As a Synchonex member, CIMMI’s clients have the benefit of having government funding programs and tax credit related to research and development. Here are some of the financial support available:
Interactive Visits provide clients of the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) with up to 20 hours of access to the equipment, facilities, and expertise of a Technology Access Centre (TAC) to solve a specific business or technical challenge. Potential Interactive Visits include:
- Providing access to cutting-edge technology a company doesn’t have in-house;
- Assessing new technologies to improve productivity;
- Guiding the selection of specialized technical equipment;
- Assisting the implementation of a new technology, and
- Providing market and business/competitive intelligence.
Technological research support program (PART) of the MESRS
The projects involving a business that has for objective to support a college centre for technology transfer (CCTT) in the creation of an applied research.
Semiannual contest (October and Mars). Financial support for a maximum of 65,000$ allocated to a CCTT. A contribution in cash of 15,000$ is not mandatory but is highly recommended by the company.
Read the full online documentation on the PART on the MESRS site (In French only)
Programme Innovation of the MEIE
Research and development projects for the members of the RRIQ who carry out the research and development, i.e. the colleges centre for technology transfer (CCTT), colleges, universities, universities research centres and institutes and applied research centres.
- In the cases of classified projects according to a technological maturity level (NMT) located inclusively between 1 and 3, the help granted can reach 75% of the project’s allowable expenses without, however, exceeding $20,000. The counterpart is a minimum financial participation in cash of 25% from the SME, the cooperative or the social development’s NPO.
- In the case of classified projects according to a technological maturity level (NMT) located inclusively between 4 and 6, the help granted can reach 50% of the project’s allowable expenses without, however, exceeding $50,000. The counterpart is a minimum financial participation of 50% from the SME, the cooperative or from the social development’s NPO in which half of it must be paid cash.
Read the full online documentation on the programme Passeport Innovation on the site of the MEIE (In French only)
Research and development projects carried out jointly by research professionals from colleges and their private sector partners.
- Engage Grants: Up to $25,000 without monetary contributions from the company (for a first business dealing with the CCTT).
- Engage PLUS Grants: The NSERC will match the cash contribution of the partner up to a maximum of $12,500.
- ARD Grants: Up to $75,000 per year and from $75,000 to $150,000 per year with 50% of the company’s contribution.
Read the full online documentation on the Engage Grants on the NSERC site.
Read the full online documentation on the ARD Grants on the NSERC site.
Refundable tax credit for the adaptation technology services
The tax credit for the adaptation technology services was established to support companies in the gathering and processing of strategic information, as well as in their collaborative, research and innovative procedures. The credit will be granted on a percentage of the allowable expenses invested by a company for their liaison and transfer services when they are done by CCTT or centres of liaisons and transfer.
The intended services are, but not restricted to:
- evaluation of businesses needs;
- establishing a link between participants;
- the achievement of technic feasibility studies and the evaluation of future commercial innovative projects;
- a follow through with the companies in the stages of their innovative project (excluding the allowable expenses eligible to the SR&ED);
- certification testing of software.
Read the full online documentation on the tax credit for adaptation technology services on the site of Revenu Québec..
Scientific Research and Experimental Development (SR&ED)
The scientific research and experimental development program (SR&ED) are a federal tax incentive program aiming to support Canadian societies of all sizes and from all sectors to carry out SR&ED programs in Canada. For more information on the SR&ED program, please visit financial help on the Réseau Trans-tech site. For more information on the SR&ED program, please visit financial help on the Synchronex web site.