Research and development

The consumer's appetite for new and improved offerings is constant. Innovation can help you meet those needs and gain an edge over your competitor's products,  services, and procedures. Investing in research and development can be risky, because there is no guaranteed outcome; however, your business could achieve greater profits down the road if you are able to increase efficiencies or commercialize your innovations.

R&D for business involves finding out what the market wants, then designing, prototyping, testing, and producing the final product or service.

Whether you are on your own or have a dedicated R&D team, there are a number of things to consider if you undertake this kind of project:

  • Will you conduct your own research or get outside assistance? What additional expenses will this incur?
  • You may need to adhere to performance or safety standards and regulations for controlled or restricted products.
  • Consider developing an IP strategy to protect your ideas, or perhaps sell or lease your IP  down the road.

Take advantage of resources that can help you.

Canada

  • Collaborative Research and Development Grants
    You could get a university to help you with your research project in natural sciences or engineering if you contribute half the costs of the project.
  • Mitacs Accelerate
    Learn how you can expand your R&D potential by recruiting a graduate student or postdoctoral fellow to research your technology project.
  • Conducting market research
    Learn more about market research, how it can improve your business decisions, and how to conduct a market research campaign.
  • Western Research Parks
    Get help developing and commercializing your innovative product or service by partnering with the University of Western Ontario's Research Parks.
  • Scientific Research and Experimental Development Tax Incentive Program (SR&ED)
    You can get a tax credit if you spend money on industrial R&D in Canada.
  • Industrial Research Assistance Program
    Your small or medium-sized business may qualify for financial assistance to develop, adopt, adapt and/or commercialize new or improved technologies.
  • FPInnovations
    If you operate a business in the forestry sector and are looking for innovative solutions, you may benefit from these services.
  • Mitacs Elevate
    You could obtain research assistance from a PhD fellow at a reduced cost to your business for projects lasting up to two years.
  • Digital Accelerator for Innovation and Research
    If you are a high-tech entrepreneur, this accelerator can help you use cloud-based compute-and-storage resources to help commercialize your products.
  • NRC research facilities
    Test and improve your innovative products and technologies by reserving time in these research facilities and with industry experts.
  • Concierge service
    Find information and guidance to access programs and other resources to help with your business innovation.
  • SR&ED Self-Assessment and Learning Tool
    Thinking of applying for the SR&ED program? Find out if you are eligible to receive tax incentives and how you can submit your request.
  • EUREKA
    This R&D network can help you access technology, expertise, and markets in Europe and beyond.
  • Apparel Innovation Centre
    If you want to create innovative apparel, you can access product development services, advanced R&D equipment, and technologies at this centre.
  • Mitacs Accelerate International
    You could get funding for research projects that help you strengthen your networks, by partnering with an international graduate student.
  • Impact Canada Initiative
    Could your technology idea solve a challenging government problem? You could be eligible for funding and other resources to help put your idea into action.
  • Environmental Damages Fund
    If your business partners with an eligible group, you could receive funding to address environment damage.
  • Partnerships in Innovation and Technology (PIVOT) program
    You could grow your business by partnering with a central bank to find innovative solutions to unique challenges, using digital tools and technology.
  • Clean Growth Hub
    Get the support you need to carry out your business' clean growth technology projects.

Alberta

  • Alberta Scientific Research and Experimental Development Tax Credit Program
    Only Applies to : Alberta
    Your corporation may be able to receive a tax credit for scientific research and experimental development expenditures incurred in Alberta.
  • Alberta Product Commercialization Centres
    Only Applies to : Alberta
    If you are developing a new product, get the equipment, test facilities, lab and other services to bring your idea to market faster.
  • Alberta Innovates
    Only Applies to : Alberta
    You could get support for the research and innovation-based activities of your business from the Government of Alberta.
  • Connectica
    Only Applies to : Alberta
    Use this self-service tool to find funding, programs, services and more to help with your business innovation.

New Brunswick

  • Atlantic Innovation Fund
    Only Applies to : New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island
    If your business is in the Atlantic provinces, you could get funding to develop new technology.
  • Research and Development Tax Credit (New Brunswick)
    Only Applies to : New Brunswick
    Obtain a fully refundable tax credit for research and development activities carried out by your business.
  • Atlantic Ecosystems Initiatives Funding Program
    Only Applies to : New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island
    Working on a water quality project in Atlantic Canada? If you have a business, consider partnering with an eligible applicant who can apply for funding.
  • Atlantic Fisheries Fund
    Only Applies to : New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island
    You can apply to receive funding for initiatives aimed at increasing the availability of sustainable, high quality and high value fish and seafood.

Newfoundland and Labrador

  • Atlantic Innovation Fund
    Only Applies to : New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island
    If your business is in the Atlantic provinces, you could get funding to develop new technology.
  • R&D Vouchers
    Only Applies to : Newfoundland and Labrador
    Access funding for technical expertise and facilities that will support your research and development activities within your innovative business.
  • R&D Proof of Concept
    Only Applies to : Newfoundland and Labrador
    Apply for a grant to reduce the technical and financial risk of your innovative, pre-commercial research and development project.
  • Atlantic Ecosystems Initiatives Funding Program
    Only Applies to : New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island
    Working on a water quality project in Atlantic Canada? If you have a business, consider partnering with an eligible applicant who can apply for funding.
  • Atlantic Fisheries Fund
    Only Applies to : New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island
    You can apply to receive funding for initiatives aimed at increasing the availability of sustainable, high quality and high value fish and seafood.

Nova Scotia

  • Atlantic Innovation Fund
    Only Applies to : New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island
    If your business is in the Atlantic provinces, you could get funding to develop new technology.
  • Atlantic Ecosystems Initiatives Funding Program
    Only Applies to : New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island
    Working on a water quality project in Atlantic Canada? If you have a business, consider partnering with an eligible applicant who can apply for funding.
  • Atlantic Fisheries Fund
    Only Applies to : New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island
    You can apply to receive funding for initiatives aimed at increasing the availability of sustainable, high quality and high value fish and seafood.

Ontario

Prince Edward Island

  • Atlantic Innovation Fund
    Only Applies to : New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island
    If your business is in the Atlantic provinces, you could get funding to develop new technology.
  • Atlantic Ecosystems Initiatives Funding Program
    Only Applies to : New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island
    Working on a water quality project in Atlantic Canada? If you have a business, consider partnering with an eligible applicant who can apply for funding.
  • Atlantic Fisheries Fund
    Only Applies to : New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island
    You can apply to receive funding for initiatives aimed at increasing the availability of sustainable, high quality and high value fish and seafood.

Quebec

  • Tax holiday for foreign researchers
    Only Applies to : Quebec
    If your business does scientific research and experimental development, you could obtain financial assistance to recruit foreign researchers.
  • Tax holiday for foreign experts
    Only Applies to : Quebec
    If you recruit foreign experts for your Quebec innovation project, you could obtain a tax holiday.
  • Tax credit for technological adaptation services
    Only Applies to : Quebec
    You could receive a tax credit representing a portion of expenses related to technological adaptation services.
  • Programme BioMed Propulsion
    Only Applies to : Quebec
    Your Quebec business with high growth potential in the life sciences sector could get financial assistance to commercialize its research results.
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