How Government Funding Can Finance Your Development Projects and Growth Plans
Is the lack of funds preventing your firm from going ahead with its business development, R&D or hiring projects? Consider applying for tax credits or government grants to offset your cost! One of our experienced funding consultants will review your plans and assist you with the application process. At RDP Associates Inc. (RDP), our main business is connecting innovation with your bottom line. Over the past 25 years, we have helped hundreds of companies get SR&ED funding and R&D Tax Credits for their new initiatives. RDP’s Innovation Connection Program was specially developed to help clients like you maximize their SR&ED claims and returns. Take advantage of our free assessment to determine your eligibility.
Why Explore Government Grant Programs?
The Canadian government offers substantial funding for an array of business development activities and industry-specific innovation projects. Companies like yours have access to potential funding of $10,000 to $1,000,000 per year in the form of cash reimbursements which can reduce the upfront costs of projects by up to 50% or more.
Strategic Innovation Fund
The Federal government has just begun accepting Statements of Interest for this $1.26B funding initiative. The fund has a broad mandate to drive innovation in Canada and will fund business projects related to R&D, commercialization, growth and expansion in Canada, and attracting and retaining large scale investments.
Government grant programs for businesses can be classified into the following 5 categories:
Research, development and commercialization of new technology, products, processes or services
Marketing and Exporting
Marketing and promotional activities including trade shows and travel, to increase the sales of Canadian-made goods and services, with emphasis on international marketing
Human Resources and Training
Hiring and training of skilled young personnel in technical or entry-level positions, including full-time, internship or apprenticeship positions
Expert assistance with SR&ED funding application preparation and submission.
Application Status Assistance
Follow up on application status as well as assistance with understanding correspondence from the government funding program, inspections or requests for additional documentation.
Notifications when new government grant programs that you might be eligible for become available.
How RDP Helps Your Company Optimize Government Grants
At RDP, we work closely with you to get to know your business and optimize your claims. Our SR&ED and innovation management consulting services follow a proven process to help achieve your goals.
- A free assessment of your current strategies, objectives and budgets to determine which projects/initiatives are eligible for SR&ED funding.
- A detailed report on each of your objectives with a descriptive summary of each program and a timeline with recommendations on how to optimize funding.
- Expert assistance with SR&ED funding application preparation and submission.
- Follow up on application status as well as assistance with understanding correspondence from the government funding program, inspections or requests for additional documentation.
- Notifications when new government grant programs that you might be eligible for become available.
RDP is dedicated to helping companies make successful funding applications since 1988. Our strength is our people. We not only understand technology but use it effectively to maximize your benefits. Let us help your business obtain maximum funding for your growth initiatives.
Contact Us to schedule an appointment for a Free Assessment.
Contact us to schedule an appointment for a Free Assessment. We can help determine your eligibility for tax credits and grants and share more information about innovation funding.Contact Us