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    Research Funding Canada

    There is $12+ billion in Canadian research funding. SR&ED tax credits, IRAP grants, and industry playbooks — plus free tools to assess your claim.

    $4.5M
    Max SR&ED Credits
    35%
    Refundable Rate
    20,000+
    Companies Funded
    $12B+
    Annual Funding

    Free Funding Tools

    No signup — assess eligibility, prep your T661, and estimate credits before you file.

    SR&ED Eligibility Quiz

    See if your project may qualify

    Open

    T661 Checklist

    Prep every form section

    Open

    R&D Credit Calculator

    Federal + provincial estimates

    Open

    Grant Finder

    Curated Canadian programs

    Open

    Major Research Funding Programs

    SR&ED Tax Credits

    $4.5M annually

    Get up to $4.5M annually in refundable tax credits for R&D activities

    Refundable
    Up to 35% refundable
    Timeline
    18 months to file

    IRAP Funding

    Up to $10M

    Non-repayable contributions for innovative technology development

    Refundable
    Non-repayable
    Timeline
    Ongoing applications

    SDTC CleanTech

    Up to $15M

    Funding for sustainable technology development and commercialization

    Refundable
    Conditional repayment
    Timeline
    3 funding rounds/year

    Innovation Superclusters

    Up to $40M

    Large-scale innovation projects with industry collaboration

    Refundable
    Cost-sharing
    Timeline
    Annual competitions

    Funding by Industry

    Explore research funding opportunities tailored to your industry

    Software Development

    Annual Funding:$1.4B
    Companies Funded:4,100+

    Artificial Intelligence

    Annual Funding:$2.1B
    Companies Funded:5,200+

    Biotechnology

    Annual Funding:$890M
    Companies Funded:1,800+

    Clean Technology

    Annual Funding:$1.2B
    Companies Funded:2,400+

    Manufacturing

    Annual Funding:$750M
    Companies Funded:3,100+

    Aerospace

    Annual Funding:$650M
    Companies Funded:800+

    Automotive

    Annual Funding:$520M
    Companies Funded:1,100+

    Fintech

    Annual Funding:$480M
    Companies Funded:950+

    Medical Devices

    Annual Funding:$420M
    Companies Funded:950+

    Telecommunications

    Annual Funding:$380M
    Companies Funded:720+

    Energy

    Annual Funding:$610M
    Companies Funded:880+

    AgTech

    Annual Funding:$290M
    Companies Funded:640+

    Calculate Your Research Funding

    Get instant estimates for SR&ED credits, IRAP grants, and other funding opportunities

    Research Funding Guides

    SR&ED Filing Guide 2025

    Complete step-by-step guide to filing your SR&ED claim

    IRAP Application Process

    How to apply for IRAP funding and increase approval odds

    Grant Writing Best Practices

    Expert tips for writing winning research funding proposals

    Frequently Asked Questions

    What is the maximum SR&ED tax credit I can claim in 2025?

    For 2025, small businesses can claim up to $4.5 million in qualified R&D expenditures annually, with a 35% refundable credit rate on the first $3 million and 15% non-refundable on amounts above.

    How long does it take to receive SR&ED funding?

    The CRA processes 90% of SR&ED claims within 60 days of filing. Complex claims may take longer, but most refunds are issued within 2-3 months.

    Can startups apply for research funding?

    Yes! Startups are eligible for multiple funding programs including SR&ED tax credits, IRAP grants, and various innovation programs. Many programs specifically target early-stage companies.

    What R&D activities qualify for funding?

    Qualifying activities include systematic investigation, experimentation to advance scientific knowledge, technological advancement, and activities directly supporting eligible work.

    Ready to Claim Your Research Funding?

    Join 20,000+ Canadian companies that have successfully claimed billions in research funding

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    Shredy transforms the tedious task of claiming SR&ED into a seamless, fast, and reliable process. Perfect for accounting firms, tech startup founders, and specialized consultancies, this AI-enabled tool is your key to efficient and compliant SR&ED filings.

    Resources

    • FAQ
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    • Privacy Policy
    • Terms of Service

    Business Tools

    • Grant & Funding Finder
    • R&D Investment Calculator
    • Startup Valuation
    • Burn Rate Calculator
    • ROI Calculator

    Services by Province

    • Ontario
    • British Columbia
    • Alberta
    • Quebec
    • Saskatchewan
    • Manitoba

    Services by City

    • Toronto, ON
    • Vancouver, BC
    • Calgary, AB
    • Montreal, QC
    • Ottawa, ON
    • Edmonton, AB

    SR&ED Services

    SR&ED FilingInnovation GrantsSR&ED Eligibility Quiz

    Alternatives

    Talk to ExpertsFind a Consultant

    Funding Resources

    Startup FundingResearch Funding

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