Blockchain Blockchain

Blockchain: Claim back costs on your innovative projects

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Research & Development in blockchain

The pace of innovation in the blockchain industry is constantly increasing. Companies have to introduce new or improved products to keep consumers engaged in a hyper-competitive industry with rapidly changing trends.

The significant financial investment required in order to launch a new blockchain product can make the journey to viable launch and scale-up challenging. In order to encourage additional investment into Research & Development in blockchain activities, the Canadian government provides considerable tax relief for businesses who are innovating in this sector.

Blockchain companies are well-positioned to be eligible for SR&ED Tax Credit as innovation is constantly being performed during the development process. This tax relief can help offset costs in areas such as staff salaries, materials, or contractor costs.

Examples of SR&ED activity in blockchain

  • Developing the next bitcoin or ethereum crypto
  • using blockchain in a unique unproven way
  • Developing blockchain solutions in unproven industries
  • Developing the next decentralized financial platform

Hear what our blockchain clients have to say!

Hear what our blockchain clients have to say!

Why work with us?

Allow our experience to unleash your potential!

+ 60

Industries served

+ 20

Years of experience

+ 70

Funding Experts

Why work with us?

Allow our experience to unleash your potential!

+ 60

Industries served

+ 20

Years of experience

+ 70

Funding Experts

Talk to our SR&ED experts today!

Contact us

Talk to our SR&ED experts today!

Contact us