On Friday, November 21st Launch Academy, Plug and Play Canada and Boast Capital drew a crowd of over 500 investors, entrepreneurs, corporate executives, government representatives, media, and more to Cascadia Summit, the official closing event of Startup Week Vancouver.
On October 23, we hosted a Lunch & Learn at Spring for growth-oriented companies. We partnered with Stephanie Sang, from Granted Consulting, as well as Paul Austin from Sustainable Development Technology Canada (SDTC) to provide the following information.
The Scientific Research & Experimental Development (SR&ED) tax credit is Canada’s most popular R&D funding program. Last year, this program provided $3.4B to 22,000 companies. We know that this program can seem complicated for first-time claimers so we attempted to simplify it into an easy-to-read infographic.
If you have any questions, get in touch with us! We are more than happy to explain the program in more detail for your unique needs.
How does the Canada Revenue Agency (CRA) determine whether or not your project meets the Scientific Research & Experimental Development (SR&ED) specifications?