NRC-IRAP
National Research Council Canada’s Industrial Research Assistance Program (IRAP) helps small and medium-sized firms in the Yukon build their capability in technology and innovation. IRAP’s industrial technology advisors work with businesses and offer direct technical assistance, access to the latest technological advances, expertise, facilities, and resources, as well as cost-shared financing of innovative technical projects.
SR&ED
Canada Revenue Agency’s Scientific Research and Experimental Development (SR&ED) Program provides federal tax incentives designed to encourage scientific and technological innovation by Canadian businesses. The SR&ED program gives claimants cash refunds and/or tax credits of up to 35% for their expenditures on eligible R&D work done in Canada.
Yukon R&D Tax Credit
Yukon provides a comparable R&D tax credit. This refundable corporate and personal income tax credit of 15% or 20% is administered by Yukon Department of Finance and Canada Revenue Agency. Scientific research can take the form of basic or applied research or experimental development. Read more about SR&ED and Yukon’s R&D tax credit at YTIC.
Yukon Government Business & Trade
Yukon Economic Development’s Business & Trade Branch offers a wide range of business start-up and development services to businesses of all sizes. Their programs include the Enterprise Trade Fund, Business Incentive Program, Yukon Business Nominee Program and Yukon Small Business Investment Tax Credit.
Yukon Government Strategic Industries
Yukon Economic Development’s Strategic Industries Branch helps identify and assist the development of industries and strategic projects in the Yukon with the potential for broad-based economic benefits for Yukon. The Strategic Industries Development Fund (SIDF) supports eligible strategic projects or activities in the preliminary, development and implementation stages.