“I found that other SRED consultants did not understand the technology intricacies of our products, and left the bulk of the technical work to my staff to complete. SRED Unlimited has shown a strong aptitude for determining where the technical uncertainties are and how they apply to SRED eligibility – without impacting my development team. They accurately assessed the scope and difficulty of our R&D projects with a few meetings – and without requiring that my staff do all the work first.“
The oil & gas and chemical industries are full of innovation. Sometimes SR&ED is only seen as an opportunity for larger companies, but this is not so: mid-size and smaller companies innovate just as frequently. Other times, because development often happens incrementally, companies do not see these developmental steps as proper innovations, and as a result do not file a claim.
Successful claims can be filed by manufacturers of resin, rubber, paint, coating, adhesive, ink, petrochemical, pesticide fertilizer and other agricultural chemicals, soaps and cleaning compounds. They can also be filed by every type of company in the drilling and extraction of oil and gas as well as providers of machinery and operations support.
Don’t let these dollars go unclaimed. Even if you are unsure of how experimental a project is, contact SRED Unlimited for a second opinion.