2023-09-21 – Technical Presentation: Scientific Research & Experimental Development (SR&ED) Program for Small and Medium Sized Engineering Firms

Date: Thursday, September 21, 2023 - 6:30 pm to 8:30 pm

Location: In-Person at Courtyard Toronto Markham (65 Minthorn Blvd, Markham, ON)

*Venue space is limited. Please register as soon as possible. (Food and refreshment will be provided.)

Event Information:

Scientific Research & Experimental Development (SR&ED) Program is Canada’s largest single source of federal government support for industrial R&D in Canada. Each year over $3 billion in cash refunds and tax credits are administered to over 20,000 taxpayers – the average claim size is around $150k. There is a very broad range of fields eligible under the program, including: Civil Engineering, Software Engineering, Manufacturing, Chemical Engineering, etc.

This program is geared towards small and medium sized Canadian companies however many either haven’t heard of the program or do not think that the work they do is eligible. The presentation will cover the eligibility requirements of the SR&ED program, provide a broad range of eligible project examples, and identify the financial drivers and incentives available. The goal of the presentation is to highlight that most engineering firms that are involved in developing or improving may be eligible, and to explain how easy the application can be.

Agenda:

6:30 - 6:35 pm Event Starting

6:35 - 7:30 pm Presentation

7:30 - 8:00 pm Q & A

8:00 - 8:30 pm Professional Networking

Our Guest Speaker:

Josh Dyment, P.Eng.

Senior Manager R&D and Government Incentives, Grant Thornton LLP

Josh Dyment is a licensed mechanical engineer with 20 years’ experience in automation, manufacturing and SR&ED. Josh works as a Senior Manager at Grant Thornton LLP specializing in assisting small and medium-sized engineering clients to file SR&ED claims. He has a passion for new technology and R&D, energetic and considers himself a creative thinker who is adept at thinking outside-of-the-box.

Oliver Xiao, P.Eng.

Director, Business and Community Outreach

PEO York Chapter

*By registering and attending In-Person PEO York Chapter events, attendees acknowledge the voluntary compliance of all host venue safety policies and local Public Health Requirements. Your participation is voluntary, PEO and PEO York Chapter decline any responsibilities and liabilities to event participants. Attendees also acknowledge and give PEO York Chapter full consent to use, reproduce and publish photos taken during the event.

*Each licence holder should determine whether an event is relevant to their practice. Only practice relevant activities are appropriate for PEAK continuing knowledge hours. Please consult PEAK program requirements on PEO website for more details.