Industries We’ve Helped Recover SR&ED Credits
Building Products Manufacturer
✓ Fredericton, New Brunswick
Adapting Insulation Foam for Different Climates and Applications
Developed insulation foam products for different climates and applications while improving durability, thermal performance, and installation consistency.
- Wages $385K
- Materials $110K
$128,000 Recovered
✓ Ontario Manufacturing
Recovering value from innovation and technical problem-solving
- Wages $112K
- Proxy $22K
- Subcontractors $129K
- Materials $9K
✓ Ontario, Plastic Extrusion - Manufacturer
Engineered a more stable extrusion process for a modified plastic formulation without compromising product quality or production consistency.
- Wages $420K
- Material $80K
$145,000 Recovered
SaaS Company
✓ Montreal, Quebec
Scaling a Real-Time Platform Without Losing Responsiveness
Improved a real-time collaboration platform so users could interact smoothly during high-traffic periods without delays, dropped updates, or inconsistent session data.
- Wages $650K
- Cloud/Testing Costs $120K
$395,000 Recovered
Family-Owned Dairy Farm
✓ Charlottetown, Prince Edward Island
Improving Milk Components While Managing Methane and Herd Health
Tested new feed strategies to improve milk components and reduce methane-related output without compromising herd health or fertility.
- Wages $180K
- Material $95K
$72,000 Recovered
✓ Edmonton, Food Processing Company
Meeting Food Safety Requirements Without Sacrificing Product Quality
Advanced specialized industrial processes through materials engineering and validation testing.
- Wages $600K
- Material $125K
$227,000 Recovered
✓ Calgary, Pet Food Manufacturer
Improving Shelf Stability in Dehydrated Protein Products
Developed a more stable dehydration process for new protein-based pet food products while reducing spoilage and improving shelf consistency.
- Wages $410K
- Material $85K
$104,000Recovered
✓ Sudbury, Mining Equipment | Manufacturer
Developed a more durable equipment component for underground mining conditions where abrasion, vibration, and impact caused premature failure
- Wages $370K
- Materials $125K
$135,000 Recovered
Developed a more durable equipment component for underground mining conditions where abrasion, vibration, and impact caused premature failure
- Wages $370K
- Materials $125K
$135,000 Recovered
Casket Manufacturer
✓ Saskatoon, Saskatchewan
Developed an environmentally focused casket design that aimed to preserve the appearance of a premium finished product while reducing reliance on conventional chemical coatings and non-biodegradable materials.
- Wages $425K
- Materials $90K
$285,000 Recovered
Developed an environmentally focused casket design that aimed to preserve the appearance of a premium finished product while reducing reliance on conventional chemical coatings and non-biodegradable materials.
- Wages $425K
- Materials $90K
$285,000 Recovered
Custom Machine Shop
✓ Winnipeg, Manitoba
Turning a Large Ride-On Machine Into a Compact One-Person Unit
Redesigned a large ride-on industrial machine into a compact, one-person mobile unit for tighter spaces without losing operating performance.
- Wages $178K
- Material $25K
$77,000 Recovered
Marine Technology Company
✓ Halifax, Nova Scotia
Improving Sensor Reliability in Harsh Ocean Conditions
Developed a monitoring system for harsh ocean conditions where saltwater exposure, vibration, and inconsistent connectivity affected data reliability.
- Wages $470K
- Material $135K
$188,000 Recovered
Craft Brewery
✓ Vancouver, British Columbia
Developed a custom pilot-brewing process to test new flavour profiles while improving consistency, fermentation control, and batch scalability.
- Wages $190K
- Material $75K
$92,000 Recovered
Developed a custom pilot-brewing process to test new flavour profiles while improving consistency, fermentation control, and batch scalability.
- Wages $190K
- Material $75K
$92,000 Recovered
✓ Ontario, IT Security Software Company
Reducing False Alerts in Access Monitoring
Developed a more reliable threat-detection workflow that reduced false alerts while improving visibility into unusual user activity.
