Doing Business with the Coastal Zones Research Institute

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Opportunities for cooperation arise when the same objectives are being pursued, or when the Coastal Zones Research Institute’s scientific and technical expertise meshes with a company’s specific needs. Projects carried out in concert with industry contribute to transferring skills and know-how as well as opening doors to new basic knowledge.

To maximize your knowledge and innovate better;

To take advantage of additional human resources providing for accelerated research and development (several simultaneous projects possible);

To access leading-edge scientific and technical expertise and benefit from a broad network of knowledge and contacts;

To rent modern office and laboratory space;

To share and reduce risks and the costs of research and development;

Because the results of our practical research and development activities can be applied by our clients;

Because every solution we propose takes into account the reality of your business and your budget;

Because we can point you to federal and provincial funding programs to meet your needs;

Because our clients benefit from tax advantages (income tax credits) intended to encourage companies of all sizes and from all sectors to conduct research and development.

It should be noted that CZRI research and development activities are framed by a variety of agreements (partnership, service, transfer of biological material, etc.). These agreements depend on the nature of the activities conducted and the respective responsibilities of the CZRI and others involved, and include intellectual property and confidentiality clauses. On that front, all CZRI staff members have signed non-disclosure agreements with regard to confidentiality, conflict of interest, and non-competition.

The National Research Council of Canada’s (NRCC) Industrial Research Assistance Program (IRAP) helps small- and medium-sized Canadian businesses to develop their research and innovation capacity. As a member of the IRAP network, CZRI can offer SMEs customized assistance and technical services in order to help them to meet the technological challenges encountered in developing new projects, processes or services. Contact us right away to learn more about the Industrial Research Assistance Program and possible partnerships.

The federal government and the Government of New Brunswick have put tax incentive programs in place to encourage Canadian and New Brunswick companies of all sizes and from all sectors to conduct research and development. The projects you undertake with us may be eligible for investment tax credits for scientific research and experimental development.

Federal Government (Canada Revenue Agency) – Scientific Research and Experimental Development Tax Incentive Program

Applicants may obtain investment income tax credits under the federal Scientific Research and Experimental Development (SR & ED) Program for expenditures such as wages, materials, machinery, equipment, some overhead, and SR&ED. Generally, a Canadian company can obtain an investment tax credit of up to 35% of qualified expenditures for SR&ED carried out in Canada. For more information, visit the Canada Revenue Agency Web site: http://www.cra-arc.gc.ca/taxcredit/sred/menu-e.html.

Government of New Brunswick (Business New Brunswick) – Provincial R&D tax credits

The provincial research and development tax credit is 15%. This credit is completely refundable, which means that a company benefits even when it has no taxes owing. The amount of the refund will be equal to the amount of the credit in excess of taxes owing under the New Brunswick Income Tax Act. Eligible current and capital expenditures for R&D activities include salaries and wages, materials, equipment, some overhead costs and other expenses incurred as a result of R&D projects. For more details, please consult the Government of New Brunswick Web site: http://www.gnb.ca/0398/investment/incentives/index-e.asp.