| WELCOME
to TSGI - Canada Research & Development Funding |
Come see us at the Global Petroleum Show June 10-12, Booth 9131 Hall G.
Beginning in 2009, the new Alberta tax credit may increase your R&D cash-back credits to as much as 41.5%.
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Research and Development Funding
Research and Development funding is assisted by numerous programs
in Canada, but of primary importance are two administered
at the federal level: the SR&ED program and the Industrial
Research Assistance Program (IRAP). The first is a research
and development tax credit (returning as much as 35% in cash)
based on money already committed and spent by your company
and the second is a forward-focused government grant program
based on projected expenditures. Taken together, the two programs
work in harmony to help overcome the funding and risk gaps
otherwise facing business in bringing technology innovation
to fruition, wherever on the industrial spectrum it may be
– from
biodiesel to medical.
SR&ED and Industrial Research
Assistance Program (IRAP)
Technology Strategies Group Inc (TSGI) is ideally placed in
Canada’s burgeoning area of economic activity (Calgary, Alberta,
Canada) to assist companies with the complementary paths of
project definition, description, and identification of associated
financial resources needed for both the SR&ED program
and Industrial Research Assistance Program. TSGI’s experienced
Chartered Accountants and technology gurus team up to provide
a holistic approach to your company’s research and development
funding needs. While government grant proposal writing is
the focus for Industrial Research Assistance Program, the
SR&ED program has strict financial rules that must be
followed both for the research and development tax credit
itself and to coordinate with general tax filing. Both have
a labyrinth of requirements that TSGI is skilled at navigating
through their decades of collective experience
with the programs.
New Product Development Funding
Both the SR&ED and Industrial Research Assistance programs
assist with funding (within each program’s guidelines),
extending to new process / material / device development and
incremental improvements to existing products / processes
/ materials / devices. Each can broadly be described as a
technology development program; many others of lesser size
and extent exist for designated industries, fields of endeavour,
or targeted results (such as CO2 reduction projects) that
can generally be described as research funding grants. TSGI
has the flexibility and vision to assist
in a broad range of research and development funding.
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