Medical Research Funding
A broad range of forward-looking medical research grants may
be available to your company’s medical research projects,
or to you as an individual, depending on the specifics of
your project.
The SR&ED program provides medical research funding based
on financial resources that have already been expended, so
if this is your situation it is quite possible that the program
is already applicable to you (or of course may be in the future).
Medical research by its nature is likely to fall into the
“scientific research” end of the spectrum of SR&ED (versus
experimental development), which generally can be easily shown
to meet the SR&ED criteria of scientific (versus technological)
advancement/uncertainty, and again by its nature intrinsically
requires careful documentation of all stages of the current
medical research. Complications can arise, however, if other
medical research grants are involved and/or the ownership
of the Intellectual Property is dispersed among more than
one entity that may be funding the medical research. TSGI
can assist with this potentially complex area.
Medical Research Studies Outside
of Corporations
Projects that are executed outside of a corporate entity (eg
by individuals) are theoretically included within program
eligibility, but on a practical basis SR&ED funding can
be impaired by this situation. Therefore if you are still
in the planning stages, TSGI can advise you on improving the
structure within which the medical research studies will be
executed. Also, sometimes researchers believe they can further
the progress of the medical research projects by paying themselves
minimal salaries. TSGI has repeatedly shown researchers that
this is a flawed approach; we can show you too.
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