SR&ED Tax Incentive Program
Administered by Canada Revenue Agency
About this grant
The Scientific Research and Experimental Development (SR&ED) Tax Incentive Program is the largest single source of federal government support for industrial research and development in Canada.
Key facts
Eligibility requirements
All of the following criteria must be met:
- Canadian corporations performing R&D in Canada
- Must involve systematic investigation through experiment
- Technological advancement must be sought
- Available to businesses of all sizes
What the funding covers
- Salaries of R&D staff
- Materials consumed in R&D
- Overhead costs
- Third-party R&D contracts
How to apply
- 1File SR&ED claim with annual corporate tax return
- 2Complete Form T661
- 3Maintain detailed project documentation
- 4CRA may conduct a review of the claim
Application tips
Grant details are sourced from official public databases and reviewed weekly. Eligibility criteria, funding amounts, and deadlines may change without notice. Always confirm details on the Canada Revenue Agency website before applying.
Ready to put this grant to work?
RaftLabs helps established businesses turn funding into working software, loyalty apps, and AI tools.
Talk to RaftLabs →Other grants in Canada
More funding opportunities that may match your business
NRC Industrial Research Assistance Program
National Research Council Canada
Financial assistance and advisory services for Canadian SMEs pursuing technology-driven innovation and growth.
Strategic Innovation Fund
Innovation, Science and Economic Development Canada
Large-scale investments in Canada's innovation ecosystem supporting R&D, commercialisation, and industrial growth.
Ontario Innovation Tax Credit
Ontario Ministry of Finance
Refundable tax credit for eligible R&D expenditures incurred by qualifying corporations in Ontario at a rate of 8%.