Now filing FY2025 · Accepting new clients

Government grants and business tax credits — simplified.

SR&ED, IRAP, Scale AI, CanExport, and every provincial program your Canadian business qualifies for. We find each one, prepare every claim, and defend every audit — so you keep building.

Book a 15-min call → Eligibility check
Proven track record
$250M+
Funding recovered
170+
Canadian innovators
99%
CRA approval rate
Programs we handle

Every Canadian program worth claiming.

Federal, provincial, refundable, non-refundable, cost-shared, export-focused — we know the Canadian funding landscape end-to-end and coordinate them so nothing gets left on the table.

Showing 8 of 22
Non-dilutive capital · delivered
$250M+

Backed by former CRA, Big 4 & national accounting firm experience.

We've helped over 170 Canadian innovators recover non-dilutive capital across software, AI/ML, healthcare, cleantech, and advanced manufacturing — without a single retainer, deposit, or guess.

170+
Clients served
99%
Success rate
5
Core industries
◆ Written by

PhDs & engineers
with domain depth

Technical reports authored by PhDs, engineers, and software architects with 20+ years in AI, software, medtech, cleantech, and advanced manufacturing.

◆ Prepared by

CPAs & tax strategists
with CRA expertise

Financials reconciled against your T2 schedules by CPAs who understand ITA provisions, specified employee caps, and proxy elections inside-out.

◆ Audited by

Former CRA
SR&ED auditors

Every claim is stress-tested internally by former CRA SR&ED auditors before it ever reaches the agency. If the CRA reviews it, we defend it.

Funding at a glance

Stack programs.
Extend your runway.

Here's how a for-profit Canadian company with one FTE earning ~$100K and ~$100K in annual revenue could stack non-dilutive funding in their first year with GovMoney.

  • ✓

    Up to $307,500 — without giving up equity

    Stacked federal, provincial, and cost-shared programs, coordinated to avoid clawback.

  • ✓

    6–12 months of added runway

    Real capital that compounds on top of revenue — not debt, not equity, not taxed.

  • ✓

    No learning curve for your team

    We do the work. You get the results. Your engineers keep shipping.

Year One — Sample Stack
FY2026
SR&ED
Federal + Ontario refundable ITC
$70,000
NRC IRAP
Cost-shared advisory
$25,000
SWPP Hiring
Student work placement wage subsidy
$7,500
DMAP
Digital marketing assistance
$5,000
TDP
Technology Development Program
$100,000
AI Compute
ISED AI Compute Access Fund
$100,000
Total potential
$307,500

Illustrative stack for a Canadian for-profit CCPC with 1 FTE and ~$100K revenue.

How it works

Four steps. Zero paperwork panic.

We've distilled a decade of Canadian funding practice into a process that keeps your team building and your CFO calm.

01

R&D Assessment

We sit with your engineering leads, identify eligible projects, and scope technological uncertainty against CRA's three-criteria test.

02

Financial Costing

T4 data, contractor invoices, materials consumed — proxy vs traditional, specified employee caps, ASA rules. All handled.

03

T2 Integration

Schedules 31, 60, 508, 566 — all prepared and reconciled against your corporate return. Your accountant files, you don't touch a form.

04

Audit Package

Contemporaneous evidence, time tracking, technical documentation — organized and bound before the CRA even asks.

01

Discovery & Scoping

A deep discovery call to understand your business, your roadmap, and the funding goals — immediate cash flow needs vs long-term strategic plays.

02

Funding Strategy

We build a prioritized roadmap across federal, provincial, and regional programs — sequencing grants to maximize total capture without clawback conflicts.

We handle every admin call, email & meeting on your behalf.
03

Application Submission

Narrative, budget, project plan, supporting docs — drafted, reviewed, and submitted by our grants team. Zero administrative overhead on you.

No retainer required for grants under $100K.
04

Approval & Funding

We represent you through review, handle any clarifications with the grant administrator, and track disbursement right through to funds landing in your account.

Instant estimate — for SR&ED claims

Your potential SR&ED refund,
in 30 seconds.

Plug in your R&D spend. We'll return a directional estimate of your federal and provincial SR&ED ITC. For an audit-ready calculation, book a call.

Book a detailed assessment →
SR&ED Estimator · Live
Estimated annual SR&ED refund
$305,250
Federal 35% + provincial stack. Directional estimate for SR&ED claims only.
Industries we serve

Your sector's playbook,
not a generic template.

Every industry has a different SR&ED pattern, a different grant mix, and different audit triggers. Select yours — we'll show you what we actually do for you.

◆ Most-filed vertical

AI & Machine Learning

Compute burns fast, and so do your SR&ED expenditure limits. We coordinate SR&ED with the AI Compute Access Fund, Scale AI, and Regional AI Initiative — then stack OITC and OIDMTC on top for Ontario teams.

Typical stack
$250K–$1.2M
Programs used
6–8 per year
Key unlock
66% cloud cost recovery
Programs we coordinate for AI companies
SR&ED AI Compute Access Scale AI Regional AI Initiative OITC OIDMTC Mitacs
⌘ Software-first filers

SaaS & Software

Engineering work you already call "just product" often qualifies. Routine dev isn't eligible — we find the technical uncertainty you didn't flag, and document it the way CRA wants to see it. Ontario-based? OIDMTC layers on top for eligible interactive digital media.

