar will provide a unique opportunity for growth-oriented companies to network and learn from the experts about various tax credits, grants and loans for research, innovation and experimentation .

Time: Wednesday, January 27th, 2016
7.30 am – Breakfast and networking
8.00 to 9:30 am – Presentation and Q&A

Location: Delta Town & Country Inn, 6005 Highway 17A (at Highway 99), Delta, BC (map)

Please register online by January 25th, 2016. (Registration is $15 and includes breakfast)

Synopsis: Each year the Canadian Government provides over $7 billion in innovation funding for small- and medium-sized businesses in various industries including but not limited to manufacturingdigital media, plastics and chemicalsfood processing, biotechnology, and aerospace.

Our Regional Manager for Western Canada, Jaap Siekman, will be hosting the seminar together with Erik Kaas, the Innovation Advisor for the National Research Council of Canada (NRC-IRAP) Concierge Service. Together, they will cover a range of government grants and funding programs including the National Research Council’s Industrial Research Assistance Program (NRC-IRAP), the Scientific Research and Experimental Development (SR&ED) Tax Credit Program and the Agri-Innovation Program among others.

Sourcing funding from multiple government programs to meet business goals and continually invest in innovation is essential to securing a competitive advantage and accelerating the growth of your business.

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