Ontario Business Research Institute Tax Credit
Government of Ontario, Ministry of Finance
Overview
Claim a 20% refundable tax credit for qualified expenditures on scientific research and experimental development work performed in Ontario under contract with eligible research institutes.
At a glance
| Categories | tax credit |
|---|---|
| Funding | $4,000,000 |
| Status | Accepting applications |
| Region | ON |
| Sectors | research |
Eligibility and requirements
Money Qualified expenditures are capped at $20 million annually The maximum annual tax credit is $4 million You Carry on business in the tax year through a permanent establishment in Ontario Are not exempt from corporation income tax Entered into an eligible contract with an eligible research institute Are not connected to the eligible research institute
How Mona Studio helps business owners use this program
Ontario Business Research Institute Tax Credit is one of many Canadian funding options listed in our grant finder. Mona Studio helps research teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.
Similar funding opportunities
- Ontario Innovation Tax Credit — Government of Ontario, Ministry of Finance
- Ontario Research and Development Tax Credit — Government of Ontario, Ministry of Finance
- Co-operative Education Tax Credit — Government of Ontario, Ministry of Finance
- Employer Health Tax relief — Government of Ontario, Ministry of Finance
- Ontario Book Publishing Tax Credit — Government of Ontario, Ontario Creates