Unlocking Capital for Software & AI.
Accelerate software and AI development with funding options like SR&ED and IRAP, plus clearer planning for evidence and timelines.
Canadian software and AI companies are uniquely positioned to capture significant non-dilutive capital. The SR&ED program alone offers up to 64% recovery on eligible R&D expenditures for CCPCs, while IRAP provides direct advisory and project funding for technology innovation. Companies building AI-driven products encounter high-density technical uncertainty — the exact qualifier the CRA looks for.
Primary Programs
SR&ED + IRAP
Median Recovery
$420,000 per SME
Key Parameters
Matching Funding Programs
Programs commonly accessed by Software & AI companies in Canada.
Typical Eligible Expenses
Common cost categories that qualify for funding in the Software & AI sector.
Salaries of developers working on technical uncertainty
Cloud infrastructure costs for R&D environments
Third-party contractor fees for experimental development
Materials consumed during prototype testing
Overhead proxy allocation (65% of labor)
Check Your Eligibility
Run a free assessment to see which of these programs match your Software & AI company profile. Takes under 2 minutes.
Start Free ScanSoftware & AI Funding FAQ
Does using AI tools like Copilot disqualify my SR&ED claim?
No. AI-assisted development is eligible when the work involves genuine technical uncertainty. Using AI to generate boilerplate code is routine engineering, but integrating LLMs into production systems with deterministic accuracy requirements qualifies as systematic investigation.
Can I claim SR&ED retroactively?
Yes. SR&ED claims can be filed up to 18 months after your fiscal year end. You can claim work already completed as long as you can reconstruct the technical narrative and evidence.
What's the difference between SR&ED and IRAP?
SR&ED is a tax credit (refundable for CCPCs) that reimburses past R&D spend. IRAP provides upfront non-repayable contributions plus technical advisory services for innovation projects.