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 can 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 last thirty years, we have helped hundreds of companies obtain 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 SR&ED eligibility.
Have You Considered the Strategic Innovation Fund?
In July 2017, the Canadian Government launched the Strategic Innovation Fund, a five-year $1.26 billion program, whose goal it is to make sure Canada stays a top destination for businesses to invent, invest, grow and create jobs and support prosperity for all Canadians. This fund is open to businesses in a whole range of sectors of the Canadian economy.
To apply for the Strategic Innovation Fund, your first step is to find out about your eligibility. There is a whole range of factors that impact your eligibility. They include company size, revenue, R&D expenditure, and business vertical. They also depend on whether your company intends to export its products to foreign markets.
To find out about your eligibility for the Strategic Innovation Fund and what steps you need to take to increase your chances of obtaining it, contact RDP:
How Can SR&ED Help Your Business?
The Canadian SR&ED program offers significant funding for Scientific Research & Experimental Development activities carried out in the course of your business. For small Canadian-controlled private corporations (CCPCs) that meet the eligibility criteria, the SR&ED Tax Credit Program acts like a government grant—offering cash reimbursements of up to $1,000,00 for eligible expenditures on an annual basis at rates ranging between 28% to 64%, depending on the province in which you file a claim. Large, foreign-controlled or public companies, as well as individuals and partnerships, that are not eligible for the federal refundable tax credit can qualify for a 15% non-refundable federal SR&ED tax credit.Read More About SR&ED
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. When managed properly, these government grants can be an integral part of your funding.Read More About Government Grants
Why Partner with Our International Boutique Consulting Firm
RDP’s main business is helping companies obtain government funding and assistance. Our highly qualified and professional staff has many years of experience preparing the necessary information for a positive response. We follow a fee structure of “no-benefit-no-pay”, so you only pay when we deliver results. RDP is dedicated to helping companies make successful claims for SR&ED funding 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 research and development activities through the SR&ED program.
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