10 Grants in 10 Minutes

10 Grants in 10 Minutes with Jon Irwin
Jon covers 10 grants and then answers questions from the audience

Index so you can jump to the part you want
00:00 Introduction
00:17 John Irwin is a government funding expert with 16 years of experience in tax credits and grants.
01:56 Overview of government funding options, including loans, tax credits, and grants.
02:37 Grants are highly competitive, often with demand exceeding available resources.
02:50 NRC Youth Employment Program offers up to 50% of an intern’s salary for specific project types.
03:31 Mitacs Accelerate Entrepreneur program supports early-stage startups with academic collaboration.
04:26 Ontario Job Grant provides up to $10,000 per employee for training in various topics.
05:03 CanExport program provides up to $50,000 for international business expansion expenses.
06:14 NRC IRAP offers up to $75,000 for salary costs and 50% for subcontractor costs.
06:57 SR&ED (Scientific Research and Experimental Development) tax credit program overview.
08:47 Interactive Digital Media Tax Credit offers up to 40% in refundable tax credits for eligible development expenses.
09:28 CDAP Micro-Grant of $2,400 available until March 2025 for improving online presence and security.
10:11 Most grants require businesses to be incorporated for at least two years with specific income requirements.
10:49 Grants must be approved before starting work, and many hiring grants can be quickly applied for.
12:26 Post-pandemic, grant programs are oversubscribed, making meeting base criteria crucial.
14:17 Ontario Centers of Innovation (OCI) offers grants for university collaborations.

Additional Takeaways:

22:30 NSERC and IRAP provide funding across various industries.
22:44 Innovative blockchain or Web3 projects may qualify for IRAP funding, excluding simple token development.
23:10 Presentation will be provided to attendees for future reference.
23:39 SR&ED is a tax credit program offering cash refunds for eligible research expenses.
23:53 Companies spending over $100,000 on research should consider discussing SR&ED with John.
24:21 SR&ED benefits are available if 51% of company shares are owned by Canadians or PRs.
24:33 SR&ED is a recurring program, unlike grants that may vary year to year.

Here are the list of links discussed at the end with a brief description of each page:
NSERC (Natural Sciences and Engineering Research Council of Canada) : The homepage of NSERC, which provides funding opportunities for research in various fields.
URL: https://www.nserc-crsng.gc.ca/index_eng.asp
Canadian Digital Adoption Program (CDAP) micro-grant : A government program offering grants to help small businesses get online.
URL: https://ised-isde.canada.ca/site/canada-digital-adoption-program/en/grow-your-business-online
Ontario Business Grants : A website providing information on business grants available in Ontario, Canada.
URL: https://ontariobusinessgrants.com/
Canada Digital Adoption Program (CDAP) application portal : The online platform for applying to CDAP micro-grant programs.
URL: https://innovation.ised-isde.canada.ca/s/?language=en_CA
Federal Economic Development Agency for Southern Ontario (FedDevOntario) : A government agency offering financial support for technology and innovation in Ontario.
URL: https://sbs-spe.feddevontario.canada.ca/en/technology-and-innovation-financial-support
Hello Darwin business aid : A website providing information on grants and funding opportunities for businesses, including those related to technology in Ontario.
URL: https://hellodarwin.com/business-aid/grants-and-funding/technology/ontario
Government of Canada innovation funding : The government’s website providing information on various funding opportunities for innovation and research projects.
URL: https://www.canada.ca/en/services/science/innovation/funding.html