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Secure SR&ED tax credits and grants with expert support. Audit-ready, maximized, and stress-free.
With over $1.8M secured, 170+ clients supported, and a 98% success rate, Govmoney brings 20+ years of combined expertise to help innovators unlock non-dilutive funding with confidence.
With over 25 years of expertise and hundreds of successful claims, Govmoney simplifies government funding for innovative businesses. Our process is built to fuel growth, strengthen client relationships, and deliver funding strategies that actually work.
Get a quick idea of how much funding your business could recover through SR&ED business tax credits. For a detailed, audit-ready calculation, book a call with our experts.
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We've optimized our claim preparation strategy so that your team can focus on what they do best!
Collaborate with your R&D team to capture project details for accurate descriptions.
Calculate R&D effort per employee using payroll data from your accounting team.
Organize and package all information for seamless integration with your T2 filing.
Prepare supporting evidence in advance to ensure smooth compliance with CRA.
At GovMoney, we know that accessing innovation funding can be one of the biggest levers for growth, especially for startups and R&D-focused businesses. You can use the right incentives to significantly reduce your innovation costs and extend your runway, whether you are creating a new product, expanding your technology stack, or scaling operations.The fact that programs such as sr&ed tax credits Canada, FedDev Ontario Funding and irap government funding do not mean a lot to many businesses since they intimidate them with the application process, which is often perceived to be complex or time-consuming.
A major component of Canada’s federal innovation ecosystem is the availability of refundable tax credits and business tax credits. Such incentives enable qualifying firms to recoup a percentage of their research and development investments, regardless of profitability, which is particularly useful to start-up entrepreneurs.
Among the key tax incentive programs:
Curated as a reward scheme that is meant to support R&D efforts aimed at hedging against technological unpredictability.
Offers refundable tax credits on eligible salaries, materials, and subcontractor costs.
Can recover up to 35% of eligible expenditures for Canadian-controlled private corporations.
Often stacked with provincial credits, meaning total benefit can exceed 40–50%.
A regional innovation initiative offering non-repayable contributions and targeted support for tech companies in Ontario.
Focused on commercializing new technologies, expanding market reach, and supporting job growth.
A strategic complement to national incentive programs.
The Industrial Research Assistance Program provides advisory services and cost-shared funding.
Supports research and innovation projects that grow Canadian economic capacity.
Often eligible in parallel with SR&ED-based claims.
Understanding how these programs intersect and align with your business strategy is essential to maximizing your available capital.
CanExport SMEs is a federal, non-repayable export funding program designed to help Canadian small and medium-sized businesses enter new international markets with less risk.
Businesses that are Eligible for SMEs can receive up to $50,000, covering up to 50% of approved export-related costs, including international travel, trade shows, market research, legal or IP support, and marketing localization.
The program is also suited for businesses that are willing to test demand, establish a global presence, and expand beyond Canada.
Examine your eligibility and book a fast consultation to understand whether CanExport SMEs is suitable for your export strategy.
The first step in claiming SR&ED tax credits in Canada or any other substantial funding is understanding what qualifies. Not every R&D cost will automatically be eligible, and documentation issues:Applied Research- work undertaken to generate new knowledge.
Experimental Development- systematic work toward technological advancement.
Support Work- data analysis, modelling, and planning that directly informs the core project.
Routine testing, market research, or purely cosmetic changes (e.g., UI styling) generally do not qualify. Our team helps you develop a clear evidence trail that aligns with CRA expectations, so claims are audit-ready from day one.
Many companies start projects without fully accounting for how claims will be structured. At GovMoney, we help you:Identify eligible expenditures
Quantify your claim
Prepare documentation for audit readiness
Integrate claims efficiently into your annual T2 filing
The organized method is risk-averse and will guarantee that your claim is based on all the qualifying work.
We have a simple and customer-oriented process:
R&D Assessment
We begin with a detailed assessment of your technology projects, ensuring that the Credit claim narrative matches CRA standards.
Financial Costing
We collaborate with your payroll and accounting departments to accurately record hours and expenses.
T2 Integration
We package your claim so it fits seamlessly into your corporate tax filing, with full documentation and record-keeping.
Audit Package Preparation
We prepare an organised audit package to defend your claim if the CRA reviews it.
These actions are meant to eliminate doubt, increase your likelihood of passing, and maximize your profits.
Many innovators, CFOs, and founders have turned complex funding opportunities into real business advantages:TechNova Solutions recovered over $180K through SR&ED tax credits Canada.
GreenVolt Energy captured multiple incentives across federal and provincial programs.
PulseTech Health secured over $350K in non-dilutive funds through smart funding strategies.
International firms tapped both Canadian and global incentives for cross-border growth.
Their success underscores a simple fact: with the right support, strategic funding becomes a growth engine, not a paperwork burden.
Do not leave behind incentives such as good ones. Do you want FedDev Ontario Funding, irap government funding, or refundable federal credits such as SR&ED tax credits Canada, GovMoney will make it easier and increase your success.Schedule a consultation with our funding specialists now to begin developing a strategy that helps you innovate faster, build a stronger balance sheet, and shield you during audits.
Work with GovMoney where smart funding meets confident growth.
See how founders, CFOs, and innovators across Canada have used Govmoney to unlock funding, reduce audit risk, and extend their runway with confidence.
Our blog helps founders, CFOs, and innovators navigate programs, policy changes, and best practices to maximize returns.
We’ve answered the most common questions to help you understand how Govmoney makes funding simple, transparent, and stress-free.
The Scientific Research & Experimental Development (SR&ED) program is a federal tax incentive that rewards Canadian businesses for conducting R&D in Canada. It provides refundable and non-refundable tax credits for eligible salaries, subcontractors, and materials used to develop or improve products, processes, or technologies.
Any Canadian company—from startups to large corporations—can qualify if they are solving a technological uncertainty through systematic experimentation or analysis. This includes work in software, engineering, AI, manufacturing, healthcare, or clean tech, even if the project was not commercially successful.
Eligible work includes applied research, experimental development, and supporting work such as engineering, design, data analysis, and testing. Routine testing, market research, or cosmetic updates (e.g., UI redesigns) are generally not eligible.
Canadian-controlled private corporations (CCPCs) can claim up to 35% federal refundable tax credits on eligible expenditures.When combined with provincial programs (like Ontario’s OITC and ORDTC), the total benefit can reach 40–50% of your R&D costs.
Yes — but you must coordinate them properly. If a grant funds part of your R&D costs, those expenses can’t also be claimed under SR&ED. However, a well-structured plan ensures you avoid double dipping and still maximize total funding. GovMoney’s platform automatically flags overlaps to keep claims compliant.
SR&ED refunds are usually issued within 90–120 days after filing your corporate tax return. Grant timelines vary — some are approved within 4–6 weeks, while others tied to multi-year projects may take longer. GovMoney helps track every stage of your application from submission to payment.
GovMoney simplifies the process through automation and expert review.Our platform helps you identify funding programs, prepare compliant applications, and track submissions in real time — with transparent pricing and dedicated support from experienced SR&ED and grants specialists.
Work with subject matter experts to secure government funding today!
