Bringing the SR&ED Program to the Food Industry

SR&ED (Scientific Research & Experimental Development) is a government program that rewards companies that perform R&D in Canada. The program makes Canada a more economically competitive and technologically advanced nation, and it has been in existence since the 80’s. The Canadian incentive program is one of the most generous R&D programs in the world.

This is not a grant – you are entitled to this money under the Income Tax Act

Insights: SR&ED Claims in the Food Industry

For food claims, you’ll want to make sure that you don’t represent your projects as mere recipe development or new cooking methods. CRA likes to trivialize food claims, even though there’s the real science behind food formulations, and the category clearly exists. There are growing trends in food formulations without preservatives, a variety of common additives, gluten-free, low-sodium, low-calorie, and other popular trends that create technological obstacles for food manufacturers.

Many food claims actually involve brewing – wineries, and breweries are often conducting SR&ED within their facilities.

If you are not sure if your work eligible, talk to the experts from Bond Consulting Group

But how to get approved? Ask us.

Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!