Understanding the Start-Up SR&ED Program in Canada
Starting a new business in Canada is an exciting venture, especially for entrepreneurs looking to innovate and create. One of the most valuable resources available to start-ups is the Scientific Research and Experimental Development (SR&ED) program. This federal tax incentive program helps businesses offset some of the costs associated with research and development (R&D). In this post, we’ll delve into what the SR&ED program is, how it benefits start-ups, and the steps to access these funds.