Mitacs is a national non-for-profit organization which is actively operating from 1999 and since then has provided funding supports to large number of businesses. Among various hiring and training funding programs Mitacs provides a cluster of programs helping current recent graduate students(Master's students) to be engaged in resolving business challenges with support of Canadian … [Read more...] about Hiring Funds Through Mitacs Accelerate Program
Research and Development Tax Credits for Chemical Industries
On the off chance that you are running an operating business in the field of Chemical industry and are energetically occupied with innovative work of your products and processes you may meet all requirements for R&D Tax credits. This is one of the Federal Government programs and is known as the Scientific Research and Experimental Development(SR&ED). The program is intended to energize all … [Read more...] about Research and Development Tax Credits for Chemical Industries
Questions Asked During SR&ED Claim Review
CRA’s SR&ED claim reviews are really inevitable. Every time you submit an SR&ED claim to the CRA, your claim maybe reviewed in a detailed manner to make sure that it meets the requirements of the program. Statistics show more than 25% of SR&ED claims are being reviewed since the CRA's recent changes have been adopted. CRA has Research and Technology Advisors(RTA) that are trained to … [Read more...] about Questions Asked During SR&ED Claim Review
Funding Opprtunities for Start-Ups and Entrepreneurs
Among various funding opportunities for hiring and training, OCE provides one of the comprehensive programs for young students and entrepreneurs. Ontario Centres of Excellence(OCE) offers different programs intended to help and develop the capacity of research institutions in Ontario. The main goal of OCE's programs is to assist and encourage technology based start-ups and entrepreneurs an … [Read more...] about Funding Opprtunities for Start-Ups and Entrepreneurs
Eligible Material Expenditures for SR&ED Tax Credit
Materials for SR&ED tax credit are generally composed of substances, raw materials and other components that form the by-product, intermediate product and the final product i. It is very important that you acquire tangible and physical materials for SR&ED. Claiming the cost of materials used in SR&ED work should be carefully taken into consideration in order to maximize calculation of … [Read more...] about Eligible Material Expenditures for SR&ED Tax Credit
R&D Tax Incentives For Electrical And Electronic Industries
If you have a design, engineering, or manufacturing business in electronics or electrical industry and are actively engaged in research and development of your products and services, you may qualify for R&D tax incentives. This is a Federal program and is known as the Scientific Research and Experimental Development(SR&ED) program. This program is meant to encourage all businesses in … [Read more...] about R&D Tax Incentives For Electrical And Electronic Industries