Canadian Manufacturers & Exporters (CME) and the Ontario Government launched a $25 million SMART Green program in 2016 to assist Small and Mid-sized Enterprises (SME) reduce greenhouse gases and improve energy efficiency. The SMART Green Program offers non-repayable grants up to $200,000 for 50% of eligible costs. The objective of this program is to encourage technology and process innovations … [Read more...] about Grants to Reduce Green House Gases in Ontario
In addition to grants and funds for research and development in Canada, the Build in Canada Innovation Program (BCIP) is a permanent and competitive first-purchase program awarded by the Government. It offers contracts to innovative businesses to submit a proposal of any pre-revenue products or processes which could potentially improve the efficiency and effectiveness of the Canadian government. … [Read more...] about Sell Your Innovation To the Government of Canada
Ontario has always been at the forefront of green innovation. Over the past few years, it has offered various grants to businesses dedicated to reducing their greenhouse gas (GHG) emissions and become more energy efficient enterprises. Kathleen Wynne, Premier of Ontario, quotes that these initiatives will reduce GHG emission “….while promoting the innovative and disruptive technologies that will … [Read more...] about Grant for Capital Investment in Green Technologies
SR&ED Tax Credit and tax refund has been enjoyed by various types of enterprises ranging from Automotive to biotech and agricultural industries. Green Technology companies deserve larger ratio of Tax Credit and Tax Refund as they are working to make environment eco-friendly. When it comes to company eligibility, Green technologies always get priority. But at the same time, Green technologies … [Read more...] about How to Receive Tax Credit and Tax Refund for R&D in Green Technologies?
Numerous research and development projects are conducted by companies in the fields of Life Sciences and Biotechnology. Majority of such projects would qualify for SR&ED tax credits. The qualified projects usually involve laboratory testing and experimentations, subjective testing, and data analyses which may require extensive labour hours and examination of chemicals or processes. There are … [Read more...] about SR&ED Tax Credits for Life Sciences and BioTechnology Industries