Ontario Business Research Institute Tax Credit
Ontario
Government of Ontario, Ministry of Finance
Funding Amount
20% refundable tax credit for qualified expenditures on scientific research and experimental development work performed in Ontario under contract with eligible research institutes
Funding Limits
$4,000,000 annually
Program Contact Details
Email information unavailable
1-800-959-5525
Industry
All industry sectors
What is this funding for?
Business tax credit for scientific research in Ontario
Program Description
Eligible corporations can claim a 20% refundable tax credit for qualified expenditures on scientific research and experimental development work performed in Ontario under contract with eligible research institutes. Small businesses may claim this tax credit and the Ontario innovation tax credit on qualified expenditures.
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