One Line Pitch: SR&ED Helper uses trusted technology and innovative, realistic solutions to help businesses maximize SR&ED tax credits
Business Summary: Approximately 50% of eligible Canadian companies are not filing for Scientific Research and Experimental Development (SR&ED) tax credits. Millions of free funding dollars are lost each year. Currently, businesses struggles to accurately track and compile the information needed to submit their SR&ED tax claims. In some cases, employees are asked to retroactively dig through old files and messages to write a report that will satisfy the CRA and may result in an audit. The process is stressful, expensive, and inaccurate. The proposed solution is a digital assistant as an app offering services and tools for businesses to effectively track, organize, and submit accurate SR&ED claims. SR&ED information is organized into categories and sections, making it easy to sort, review, and submit each claim at the end of the year
Sector: Information and Communications Technology