- Wages $320K
- Subcontractors $35K
$98,000 Recovered
Building Products Manufacturer
✓ Fredericton, New Brunswick
Adapting Insulation Foam for Different Climates and Applications
Developed insulation foam products for different climates and applications while improving durability, thermal performance, and installation consistency.
- Wages $385K
- Materials $110K
$128,000 Recovered
✓ Ontario Manufacturing
Recovering value from innovation and technical problem-solving
- Wages $112K
- Proxy $22K
- Subcontractors $129K
- Materials $9K
✓ Ontario, Plastic Extrusion - Manufacturer
Engineered a more stable extrusion process for a modified plastic formulation without compromising product quality or production consistency.
- Wages $420K
- Material $80K
$145,000 Recovered
SaaS Company
✓ Montreal, Quebec
Scaling a Real-Time Platform Without Losing Responsiveness
Improved a real-time collaboration platform so users could interact smoothly during high-traffic periods without delays, dropped updates, or inconsistent session data.
- Wages $650K
- Cloud/Testing Costs $120K
$395,000 Recovered
Family-Owned Dairy Farm
✓ Charlottetown, Prince Edward Island
Improving Milk Components While Managing Methane and Herd Health
Tested new feed strategies to improve milk components and reduce methane-related output without compromising herd health or fertility.
- Wages $180K
- Material $95K
$72,000 Recovered
✓ Edmonton, Food Processing Company
Meeting Food Safety Requirements Without Sacrificing Product Quality
Advanced specialized industrial processes through materials engineering and validation testing.
- Wages $600K
- Material $125K
$227,000 Recovered
✓ Calgary, Pet Food Manufacturer
Improving Shelf Stability in Dehydrated Protein Products
Developed a more stable dehydration process for new protein-based pet food products while reducing spoilage and improving shelf consistency.
- Wages $410K
- Material $85K
$104,000Recovered
✓ Sudbury, Mining Equipment | Manufacturer
Developed a more durable equipment component for underground mining conditions where abrasion, vibration, and impact caused premature failure
- Wages $370K
- Materials $125K
$135,000 Recovered
Developed a more durable equipment component for underground mining conditions where abrasion, vibration, and impact caused premature failure
- Wages $370K
- Materials $125K
$135,000 Recovered
Casket Manufacturer
✓ Saskatoon, Saskatchewan
Developed an environmentally focused casket design that aimed to preserve the appearance of a premium finished product while reducing reliance on conventional chemical coatings and non-biodegradable materials.
- Wages $425K
- Materials $90K
$285,000 Recovered
Developed an environmentally focused casket design that aimed to preserve the appearance of a premium finished product while reducing reliance on conventional chemical coatings and non-biodegradable materials.
- Wages $425K
- Materials $90K
$285,000 Recovered
Custom Machine Shop
✓ Winnipeg, Manitoba
Turning a Large Ride-On Machine Into a Compact One-Person Unit
Redesigned a large ride-on industrial machine into a compact, one-person mobile unit for tighter spaces without losing operating performance.
- Wages $178K
- Material $25K
$77,000 Recovered
Marine Technology Company
✓ Halifax, Nova Scotia
Improving Sensor Reliability in Harsh Ocean Conditions
Developed a monitoring system for harsh ocean conditions where saltwater exposure, vibration, and inconsistent connectivity affected data reliability.
- Wages $470K
- Material $135K
$188,000 Recovered
Craft Brewery
✓ Vancouver, British Columbia
Developed a custom pilot-brewing process to test new flavour profiles while improving consistency, fermentation control, and batch scalability.
- Wages $190K
- Material $75K
$92,000 Recovered
Developed a custom pilot-brewing process to test new flavour profiles while improving consistency, fermentation control, and batch scalability.
- Wages $190K
- Material $75K
$92,000 Recovered
✓ Ontario, IT Security Software Company
Reducing False Alerts in Access Monitoring
Developed a more reliable threat-detection workflow that reduced false alerts while improving visibility into unusual user activity.