Typical stack
$120K–$450K
Programs used
3–4 per year
Key unlock
OIDMTC for Ontario SaaS
Programs we coordinate for SaaS companies
SR&ED OIDMTC NRC IRAP CanExport SME
◊ Budget 2025 reshaped

Cleantech & Energy

Budget 2025 restored SR&ED CapEx eligibility — your test rigs, lab instruments, and pilot equipment are back in scope. Stack SR&ED with Clean Tech ITC for renewable manufacturing, plus SIF for scale-up projects over $10M.

Typical stack
$200K–$2M+
Programs used
4–6 per year
Key unlock
CapEx now eligible
Programs we coordinate for cleantech companies
SR&ED Clean Tech ITC SIF NRC IRAP SDTC Clean Growth Hub
✚ Clinical trial expertise

MedTech & Life Sciences

Clinical trial documentation is audit gold — we build narratives that reviewers approve the first time. NSERC Alliance grants, IRAP cost-sharing, and SR&ED stack cleanly when sequenced correctly.

Typical stack
$180K–$800K
Programs used
4–5 per year
Key unlock
Clinical trial docs = audit-proof
Programs we coordinate for MedTech companies
SR&ED NRC IRAP NSERC Alliance Mitacs CIHR
◭ Process innovation focus

Advanced Manufacturing

Process innovation qualifies for SR&ED — most shops leave this on the table because the work looks like "normal operations." Ontario adds OMMITC for manufacturing equipment, and FedDev supports scale-up capital projects.

Typical stack
$150K–$900K
Programs used
3–5 per year
Key unlock
OMMITC for equipment
Programs we coordinate for manufacturing
SR&ED OMMITC FedDev Ontario NRC IRAP Next Generation Mfg
⌬ CapEx eligible again

Hardware & Robotics

Prototyping, testing rigs, and lab equipment are SR&ED-eligible again under Budget 2025. Your next prototype can pay for the one after it. Scale AI funds robotics-adjacent AI workloads, and IRAP covers hardware development milestones.

Typical stack
$180K–$1M
Programs used
4–6 per year
Key unlock
Prototype CapEx recovery
Programs we coordinate for hardware companies
SR&ED NRC IRAP Scale AI Strategic Innovation Fund OITC
How we compare

Most firms file one program.
We run the whole stack.

Here's what changes when you swap a DIY filing or Big 4 engagement for a specialist shop with PhDs, ex-CRA auditors, and grant strategists on one file.

 
GovMoney
Specialist firm
DIY
In-house finance + CPA
Big 4 / national firm
Generalist tax practice
Programs coordinated
22 Canadian programs
1 (usually SR&ED only)
2–3 (main federal)
Technical writers on your file
PhDs, domain-matched
Your engineers' time
Junior analysts
Audit defence
Included · ex-CRA led
Good luck
Separate engagement, hourly
Fee structure
Success-based (10–15%)
Opportunity cost
Retainer + hourly billing
Your team's time commitment
2–4 hours total
40–80 hours
15–25 hours
Who's on your account
Senior SR&ED lead + grant strategist
You
Rotating junior team
Typical response time
Under 48 hours
N/A
2–4 weeks
Filing deadline risk
Filed 45+ days early
Year-end scramble
Queue behind audit work
Meet the experts

The team
the CRA already knows.

Our senior team has filed thousands of SR&ED claims, sat on CRA's side of the table, and written the technical narratives that get approved the first time. No offshore pools. No junior-led files.

TK
Senior SR&ED Lead
15+ years · Former CRA Technology Sector Specialist
Led over 1,200 SR&ED reviews inside CRA before crossing over to practice. Specializes in high-risk claims, contested reviews, and first-time filers under $500K.
Ex-CRA CPA, CA
AR
Head of Technical Writing
PhD, Machine Learning · 10+ years in applied AI
Writes SR&ED narratives that survive first-pass CRA review. Former research scientist; knows the difference between "novel" and "routine" because she's published both.
PhD, CS AI/ML
MJ
Director, Financial Costing
CPA, CA · 12+ years · Big 4 SR&ED practice
Runs the proxy vs traditional analysis that maximizes recovery without triggering review. Built the costing model for over $180M in claimed expenditures.
CPA, CA Ex-Big 4
DS
Grant Strategy Lead
MBA · IRAP & Scale AI specialist · 8+ years
Coordinates multi-program stacks across federal, provincial, and AI-specific funds. Has written applications now sitting on IRAP ITAs' "model submission" reference list.
MBA IRAP-approved
1,200+
Combined SR&ED reviews worked
$250M+
Funding secured across team careers
0
Offshore teams · work done in Canada

Supporting Canadian innovation where it begins.

We back the next generation of Canadian founders — students and early-stage startups coming out of some of the country's leading academic institutions. To help them focus on building, we offer preferred, subsidized fees for ventures emerging from programs at the schools below.

