Tag : Tax Credits

IRAP and SR&ED: Innovation Requirements for Research Funding

When performing research projects that involve technical risk or uncertainty, Canadian innovators should use government funding programs. These offset project costs and reduce risk, making exploratory innovations more achievable for SMEs. To innovate as efficiently as possible, companies should be aware of how incentives such as the Industrial Research Assistance

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Do You Qualify for the Ontario Interactive Digital Media Tax Credit?

The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a government funding program that provides financial support to software and digital application developers within the province. It entitles eligible interactive digital media developers to recover a portion of labour and marketing/distribution expenses attributable to both specified and non-specified products.
These Ontario

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Ontario Interactive Digital Media Tax Credit

Ontario-based interactive digital media companies have many options when it comes to accessing government funding for software production projects. In addition to federal grants and incentives, the Ontario Creates (formerly OMDC) also offers provincial funding programs to extend support for innovative software development and commercialization projects. These include digital media

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Grant Thornton & Mentor Works Manufacturing Funding Event: May 18 in Hamilton, Ontario

There are a vast selection of government grants, loans, and tax incentives that manufacturers can use to reduce project expenses. Whether Ontario manufacturers invest in hiring and training projects, research and development, business/market expansion, or are improving their productivity through technology adoption, Ontario government grants are available to reduce the

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Ontario Interactive Digital Media Tax Credit: 2015 Budget Changes

Ontario’s digital media production industry provides the province with substantial economic benefits. Digital media contributes over $1.5 billion to the Ontario economy on an annual basis and provides full-time employment to more than 16,000 Ontarians.

To enhance the competitiveness of Ontario corporations producing digital media, the Ontario Media Development Corporation (OMDC)

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