This tax credit is a fantastic opportunity for you to lower your R&D expenses. With a refundable tax credit of up to 30%, you can significantly offset costs while pushing forward your innovative projects. Whether you’re developing new technologies or enhancing existing products, this program supports your growth and helps improve your bottom line.

By collaborating with another private company, you can unlock even greater financial returns from your R&D activities. This means that the more you invest in research, the more you stand to gain from this tax credit. The best part? You don’t need to meet strict revenue or employee criteria to qualify, so businesses of all sizes can take advantage of this program.

Applying is straightforward, and the potential benefits are substantial. Imagine boosting your technological advancements while effectively managing costs. This is your chance to enhance your R&D efforts with support that truly pays dividends.

Type of Financing
This program offers a refundable tax credit of up to 30% for eligible research and development (R&D) work done in partnership with another private company.

Repayment Terms and Eligible Expenses
There are no repayment terms or interest rates applicable, as this is a tax credit. Eligible expenses include costs related to R&D activities that advance technology and scientific research. This can cover salaries, materials, and related overhead costs directly tied to the R&D project.

Restrictions and Associated Fees
Funds from this credit cannot be used for activities not related to R&D, such as marketing or administrative expenses. Additionally, there are no fees associated with the program, making it an excellent opportunity for your business to invest in innovation without incurring extra costs.

• Location: Business must be based in the province of Quebec, Canada.
• Sectors: All sectors are eligible to apply.
• Employee Requirements:
  • No minimum number of employees required.
  • No maximum number of employees required.
• Company Revenue:
  • No minimum revenue qualifications.
  • No maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications: None mentioned.

This program offers a refundable tax credit of up to 30% for your research and development (R&D) projects. If you collaborate with another private company, you can reduce your costs significantly. This is a great chance to advance your technological innovations while keeping your expenses in check.

The funding from this program can help cover various R&D activities. Whether you're developing new products, improving existing ones, or exploring new technologies, this financial support is designed to boost your scientific pursuits. The more you invest in R&D, the more you can receive back through this credit.

Best of all, this opportunity is available now and does not have strict revenue or employee requirements. This means your business, regardless of size or structure, can benefit. Take advantage of this program to enhance your R&D efforts and potentially improve your bottom line.