GovMoney is not formally affiliated with, partnered with, or endorsed by any of these institutions. We simply offer subsidized pricing to student founders and startups emerging from their accelerators and incubators as a way of supporting Canadian innovation at its earliest stages.

Pricing

You win,
we win.

No deposits. No retainers for SR&ED. You pay only when your claim is approved. Fees apply per bracket — so the more you claim, the less you pay per dollar.

  • ✓

    Progressive fair pricing

    Fees apply only to each bracket — not the whole claim.

  • ✓

    End-to-end support included

    Quarterly check-ins, technical reviews, and grant strategy — all built in.

  • ✓

    Risk-free partnership

    We only get paid when you do. If the CRA doesn't approve, you don't pay.

Your SR&ED claim size
$100,000
You pay
14.5%
$25K $250K $500K $750K $1M+
You keep $85,500
Our fee $14,500
Currently in: $50K–$150K bracket (14%)
↑ Claim grows · ↓ Your rate shrinks
See full bracket schedule +
$25,001 – $50,00015%
$50,001 – $150,00014%
$150,001 – $250,00013%
$250,001 – $350,00012%
$350,001 – $500,00011%
$500,001+10%
Minimum engagement fee of $2,500 for grants over $100,000. Subsidized pricing available for startups in university accelerator programs.
Case studies

Real stacks.
Real outcomes.

Names anonymized at client request. Claim sizes, timelines, and program mixes are exact.

◆ Featured
AI / ML Series A · 18 FTEs

From a $180K SR&ED filing to a $640K stack — in 14 months.

A Toronto-based foundation model company came to us mid-filing with a $180K SR&ED claim prepared by their accountant. We re-scoped three months later, layered in AI Compute, Scale AI, IRAP, and OITC — and rewrote the technical narrative before CRA touched it.

$640K
Total secured, year one
+256%
Vs. their prior SR&ED-only filing
4 hrs
Client team time, full year
SR&ED Federal OITC AI Compute Access Scale AI NRC IRAP
"We'd resigned ourselves to SR&ED being the only lever. GovMoney found four more — and the CRA approved the claim without a single adjustment." — Co-founder & CTO · anonymized at client request
Cleantech Bootstrapped · 11 FTEs

Recovered $95K in shelved 2023 CapEx under Budget 2025 rules.

A BC-based battery R&D firm had postponed a $280K test rig purchase because CapEx was no longer SR&ED-eligible. After Budget 2025 reinstated capital eligibility, we recovered 70% of its usage retroactively.

$95K
CapEx recovered
$340K
Total claim year one
SR&ED Clean Tech ITC SIF
SaaS Series B · 42 FTEs

Rescued a 2023 claim flagged for review. Settled at 98% of filed.

Incoming client had a $420K SR&ED claim selected for detailed review by CRA. We took over the file mid-audit, ran the narrative defence with our ex-CRA lead, and closed the review with a $412K approval.

$412K
Approved after review
98%
Of claim defended successfully
SR&ED · audit defence OIDMTC
MedTech Seed · 7 FTEs

First-time filer. $210K recovered across three programs.

A first-time claimant building diagnostic imaging software. We mapped SR&ED + OIDMTC + NRC IRAP in month one, and sequenced the applications so nothing got clawed back.

$210K
Year one, first filing
9 mos
Runway extension
SR&ED OIDMTC IRAP
Questions

Answers,
not fine print.

Still have questions? Book a free 30-minute consultation with one of our specialists.

Book a call →
What is the SR&ED program?+
Canada's Scientific Research & Experimental Development program — the country's largest federal tax incentive. It provides refundable and non-refundable tax credits on eligible salaries, subcontractors, and materials for R&D performed in Canada.
Who qualifies for SR&ED?+
Any Canadian corporation — pre-revenue startup to public company. Eligibility hinges on the work, not the outcome. If you're solving a technological uncertainty through systematic investigation, you likely qualify, even if the project failed.
How much can I recover?+
CCPCs can claim up to 35% federal refundable ITCs on the first $6M of qualifying expenditures (expanded from $3M under Budget 2025). Stacked with provincial credits like Ontario's OITC + ORDTC, total recovery commonly reaches 40–50% of eligible R&D spend.
Can I claim SR&ED alongside grants?+
Yes — but they must be coordinated. Government assistance reduces SR&ED-eligible expenditures dollar-for-dollar, so stacking the wrong programs costs you. We model the interaction before you commit.
What does GovMoney charge?+
Success-based fees for SR&ED — 15% at the lowest bracket scaling down to 10% for claims over $500K. For grants, no retainer required on applications under $100K. No cost if nothing lands.
Do you handle audits?+
Yes. Full CRA audit representation is included in every SR&ED engagement. Our team includes former CRA SR&ED auditors, and your claim is audit-proofed from day one.

Experience a better way
to get your projects
shredded. shredded. granted. funded. approved.

Whether it's an SR&ED claim or a grant application, work side-by-side with subject-matter experts. No retainers, no guesswork, no surprises.

Book an appointment → Try the calculator