London’s diverse economy requires a funding strategy that is both regional and national in scope. We focus on the programs that provide the highest returns for London’s key sectors – Health-Tech, Advanced Manufacturing, and Agri-Food Processing.
Scientific Research and Experimental Development (SR&ED) Tax Credit
The SR&ED program is the single most valuable source of capital for London’s Biotech, Medical Device, and Advanced Manufacturing firms. We treat the SR&ED tax credit as the financial foundation for your innovation. Our team, which includes top-level business and technical writers with experience in R&D claims, ensures you maximize the reimbursement (up to 35% on qualified expenditures) for the research, design, and experimental work done on-site in London. This critical, non-dilutive funding directly supports your labour and material costs associated with creating new or improving existing products and processes.
Southwestern Ontario Development Fund (SWODF)
SWODF is the most powerful regional expansion tool available to London businesses. Our expertise lies in positioning your project to align with SWODF’s mandate of economic development and job creation in Southwestern Ontario. We help you access capital for:
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Large-Scale Equipment Purchase: Financing the machinery and automation needed by London’s manufacturers.
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Facility Expansion: Funding for new construction or major retrofits of your plant or lab space.
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Job Creation: Loans or grants (up to 15% of eligible costs) tied to a commitment to hiring new employees in the London area.
We focus on the detailed profitability analysis and technical reporting required to secure this fund and successfully meet the project targets.
Sustainable Canadian Agricultural Partnership (SCAP)
London and the surrounding Middlesex County are home to a massive Food & Beverage Processing cluster. While the Strategic Agri-Food Processing Fund (a previous program) focused on expansion, SCAP supports a broader range of activities. We help processors secure funding for projects focused on modernization, sustainability, and food safety compliance. This includes grants for specialized equipment, technology adoption, and process enhancements that increase processing capacity and drive value-added production within the region.
Mitacs & Academic Partnership Grants
Leveraging the academic powerhouse of Western University and Fanshawe College is essential for innovation in London. We specialize in securing Mitacs Accelerate and related hiring grants that subsidize the cost of bringing graduate students and post-doctoral researchers into your company for R&D projects. These grants are critical for health-tech and advanced manufacturing firms needing specialized expertise without taking on the full salary burden, providing you with high-calibre talent to overcome skills shortages and advance your research agenda.
