“Show Me the Money” RIC... · 2013-06-06 · Development (SR&ED) Tax Incentive Program...
Transcript of “Show Me the Money” RIC... · 2013-06-06 · Development (SR&ED) Tax Incentive Program...
“Show Me the Money” Brampton Creative Economy Summit
April 23, 2013
Show Me the Money
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RIC Centre
Fast Track your Business to Market • Advanced Manufacturing • Life Sciences • ICT • Clean-Tech/ Green-Tech • Aerospace
Ministry of Research & Innovation
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Support for tech companies
• Entrepreneurial Training • Growing Your Business • Entrepreneurs in Residence • Mentor & Coach
• Business Skills, • Training, • Experienced Mentoring
STAY CONNECTED #VentureStart facebook.com/venturestart
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Ontario Interactive Digital Media Tax Credit (OIDMTC)
- tax credit reclaim up to 40 percent of marketing, labour and distribution costs
- apps such as tip calculators, word processors and email clients are ineligible.
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Scientific Research and Experimental Development (SR&ED) Tax Incentive Program
• Federal tax incentive program to support R&D
• Gives claimants cash refunds and / or tax credits for work done in Canada
• Includes basic, applied or experimental research
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(SR&ED) Tax Incentive Program
SR &ED can’t be applied to: • market research or sales promotion, • quality control or routine testing • research in the social sciences or the humanities, • prospecting • commercial production of a new or improved
material
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Crowdfunding
• platforms such as Kickstarter and Indiegogo to raise extra capital has increased exponentially in the United States
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• Silicon Peel is a new grassroots community dedicated to connecting and creating strong relationships for local hi tech entrepreneurs, professionals, enthusiasts and leaders in Peel.
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Meetup #5 – May 29th Three-ways to fund your Startup Did you know that there is a ton of money available in Canada for seed and early stage investment?
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Show Me the Money
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Innovator Idol 5 – Register Now!
Fast Track Your Business to Market
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2655 North Sheridan Way, Suite 250
Mississauga, ON, L5K 2P8
Pam Banks Executive Director T: 289.373.3050
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