Insights on Grants
The Top Grants Trending Now For 2022
There does not appear to be any slow down in the government providing assistance through SR&ED tax credits; grants, or interest free loans.Here are the most popular grants being applied for now by companies: Canexport - this program funds 50% of...
Continue Reading
New RDP Program For Start-Ups
We are pleased to announce a new program at RDP Associates that helps selected start-up companies receive better access and support to the SR&ED tax credit and government grant programs.When a client signs up for this program, they will receive: Regular...
Tax Credits And Grants Planning For 2022
This is the time of year when many companies start planning for 2022. As there are a multitude of tax credits and grants available to companies, many should consider these programs as part of their planning.One way to do this is for RDP to review their plan for 2022...
Claiming Artificial Intelligence (AI) And Machine Learning (ML) Projects For SR&ED
Artificial intelligence, including machine learning and deep learning has grown in Canada to be a very important area of research and development in many industries such as; health sciences, security, robotics, autonomous systems, speech recognition, computer...
Reminder About The Taxable Income Rule
Recently we’ve had a few companies unaware of an important rule change in 2019 that pertains to SR&ED. Before 2019 companies over $800k in taxable income would have their federal SR&ED credit rate reduced to 15% non-refundable. The $800k taxable income limit...
Some Important Tax Credits To Keep In Mind
It is often easy to overlook certain tax credits that may apply to your company or your clients. This can occur where the tax credit is not well “publicized” or it only applies in rare situations. Here are a few tax credits to keep in mind and share with your...
Interactive Digital Media Tax Credit
If you have clients in the digital media industry they could be eligible for a tax credit. The government of Canada provides tax credits for digital media projects such as game development, educational software, animated simulators and more. Digital media tax...
A Look at the Top 3 Business Grants for 2020
For over 30 years, we at RDP have been assisting companies to apply for business grants; so we know a thing or two about government funding programs. The following are what we predict to be the best grants to apply for in 2020: 1. Canexport This program is an...
IRAP vs. SR&ED: What Are the Differences?
SR&ED and IRAP are among the most popular and sought-after government funding programs in the Canadian innovation ecosystem. Both programs are federal and related to R&D activities with significant impact on the completion of new product development and...
Understanding Recent Changes to COJG Guidelines
There have been recent changes to the Canada-Ontario Job Grant (COJG) program. COJG is a government funding scheme designed to support employers that invest in staff training. Since 2014, the Ministry of Advanced Education and Skills Development has been providing...
A Look at the Climate Action Incentive Fund (CAIF)
The Climate Action Incentive Fund (CAIF) is a new grant that will provide funding to SMEs ranging from $20,000 to $250,000 CAD covering up to 25% of a project’s eligible costs. The funding is for projects that lower GHG emissions and energy usage. The program is...
How to Win Large Business Grants
Canadian government grants don't just cover small businesses. They're also available to selected large industrial projects When it comes to grants provided to businesses for Innovation, Canada has been a very generous country. Not many other industrialized countries...
To Boost Exports, CanExport Loosens Eligibility Requirements
To Boost Exports, CanExport Loosens Eligibility Requirement CanExport is a federal grant program that provides funding to SMEs to develop new and emerging export opportunities. Beginning August 22, 2019, Funding limit for SME projects will increase from $50,000 (that...
What is the Automotive Supplier Competitiveness Program?
A Look at the Automotive Supplier Competitiveness Improvement Program (ASCIP) Grant One of the common factors among most government grant programs is the considerable amount of time it takes to write the application, with the funding never being guaranteed. When...
Funding SMEs in Alberta: A Top Priority for the Province
Alberta is widely regarded as one of the best places to start a new business. With over 18,300 new small businesses created in the province between 2012 and 2017, it currently boasts the second highest proportion of small business per capita (after PEI) and is far...
A Tale of Two Budgets
It seems the Federal and Ontario Governments have truly opposing agendas and policies. While areas like carbon tax receive a lot of press coverage, each government’s position on SR&ED tax credits and innovation, in general, appears to be heading to different...
NGen: Canada’s Advanced Manufacturing Supercluster
Many companies in Canada have been waiting the for 5 Superclusters to open. NGen is now accepting applications for membership. The focus of this Supercluster is on advanced manufacturing. Membership to NGen is free. Once you become a member, you can access information...
CleanTech is Canada’s Biggest Business Grant Priority
Cleantech grants and related industries are the biggest funding priority for Canada. Even if you aren’t a cleantech company, your company’s development or improvement project could be eligible for cleantech funding. When Canada’s 2017 Federal Budget was released, it...
Six Ways to Spot Grant Scams
When the Going Gets Tough...the Funding Gets Fake For small business owners starting up or growing a business, grant funding can be an excellent source of support to tackle big projects and improve your bottom line. Most business funding is offered by government...
