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Shredy logo
  • Features
  • How it works
Talk to Experts

    Research Funding for Medical Devices

    Development of medical equipment, diagnostic tools, and therapeutic devices.

    $175,000

    Average SR&ED credit

    35%

    Refundable rate (CCPC)

    $4.5M

    Max annual expenditure

    Funding Programs

    SR&ED for MedTech

    Device design, biocompatibility testing, imaging systems, and regulatory-path R&D (distinct from clinical trials).

    $4.5M annually35% refundable (CCPC)

    CIHR & Health Innovation

    Collaborative health research funding where industry partners conduct qualifying R&D.

    VariesGrant-based

    Common eligible activities

    • Diagnostic equipment development
    • Surgical instrument innovation
    • Monitoring system development
    • Prosthetic and implant design
    • Therapeutic device development
    • Medical imaging improvements
    • Telemedicine technology

    Documentation CRA expects

    • Clinical testing and validation
    • Regulatory submission records
    • Safety and efficacy data
    • Manufacturing process documentation
    • Quality control records
    • User training materials
    • Post-market surveillance data

    Must meet strict medical device regulations and demonstrate clinical benefit.

    Ready to claim funding for Medical Devices R&D?

    Use our free tools to assess eligibility and estimate credits, then get guided T661 support from Shredy.

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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.

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    SR&ED Services

    SR&ED FilingInnovation GrantsSR&ED Eligibility Quiz

    Alternatives

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    Funding Resources

    Startup FundingResearch Funding

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