SR&ED in the Life Sciences and Med Tech sectors
Alberta’s life sciences and medical technology sector is a crucial (and sometimes underestimated) part of the provincial economy. Most companies are aware of Provincial and Federal innovation funding and support systems. When used wisely, these programs (especially SR&ED) can accelerate the R&D timeline to get these important advances to market sooner. However, even if your company is currently claiming SR&ED, there are many ways to strategically optimize your claim to get a higher return.