Canada’s Future Lies in AI. What Does That Mean For My Business?
There’s a lot of buzz these days about Canada as an AI hub. Over the past several years, Canada has made a name for itself as a leader in the field, with centres of expertise in Montreal, Toronto-Waterloo and Edmonton. Our universities have been global leaders in this...
Top 5 Reasons Your Grant Applications are Denied and How to Avoid Them
As a Canadian government grants specialist, I have written and submitted hundreds of various government business grant applications for companies from a whole range of business verticals. This includes applications for business startup grants in Ontario and elsewhere....
Business Scale-Up Funding Now Available for Women Entrepreneurs
Following on the heels of the announcement of the Women Entrepreneurship Strategy (WES) Ecosystem Fund earlier this month, Innovation, Science and Economic Development Canada (ISED) has just announced the details of the Women Entrepreneurship Fund (WEF). The fund is a...
New CleanTech Fund for Plastic Innovations
Innovative Solutions Canada Challenges is a federal government procurement program providing over $100 million to support the scale-up and growth of Canada’s innovators. Twenty different federal departments and agencies contribute funding to this program, and each...
Canadian Hiring Grants and Wage Subsidies: What You Need to Know
The Canadian government offers many different grants, subsidies, and credits to employers that plan to hire new staff. The general purpose of these funding programs is to help Canadian businesses create new jobs and incentivize them to give those jobs to the citizens...
An In-depth Look at Ontario Agri Grants
With dozens of different streams of funding to support a wide range of business activities, Ontario’s Canadian Agricultural Partnership (CAP) program offers grants to businesses in the agriculture sector. They include farmers, cannabis growers, and food and beverage...
Agri-food Startups Can Access Grant Funding Worth $1 billion in Canada
The following piece was originally published in AgriFunder News The government of Canada has a strategic approach to the agriculture and agri-food industries. Currently, Ottawa is investing CAD$3 billion over a five-year period through federal and...
OCE TalentEdge and AIME Funds Apply to Many Businesses
Two funding programs, the OCE TalentEdge and AIME, are from two different institutions that target hiring and training. They are not new programs but have been re-funded with the goal of supporting Ontario's work force, both existing and new grads. OCE TalentEdge...
6 Steps to Never Miss a Grant Deadline
The government of Canada offers a multitude of small business grants to encourage growth, innovation, and economic development for Canadian small businesses. These government grants can provide a significant cash injection to jumpstart a project and become a key...
Have You Considered Improving Productivity Through CME SMART Green Funding?
Are you a manufacturer located in Ontario and interested in increasing your productivity? Perhaps you have been considering upgrading process and production equipment to increase your facility’s efficiency, but the internal rate of return isn’t as appealing as you...
Grants vs. Tax Credits – What Are the Differences?
When looking through dozens of different funding options available to businesses in Canada, our clients often ask us – what is the difference between a grant and a tax credit? How do I know which fund is right for my project? Companies that have been claiming...
How Does IT Fit in a New Grant Landscape?
The following piece was originally published in IT Business Canada Over the last two years, the federal government has introduced many new incentives for research and development, mainly by way of small business grants or non-repayable contributions. In addition,...
Are Government Grants a Right Funding Mechanism?
The following piece was originally published in ITBusiness.ca Many people are surprised to learn that Canada gives out more grants to businesses, small- and medium-sized businesses (SMBs) in particular, than most other countries. When we compare grant funding for...
When Should I Apply For a Government Business Grant?
Applicants for government grant programs are never guaranteed approval, as there is a range of factors at play impacting their eligibility. It is best to maximize your chances of approval by focusing on aspects of your business that you have some control over. It is...
An Update on CME Smart Program
In June and July of 2017 the Canadian Manufacturing Exporters (CME), in partnership with the Government of Ontario launched a $25 million fund known as CME SMART Green Program. The Fund was designed to assist eligible small- and medium-sized enterprise (SME)...
How Canada is Conquering the FinTech Space
Insights from Industry Leaders Canada’s FinTech industry today is one of the most dynamic—and for good reason—the coolest industries on the Canadian tech scene. All signs point to its ability to fundamentally reinvent the existing order in the country’s financial...
How Much Do You Know About Recent Changes to COJG Guidelines?
Support for Staff Training There have been recent changes to the Canada-Ontario Job Grant (COJG) program. COJG is a government funding scheme designed to support employers that invest in staff training. Since 2014, the Ministry of Advanced Education and Skills...
A look at the Innovation Debate: Small Guys vs. Big Shots
For many years, the debate about innovation has centered around the merits of large companies vs small ones. I’d like to offer some of our observations that are based on what we have seen at RDP in over three decades of helping our clients of all sizes maximize the...