The SR&ED program is intended to encourage businesses of all sizes, particularly small to medium and start-up firms, to conduct research and development (R&D) that will lead to new, improved, or technologically advanced products, processes, devices, and materials.
The SR&ED program encourages companies to invest in research and development (R&D) activities that will lead to the creation of new, improved, or technologically advanced products, processes, devices, and materials.