- Wages $320K
- Subcontractors $35K
$98,000 Recovered
Top FAQs About SR&ED
What do I need to qualify?
Any Canadian Company in any sector is eligible to apply. However, there are two main criteria to identify SR&ED eligibility:
Technological Uncertainty – Did a qualified person work to overcome a technical challenge, whose outcome could not be determined using their existing knowledge. Simply put, did you encounter any technical issues you could not “Google” your way out of? Technological Advancement – The work you did advanced your company’s current understanding of underlying technologies or increased your technical knowledge. I.E. did you learn something new while tackling the issue you faced.
I have investigated SR&ED before, but I do not think I qualify.
Many claimants are under the impression that a SR&ED program is a purely research-driven within laboratory settings. The truth is, 95% of SR&ED claims fall under “Experimental Development”. Meaning, if your company has adopted a methodical approach to its development of a product/process or required experimentation to solve a technical uncertainly that arose during your day-to-day activities, you are eligible to apply for SR&ED benefits.
How long do I have to apply?
The CRA allows you as a company to apply for SR&ED up to 18 months from the date of your company’s Fiscal Year. You are also able to submit an application for SR&ED funding each year.
How much funding can I receive?
The amount you can receive varies greatly on your industry, your projects, and the size of your technical expenditures. However, the average claim size for our clients is around $80k.
What will this cost me?
We base our fees solely on you receiving a refund, so all preparation work is free. There are no upfront costs and minimal time commitment is required from clients. We work to ensure that the submission preparation is completed by experts with minimal intrusion to the client.
What does the claim process entail?
Our consultants will meet with you to establish which technical projects qualify for CRA’s SR&ED credits/refunds and will prepare all the necessary documentation for filing. This includes detailed technical report and the preparation of all tax schedules and accounting reports detailing the costs associated with the project, whether ongoing or completed.
Does the size of my company affect my eligibility for SR&ED?
No, this program was created to promote technical activities in Canada. Any expenditures arising from work to help overcome technical uncertainties can be claimed for the SR&ED program.
Why use a SR&ED consultant?
Other than our ability to maximize your claim, we will prepare all the necessary paperwork with no disruption to the day-to-day running of the business.
Expertly Navigating SR&ED Claims
We manage your claim from start to finish so you can stay focused on your business. Most clients recieve refunds within three months of submission.
No Risk Application & No Upfront Costs
Our fees are contingent on
successful claim outcomes.
We Save
You Time
We complete the paperwork so you can focus on your day-to-day business.
Cash
Reimbursements
We specialize in helping businesses maximize their financial returns.
Broad
Expertise
Our experienced team ensures each claim is maximized and CRA-ready.
Who Do We
Work With
We pride ourselves on partnering with a diverse array of industries, each with its unique challenges and opportunities. From innovative tech startups to established manufacturing firms, our expertise spans a broad spectrum, ensuring tailored solutions for every client we serve.
Life Sciences & Med Tech
Life Sciences & Med Tech
- Advance diagnostics & therapies
- Engineer safer, stronger products
- Adapt devices to real-world use
- Prototype, test, refine
- Overcome regulatory barriers
Environmental, Agriculture & Other applied Sciences
Environmental, Agriculture & Other applied Sciences
- Maximize efficiency in the field
- Optimize crops, soil, systems
- Apply tech to real-world challenges
- Tackle climate & material limits
- Test, adapt, improve
Manufacturing
Manufacturing
- Create better materials
- Solve complex build challenges
- Upgrade equipment & tooling
- Streamline production
- Improve safety & output
IT & Software
IT & Software
- Build smarter systems
- Solve complex integrations
- Boost speed, scale, security
- Rethink architecture fast
- Crack technical unknowns
Connect with Us!
We’re happy to talk and help you understand your SR&ED opportunities.
Our Location
2160 Highway 7, Suite 195 Vaughan, ON L4K 1W6
Carnegie Capital Group
Empowering businesses with expert SR&ED claim services. At Carnegie Capital Group, we transform technical endeavors into significant financial advantages, fostering growth and innovation across Canada.