Technical Management Consultants Inc. has been assisting companies in streamlining the SR&ED claim process for over 15 years. We are happy to further assist your company in preparation and submission of all required documentation for available Government funding which includes writing business plans and cases, executive summaries, and more. We are committed to providing your company with the highest level of customer satisfaction possible by presenting opportunities to receive additional Government funding.

Agri-Innovation Program

The AgriInnovation Program is a five-year, up to $698 million initiative under the Growing Forward 2 policy framework. Of this, $468 million is available for funding projects based on applications from industry. The remaining funds go towards AAFC-led research, development and knowledge transfer activities, as well as program administration, that complement industry-directed initiatives. The program is designed to accelerate the pace of innovation by supporting research and development activities in agri-innovations and facilitating the demonstration, commercialization and/or adoption of innovative products, technologies, processes, practices and services. The aim is to enhance economic growth, productivity, competitiveness, adaptability and sustainability of the Canadian agriculture, agri-food and agri-based products sector and assist in capturing opportunities for the sector in domestic and international markets.

The program will:

• accelerate the creation, availability, application and transfer of knowledge and technologies to the sector; and

• increase the successful demonstration, commercialization or adoption of agriculture, agri-food and agri-based innovations

The Program is a five-year program ending March 31, 2018 and supports the following industry-led streams:

• Industry-led Research and Development Stream
• Enabling Commercialization and Adoption Stream

The Industry-led Research and Development, and Knowledge Transfer stream provides non-repayable support for two types of projects:

• Agri-science cluster: Support aims to mobilize and coordinate a critical mass of scientific expertise in industry, academia and government. The agri-science cluster would be national in scope, industry-led, and address components of the sector’s applied science plan under a single application. Hence, it would address several themes that are priorities to the industry and would request support toward several research activities across the country.

An agri-science cluster may be commodity based, or may be horizontal in nature where it addresses cross-cutting issues that are of interest to more than one commodity.

• Agri-Science Project: A single agri-science project or a smaller set of agri-science projects that would be less comprehensive than an agri-science cluster. The scope may be national, regional or local.

The total maximum contribution to an applicant from all streams under the AgriInnovation Program cannot exceed $10 million per year.

Industrial Research Assistance Program (IRAP)

Industrial Research Assistance Program (IRAP) provides financial support to qualified small and medium-sized enterprises in Canada to help them undertake technology innovation.

The basic eligibility criteria for IRAP funding are:

  • Be a small and medium-sized enterprise in Canada, incorporated and profit-oriented;
  • Have 500 or less full-time equivalent employees; and
  • Have the objective to grow and generate profits through development and commercialization of innovative, technology-driven new or improved products, services, or processes in Canada.

Smart Prosperity Now

SMART Prosperity Now is funded by Federal Economic Development Agency of Southern Ontario and is built around assessment and project funding components .CME SMART Prosperity Now is beneficial for small and medium size businesses who are looking for business funding grants that will improve productivity and integrate innovative technologies through the transition to sustainable business models. Grant funding for business covers 33% of capital equipment expenses, related third party installation, and engineering costs, up to a maximum for $75,000. This does not cover direct labor, training, and software licenses.

Projects must have started after October 31, 2011 and will have one year for completion from the date of the contribution agreement or until August 31, 2013. Projects which are small, concise, and will be fairly quick to implement will be viewed favorably. Companies can start purchasing their budgeting expenses the day they submit the application, although the overall project cannot be  more than 49% purchased at the time of the submission. Also, costs that have already been incurred before the submission of the application will not be covered. Applications must be submitted by March 31, 2013.