In rural-based communities in eastern Ontario, aboriginal-based organizations, non-profit organizations, and legal commercial enterprises can receive up to $100,000 per annum, or a maximum of 50% eligible expenditures, from the Eastern Ontario Development Program (EODP) to create new businesses or… Read more »
NorthBridge Success Story: Ontario Manufacturer Leverages SR&ED Tax Credit to Invest in Product Development
NorthBridge engaged a manufacturer in Brant County that was looking to develop new products and processes for their manufacturing facility. In order to enter new markets and become more competitive, the company was looking to invest in research and development.… Read more »
SWODF Supports Expansion Projects in Southwestern Ontario
Southwestern Ontario companies that are looking to invest in an expansion project at their facility should consider the Southwestern Ontario Development Fund (SWODF). The focus of the program is to support job creation, innovation, and economic development in Southwestern Ontario.… Read more »
Funding to Support Expansion Projects in Eastern Ontario
Companies located in Eastern Ontario that are looking to invest in a facility expansion project should consider the Eastern Ontario Development Fund (EODF). This funding program supports investment in Eastern Ontario, new innovation, and the creation of new jobs. EODF… Read more »
AgriInnovation Program – Commercialization and Adoption Stream
The AgriInnovation Program (AIP) is a five-year program administered by Agriculture and Agri-Food Canada. The purpose of this program is to develop research and development projects to increase economic growth in Canada’s agri-food sector. The AIP is divided into two… Read more »
AgriInnovation: Research and Development Stream
The AgriInnovation Program (AIP) was introduced by Agriculture and Agri-Food Canada in 2013 as part of the five-year Growing Forward 2 Initiative. The program received $468 million to support companies in the agriculture industry that are participating in research and… Read more »
NorthBridge Success Story: Ontario Software Developer Qualifies for SR&ED Tax Credit
NorthBridge engaged a software developer located in the Region of Waterloo that was developing new software and technology in the mobile application space. The company was looking to develop new innovative software and invest in cutting edge research. The company… Read more »
Western Innovation Initiative
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 »
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 »