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    The Essential SR&ED Guide for Businesses

    By Canada’s Scientific Research & Experimental Development (SR&ED) Tax Credit Experts

    Flow Ventures is a SR&ED consulting firm with unparalleled experience helping companies maximize their SR&ED refunds while minimizing their risk and time.


    What are SR&ED Tax Credits?

    Scientific Research & Experimental Development (SR&ED) is a Canadian government tax credit program aimed at encouraging businesses of all sizes to conduct R&D to develop new — or improve existing — methods, processes, services and products

    SR&ED Investment Tax Credits (ITCs) provide tax relief to eligible Canadian businesses to offset the cost of innovation.

    Check out our easy-to-read infographic to learn more: About SR&ED Program

    Yearly

    a

    60,000 R&D
    Projects

    a

    20,000
    Claims

    a

    $3B


     

    What Can You Recover?

    Up to 69% of eligible R&D expenses (depending on your province) may be refunded from CRA. Eligible expenditures include salaries, sub-contractor fees and materials.

    “The SR&ED program has provided us with an invaluable source of non-debt & non-dilutive capital to support innovation and the growth of our portfolio companies.
    The Flow team helped us navigate through complex challenges with ease and their support team was made available to us at an instant.”
    – Marko Jelavic, Principal, Ferst Capital Partners

    Estimated Returns

    CCPC
    Canadian Controlled Private
    Corporation

    (Most tech start-ups fall in this category)

    Non-CCPC
    Businesses controlled by non
    Canadian residents or controlled
    by public corporations
    Maximum Eligible Return Rates

    *Total Refundable and Non refundable amounts vary from province to province

    a Salaries 69% 43%
    a Sub Contractor Fees 36% 22%
    a
    Materials consumed or transformed
    42% 28%
    Refundable ITC’s a a

    *Quebec offers 14% refundable
    credits

    Applicable Industries

    Innovation knows no bounds.

    Businesses across many industries qualify for the SR&ED program, including the ones below. However, the nature of the R&D work you do is more relevant than your business sector when determining eligibility for the program.

    software-development

    Software & Information Technology

    engineering

    Manufacturing &
    Engineering

    agriculture

    Agriculture and
    Agri-food

    biotech

    Biotech, Life Sciences
    & Medical Technologyy

    green-energy

    Clean Tech & Sustainable
    Technologies

    tower

    Oil & Gas,
    Energy & Mining

    satellite-dish

    Media &
    Communication

    innovation

    + Other Industries

    DOWNLOAD THE FULL GUIDE

    Recover Up To 69%  Of Your R&D Costs (depending on your province)

    Learn about eligibility, how much you can receive, documentation tips, case studies & more.

    Guide_Mockup-2

    WHERE EXPERTISE MEETS EXPERIENCE

    "Flow Ventures is the SR&ED consulting firm every company should be working with. Their SR&ED evidence gathering process ensures our SR&ED claims are beyond reproach. We received a 10X larger credit than with our previous provider and received our return in under 3 weeks. Beyond SR&ED, the Flow team uses their knowledge and network help us access other resources such as grants and customers. I highly recommend their work.”"

    Steven-Uster-2016

    Steven Uster, CEO
    FundThrough