Unlocking Capital for Software & AI.
Accelerate software and AI development with funding options like SR&ED and IRAP, plus clearer planning for evidence and timelines.
Canadian software and AI companies may explore SR&ED tax incentives for qualifying experimental development and NRC IRAP support for technology innovation. Eligibility, support, and timing vary by project and program, and each organization must be assessed against current official rules.
Programs to investigate
SR&ED + IRAP
Funding amounts
Varies by project and program
Key Parameters
Matching Funding Programs
Programs to investigate for Software & AI projects. Confirm current fit and intake status with each official source.
Potential Cost Areas
Costs that may be considered for Software & AI projects, subject to the applicable program rules.
Developer salaries connected to qualifying experimental development
R&D environment costs where current program rules permit them
Contractor costs connected to eligible project work
Materials consumed during qualifying prototype testing
Other expenditures supported by the applicable program rules
Check Your Eligibility
Run a free assessment to see which of these programs match your Software & AI company profile. Takes under 2 minutes.
Check your funding readinessSoftware & AI Funding FAQ
Does using AI tools like Copilot disqualify my SR&ED claim?
Using AI tools does not determine eligibility on its own. The CRA assesses whether the claimed work meets current SR&ED requirements; routine configuration and experimental development may be treated differently depending on the project facts and evidence.
Can I claim SR&ED retroactively?
Corporations generally have an SR&ED reporting deadline 18 months after the tax year end. Confirm the deadline and evidence requirements for your filing with the CRA.
What's the difference between SR&ED and IRAP?
SR&ED provides tax incentives for qualifying work, while NRC IRAP offers advice, connections, and potential project funding to eligible technology businesses. Neither route guarantees support, and their timing and assessment processes differ.