Section 11: Research and Development

CME SMART Program

The Government of Ontario, Canadian Manufacturers & Exporters (CME) has created the SMART Program to help small and medium-sized manufacturers in Ontario improve their productivity so they can compete more effectively in the global economy.

Website: http://www.cme-smart.ca/

Innovation Demonstration Fund

The Innovation Demonstration Fund (IDF) is a discretionary, non-entitlement funding program administered by the Ministry of Research and Innovation that focuses on the commercialization and initial demonstration of globally competitive, innovative technologies, processes and/or products.

The objective of the IDF is to help companies in their efforts to commercialize innovative technologies in Ontario.

Website:http://www.mri.gov.on.ca/english/programs/idf/guidelines.asp

NRC-IRAP provides Canadian SMEs with technological expertise and advice, financial assistance for research and development activities, networking and partnerships.

You are eligible if:

• Your business is incorporated and profit-oriented
• Your enterprise has fewer than 500 employees
• You have the desire to enhance the innovation capability of your company

Ontario Regional office:
200 Town Centre Court, Suite 1101
Scarborough, Ontario M1P 4X8
Telephone: (416) 973-4484
Fax: (416) 973-4303
Website:http://irap-pari.nrc-cnrc.gc.ca/main_e.html

CFI provides funding for projects and development of universities, post-secondary colleges, hospitals and not-for-profit organizations.  Funding programs include:

• Research Hospital Fund
• New Opportunities Fund
• International Funds
• Infrastructure Operating Fund
• Innovation Fund
• Canada Research Chairs Infrastructure Fund
• University Research Development Fund (URDF)
• College Research Development Fund (CRDF)

Canada Foundation for Innovation
230 Queen Street Suite 450
Ottawa, Ontario K1P 5E4
Telephone: (613) 947-6496
Fax: (613) 943-0923
Website: http://www.innovation.ca/programs/index.cfm?websiteid=6

NSERC provides funding for university-based collaborative research in natural sciences and engineering, and encourages innovative partnerships between educational institutions and Canadian companies.

NSERC
350 Albert Street
Ottawa, Ontario K1A 1H5
Telephone: (613) 995-4273
Website: http://www.nserc.ca/index.htm

The SR&ED program provides tax incentives to Canadian businesses that conduct SR&ED in Canada that will lead to new, improved, or technologically advanced products or processes.

Funding is in the form of a 20-35% tax refund or credit on qualified current SR&ED expenditures and your capital SR&ED expenditures. Tax credits that can be used to offset the amount of tax you owe or refunds of tax credits to individual or small companies.

Toronto Tax Services Office          Ottawa Tax Services Office
1 Front Street West, Suite 100     333 Laurier Avenue West
Toronto Ontario M5J 2X6              Ottawa Ontario K1A 0L9

Telephone: (416) 973-2814           Telephone: (613) 598-4233
Fax: (416) 952-8334                     Fax: (613) 952-1856

Website: http://www.cra-arc.gc.ca/txcrdt/sred-rsde/menu-eng.html