Ontario Research and Development Tax Credits for Small Businesses

Small Businesses in Canada operate with a wide variety of options to choose from regarding government incentives for Scientific Research and Experimental Development Programs (SR&ED). The government realizes the potential benefits of R&D projects along with the risks and costs associated with it. Therefore, the Canadian Government has released various tax credits which can be…

Research and Development Incentives for Canadian SMEs

Research and Development is a costly process that will not always yield the intended returns. However, it is a necessary process to promote growth and innovation within Canadian Industries. This is why the Canada Revenue Agency (CRA) is offering the Ontario Business Research Institute Tax Credit (OBRITC). Businesses who are considered eligible will receive a…

R&D Conference – EDCO Interactive Symposium

The Economic Developers Council of Ontario (EDCO) will be holding a conference at the Marriott Downtown Eaton Centre in Toronto on January 31st, 2012. This year’s conference will be an interactive symposium that is meant to prepare entrepreneurs and their employees to research, innovate, and develop solutions that will have positive impacts on their businesses…

UOIT Expands Capacity for Research and Development Collaboration

The University of Ontario Institute of Technology (UOIT) has recently completed their Energy Systems and Nuclear Science Research Centre (ERC). The new building will provide the university with the learning environment and tools required for expansion upon their research and development efforts into alternative energy sources. UOIT is a new and innovative university located in…

Grant Funding for Business – IRAP Digital Technology Adoption Program (DTAPP)

Grant Funding for Business – IRAP Digital Technology Adoption Program (DTAPP)

Please Note: IRAP’s DTAPP Program is currently not accepting applications. For more Canadian government funding programs to support technology adoption, browse technology & capital adoption grants and loans. Within the DTAPP Government Grant Update, this program promotes the adoption of digital technologies by Canadian SME’s through the development of relationships between organizations and colleges and/or…

Research and Development Funding – NSERC Engage Grant

Research and Development Funding – NSERC Engage Grant

The Natural Science and Engineering Research Council of Canada (NSERC) provides government funding for research and development through the promotion of their NSERC Engage Program.The Canadian government provides funds up to $25,000 for 6 months of research and development that is to be carried out by a Canadian University. NSERC Engage grants are intended to…

Pre-commercialization Business Development Fund (PBDF)

Ontario Life Science Entrepreneurs & Researchers To transfer the speed of products from the lab to the market, Ontario Genomics Institute (OGI) management provides early-stage investment funds up to $100k per project as an investment fund.  The project must involve genomics, proteomics or associated technologies that are or have been key enabling components and be…

Reinforce SR&ED Funding with Ontario Business-Research Tax Credit

Research and development is a costly activity for businesses. Luckily, there are tax credits and Research & Development Funding programs that can help lessen the burden on human resources and budgets. One such tax credit is the Ontario Business-Research Tax Credit (OBRTC), which offers 20% of R&D expenses as a refundable tax credit for SR&ED….

Funding Small Business Growth Plans

Many of Mentor Works services are based on helping SMEs grow international sales, and part of those development strategies includes Accounts Receivable Insurance. Regardless of your annual revenue sales, if you have customers that can’t – or won’t – pay, then securing credit insurance may prove to be the smartest option to free up working…