Research and Development
All business should invest in R&D in order to maintain their competitive edge.
Below you'll find programs and resources to help you strategize your next R&D investment.
(Federal) Scientific Research and Experimental Development (SR&ED) Program
Contact: 416-973-1717
The SR&ED program is a federal tax incentive program to encourage Canadian businesses of all sizes and sectors to conduct research and development in Canada that will lead to new and improved or technologically improved processes and products. It is the largest single source of federal government support for industrial R&D. Tax credits for expenditures such as wages, materials, machinery, equipment and overhead are available to qualified businesses. Free public information sessions are available.
(Federal) The National Research Council-Industrial Research Assistance Program (NRC-IRAP)
Contact: 1-877-994-727
As Canada’s premier innovation assistance program for SMEs, the NRC Industrial Research Assistance Program (NRC-IRAP) provides a range of both technical and business oriented advisory services along with potential financial support to growth-oriented Canadian small- and medium-sized enterprises.
Four main components:
Technology Expertise and Advisory Services
Financial Assistance for R&D activities
Research and Technology Development Activities
Youth Employment Strategy Programs
IRAP’s Internship program with Innovative SME’s and Collaborative Research Internships
Networking & Partnerships
(Provincial) Ontario Centre of Excellence
Contact: 1-866-759-6014
Ontario Centres of Excellence is an independent, non-profit corporation to encourage, fund and promote commercial innovation in support of high-value jobs, healthy communities, a clean environment and economic prosperity with Ontario and Canada.