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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.

a
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.”

FundThrough_ceo
Steven Uster ,

CEO and CoFounder FundThrough

For over 15 years our team has helped thousands of companies file millions of dollars worth of SR&ED claims and used the knowledge gained from each of those clients to proactively help them unlock the resources they need to grow.

WHERE EXPERTISE MEETS EXPERIENCE

About the SR&ED
Program

Scientific Research & Experimental Development (SR&ED) is a Canadian government tax credit program aimed at encouraging SMEs, startups, corporations, partnerships and individuals to conduct R&D that leads to new, improved, or technologically advanced products, processes, devices, and materials.

SR&ED credits come in the form of refundable and non-refundable tax credits on expenditures for scientific R&D.

Yearly

a

60,000 R&D
Projects

a

20,000
Claims

a

$3B

  • aUp to 69% of eligible R&D expenses (depending on your province) may be refunded from CRA
  • a Pre-revenue or not yet profitable business are eligible for refundable tax credits
  • a All SR&ED claims are accessed by CRA on technical and financial criteria
“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.

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