Software Development & IT industries have witnessed a seismic shift in the recent past.
Artificial Intelligence, Machine Learning & Deep learning are influencing and re-shaping every industry, be it financial services, healthcare, gaming, retail & digital commerce, self-driving cars, smart cities or job automation. The advancements and applications of Virtual reality & Augmented reality have opened many frontiers of innovation.
The demand for high-performance cloud computing & mobile computing is increasing rapidly. The pace of research & development for a variety of applications and disruptive technologies are astonishing.
While this puts more pressure on businesses to iterate and innovate, the Canadian Government has taken several steps to fund & incentivize this innovation to position Canada as a Global leader in research & innovation.
At EVAMAX, we specialize in assisting our clients (in all the above-mentioned businesses) access these opportunities for Tax Incentives, Grants & Funds. For e.g., SR&ED Incentives (Scientific Research & Experimental Development) program offers up to 68% tax credits on eligible R&D costs.