Time is of the essence when filing for an Industrial Research Assistance Program (IRAP) grant or loan. Oftentimes, an application for an IRAP grant made in September which gets approved may not be funded until the National Research Council’s (NRC) next fiscal year, when new money is allocated to the program. This happens because IRAP [...]

As consultants we meet with many different companies and, to our surprise, a substantial number of business owners, particularly owners-managers, are reluctant to tap into the government incentives available to them. Somehow these very capable, self-made, independent businesspeople perceive applying for government assistance or tax credits as an acknowledgement of their inability to succeed on [...]

Last night, the Federal Government provided budget details for 2009. Spending was significantly increased, and many programs received more funds and/or extended mandates. It appears that business, sport and the arts will all benefit from the budget in some manner. Here are some of the details: The Canadian New Media Fund, administered by Canadian Heritage [...]

I recently returned from a sales meeting where a potential client was discouraged from filing an IRAP grant. They were told that by getting an IRAP grant, they would effectively reduce the amount they get back from SR&ED. This particular piece of advice is highly misleading, and sadly we’ve heard this many times at MCN. [...]

Hello and welcome to the Mobile Capital Network Blog! Mobile Capital Network is a team of highly skilled engineers, scientists and finance professionals dedicated to helping Canadian and International technology companies to access various government research and development tax credits and grants. Our team of experts is very experienced in the preparation and submission of [...]