TABLE OF CONTENTS

1. Introduction
2. Funding and Support
3. Tax Credits

1. Introduction

Grants for business are available in specific industries and for specific purposes. Subsidies are primarily available for certain employment situations. The purpose of this document is to provide an overview of some of the grants and subsidies presently available for businesses in Ontario.

Although a grant or subsidy is only available for specific situations or industries, there are a number of government financing options available for Ontario entrepreneurs. The Financing for Starting a Business Info-Guide and the Financing for Established Businesses Info-Guide will provide you a useful overview of these financing options.

2. Funding and Support

Financial Support - Science and Technology

This Info-Guide provides an overview of financial support that does not fall under the categories of grants, employment subsidies or tax credits. It lists these alternative forms of financial support potentially available for businesses in Ontario involved in science and technology, including programs offered or supported by the governments of Canada and Ontario.

For further information:
see the document: Financial Support - Science and Technology

Non-Financial Support - Science and Technology

This Info-Guide provides an overview of non-financial support, potentially available for businesses in Ontario involved in science and technology, including programs offered or supported by the governments of Canada and Ontario.

For further information:
see the document: Non-Financial Support - Science and Technology

3. Tax Credits

Scientific Research and Experimental Development (SR&ED) Program

The program is a federal tax incentive program to encourage Canadian businesses of all sizes and in all sectors to conduct research and development in Canada that will lead to new, improved, or technologically advanced products or processes.

For further information:
call 1-800-959-5525
visit the website: (SR&ED) Tax Incentive Program
see the document: Scientific Research and Experimental Development (SR&ED) Program

Ontario Innovation Tax Credit (OITC)

Public and private corporations can receive a tax credit for scientific research and experimental development carried on in Ontario.

For further information:
call 1-800-668-5821
visit the website: Ontario Innovation Tax Credit (OITC) Claim Form/Guide
see the document: Ontario Innovation Tax Credit (OITC)

Related Reading

• Financial Support - Science and Technology
• Non-Financial Support - Science and Technology
• Grants, Subsidies and Contributions Info-Guide
• Grants, Subsidies and Contributions - Arts and Media
• Grants, Subsidies and Contributions - Agriculture
• Grants, Subsidies and Contributions - Employers
• Business Guides

Need more information?

Click: Canada Business
Call: The Business Info Line, a collaboration between ServiceOntario and Industry Canada, at 1-888-745-8888
Visit: Find a Community Partner Location near you

DISCLAIMERS

Information contained in this document is of a general nature only and is not intended to constitute advice for any specific situation. Users concerned about the reliability of the information should consult directly with the source, or seek legal counsel.

Some of the organizations listed above are not subject to the federal Official Languages Act or the French Language Services Act of Ontario. Their services may not be available in both official languages.