Posts Tagged ‘sred’

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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Gravitational Wave Astronomy and the New Space Economy: R&D in Spacetime

On February 11th 2016, the Advanced Laser Interferometer Gravitational-wave Observatory (LIGO) team announced that on September 14, 2015 at 5:51 a.m. Eastern Daylight Time (09:51 UTC) they detected gravitational waves from two black holes merging approximately 1.3 billion light years from Earth by both twin Laser Interferometer Gravitational-wave Observatory (LIGO) detectors, and named the event signal GW150914 (Gravitational Wave 2015-09-14).

As the first observation of a binary black hole merger, the detection of GW150914 confirms the existence of binary stellar-mass black hole systems, and the occurrence of such collisions within the current span of the universe (approximately 13.8 billion years). According to David H. Reitze, executive director of the LIGO Laboratory, the detection of gravitational waves “accomplishes an ambitious goal set out over 5 decades ago to directly detect this elusive phenomenon and better understand the universe, and, fittingly, fulfills Einstein’s legacy on the 100th anniversary of his general theory of relativity.”

Basic_michelson_with_FP_and_PR_labeled

Above- Basic Michelson Interferometer with Fabry Perot cavities and Power Recycling mirror. Source: LIGO’s Interferometer | LIGO Lab | Caltech

Technology for Hearing Spacetime Music

This monumental discovery was made possible by the innovative technological capabilities of LIGO’s Interferometer, the world’s largest and most sensitive device measuring the miniscule disturbances that the waves make to space and time as they pass through the earth.

Building on the technology of the Michelson Interferometer device first invented in the 1880’s, the LIGO Interferometer features 4km long arms, 360 times longer than the original device, with the integration of “Fabry Perot Cavities” for increased sensitivity as well as an enhanced laser power for increased resolution. The increased arm length of the device allows the lasers to travel further, thereby, increasing instrumental sensitivity to vibrations. The “Fabry Perot Cavities” span the length of the arms with additional mirrors on each arm end and the beam splitter perfectly aligned to reflect laser beams back and forth 280 times prior to merging with the beam on the other arm. This enables the interferometer to store light for longer durations, and increase the travel distance of lasers to 1120km (144,000 times larger than the original Michelson interferometer). Increased resolution is achieved by a “power recycling” one-way mirror which allows light to pass through, split along the arms and reflect back into the interferometer, thereby, boosting laser power from 200W to 750kW.

Event horizon of Gravitational Wave Astronomy Research

The detection of gravitational waves, in addition to the recent discovery of the Higgs Boson confirmed on March 14th 2013, brings forth a new era of astrophysics, gravitational wave astronomy, and aerospace technology. This, in turn, inspires policy reform and funding opportunities for research and development as countries race to the forefront of discovering space and, perhaps, even the origins of our existence.

The Canadian aerospace manufacturing industry includes civil and defense activities, space systems manufacturing, satellite operations as well as value-added applications, altogether contributing over $29B to the Canadian GDP in 2014.

In order to continually stimulate commercialization of Canadian space companies and secure a significant share of the New Space Economy, the Canadian government provides support to the industrial space technology private sector through direct government investment as well as through the federal Scientific Research & Experimental Development program (SR&ED),

The SR&ED program is a pivotal incentive for Canadian aerospace companies to continue investing in R&D; however, multiple direct government investments are also available including the Strategic Aerospace and Defence Initiative (SADI) as well as the Canadian Space Agency’s (CSA) Class Grant and Contribution Program to Support Research, Awareness and Learning in Space Science and Technology and the Space Technology Development Program (STDP). These programs provide financing for breakthrough technologies and help to enhance industry competitiveness and capabilities.

As we continue to make giant strides in scientific discoveries, technological advancements and ultimately, understand our place in the universe, we must remember to remain guided by the basic principles that define our humanity to “learn from yesterday, live for today, hope for tomorrow. The important thing is to not stop questioning” – Albert Einstein

Funding Webinar: Optimizing Returns from Multiple Government Funding Sources

We invite you to join us for our upcoming information session!

Domestic and international competition is forcing Canadian businesses to develop new or improved products, increase productivity and expand sales in global markets. Financing for innovation or growth has always been a challenge for many companies in Canada. Both the federal and provincial governments provide their financial support through over $20 billion in various funding programs each year. Sourcing funding from both SR&ED tax credits and other direct government incentive programs can give companies the edge they need to take their business to the next level.

WHEN: Thursday, November 26, 2015
WHERE: Online @ 11:00am EST

Learn About:

  • Types of government funding opportunities
  • Eligibility for financing, funding, and tax credits
  • Optimizing your returns from multiple government funding programs
  • Compliance issues between SR&ED and other government funding sources

Click here to register for this informative webinar!

Speaker

Gerry Fung, CPA, CMA, P.Eng.
Group Manager, Business Services

How the New Federal Cabinet Might Impact R&D Funding in Canada

On November 4th, Prime Minister Justin Trudeau’s first, thirty-person cabinet was sworn into office. This group includes two ministers who will hold research and development-related portfolios in the new government. Kirsty Duncan, a medical geographer and former professor at the University of Windsor and the University of Toronto, was named Minister of Science, replacing outgoing minister Ed Holder, who had served in that capacity since March 2014. Professor Duncan served on the Nobel prize-winning Intergovernmental Panel on Climate Change and has been a Member of Parliament since 2008.

Navdeep Singh Bains will head the renamed Industry Canada, now the Ministry of Innovation, Science and Economic Development, previously helmed by James Moore. The new minister is a former professor at Ryerson University’s Ted Rogers School of Management and a former accountant at the Ford Motor Company of Canada. He previously served as an MP from 2004-2011 before being re-elected in 2015.

The new Ministry of Innovation, Science, and Economic Development reflects a shift in the organization of the ministry. Previously, the six regional development agencies responsible for administering regional government funding programs, including the Atlantic Canada Opportunities Agency (ACOA), Western Economic Diversification Canada (WD), and the Federal Economic Development Agency for Southern Ontario (FedDev), were assigned to individual cabinet ministers. In the new government, Professor Bains will be the portfolio minister responsible for the six agencies.

The appointments, in addition to the centralization of the 6 regional development agencies, may indicate a re-emphasis on research and development and its contribution to Canadian economic development. We will continue to outline what impact these governmental changes will have on the state of government funding in Canada as more details become available.

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Linking Government Grants to SR&ED: Digital Media Sector

Over the last twenty years, indirect funding has become the most common source of funding for eligible research and development (R&D) work. The Scientific Research and Experimental Development (SR&ED) tax incentive program has been used as one of the main indirect funding sources by countless companies performing R&D. Although SR&ED continues to help companies remain competitive through supporting innovative development, direct funding from repayable and non-repayable grants is beginning to gain momentum.

In Canada, companies in the digital media industry can benefit from both direct and indirect funding. Currently, digital gaming for online, mobile platforms is making major headway in Canada. Game development relative to improvements in concurrency, presentation, processing power, cross-platform development, simulation and motion capture, as well as mobile or online gaming are eligible for indirect funding through SR&ED. Moreover, interactive digital media (IDM) companies can receive direct funding through the Canada Media Fund (CMF) to cover expenditures related to the development, production, and marketing of IDM products.

There are two streams in CMF: convergent and experimental. The convergent stream is for development projects, whereas the experimental stream provides funding for development, production, and marketing and promotion. Technology infrastructure, project audit fees, research and content preparation, salaries and benefits, and travel and accommodation are eligible expenditures. Additionally, IDM companies can receive funding through the experimental stream for expenditures related to the cost to put digital content online, such as copyright clearance and translation costs.

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