Entrepreneurs, Startups & Established Businesses
Are you an established business seeking advice to grow, merge, acquire, transition or innovate? Are you an entrepreneur dreaming of starting your own business? Well the folks at FirstQuintile have done this successfully, many times in the past 30 years. We can help you with all aspects of your dream: company registration, legal, accounting setup, patents and intellectual property protection, SRED, business & engineering consulting, manufacturing – locally and internationally, marketing and of course online sales.
Steps we can help with:
Planning: Choosing a business structure, market research, writing a business plan, selecting your business name, registering and protecting your business name.
General Consulting: We can advise you, based on many years of experience, successes and failures, all good advice to help guide your new or existing business.
Registering: We can help you obtain lawyers, accountants and patent firms to represent your interests. Registration of tax numbers and government accounts, permits, licenses.
Technical Support and Financing: Our network of independent though tier 1 firms is available to meet all of your needs.
Research & Development: Not only can we help prepare your SRED claim, but we can also perform SRED or manage your R&D project on your behalf. Reach out to us today to lean more!
Manufacturing: We have the experts to help you develop your proof of concept, find appropriate contractors or employees, prototype, 3D print or manufacture in Asia.
Marketing & Sales: We can assist with your marketing plan, sales prospecting and exhibitions.
FirstQuintile is your private development agency. We do not advertise our name on your site. We ensure all the focus remains on your business, not ours!
Scientific Research and Experimental Development
The Scientific Research and Experimental Development (SRED) Program uses tax incentives to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada.
According to the Government of Canada1:
SRED is undertaken for the advancement of scientific knowledge, or for the purpose of achieving technological advancement aimed at creating new, or improving existing, materials, devices, products, or processes including incremental improvements. The systematic investigation or search carried out in a field of science or technology by means of experiment or analysis must be seeking scientific or technological advancement for it to be SR&ED. Work for the advancement of scientific knowledge or for the purpose of technological advancement implies an attempt to resolve what is called scientific uncertainty or technological uncertainty. Basically, the advancement is the targeted outcome of the SR&ED work while the uncertainty is the impetus for the SR&ED work. Therefore, an attempt to achieve advancement is an attempt to resolve uncertainty. Depending on the purpose of the work, SRED can involve: basic research, applied research, or experimental development.
More importantly, SRED does not include: market research or sales promotion, quality control or routine testing of materials, devices, products or processes, research in the social sciences or the humanities, prospecting, exploring or drilling for, or producing, minerals, petroleum or natural gas, the commercial production of a new or improved material, device or product or the commercial use of a new or improved process, style changes or routine data collection.
1- Eligibility of Work for SR&ED