Non-Dilutive Capital, Back in Your Hands.
Secure $500k+ in non-dilutive government funding. Without the risk.
What is it: SR&ED (Scientific Research and Experimental Development) is Canada's largest R&D funding program, administered by the CRA.
Eligible companies can recover up to ~64% of their R&D costs each year
What we do:
We support founders and tech companies with SR&ED, helping them de-risk and secure their capital pathway.
The reality: Most companies capture 40-60% of eligible refunds. We help close that gap. Here's what we typically find:
“We didn’t even know we qualified”
Many tech founders miss SR&ED because they didn’t realize they were eligible. By the time they find out, years of R&D spend is gone, leaving $100k+ in unclaimed refunds
“We spend months gathering data”
You are engineers, leaders, and innovators. Pulling time logs, linking work to code changes, building narratives are all painful and slow processes where even the smallest errors can trigger audits and cost you thousands.
“We aren’t confident in our claims”
DIY filing and many consultants treat SR&ED as a one time submission: gather docs, file the claim, done. They're not thinking strategically about what qualifies, how to maximize your refund, or whether the claim will hold up under CRA review. You leave money on the table and increase audit risk.
“We don’t spend enough to make it worthwhile”
Many founders claim the direct engineering salaries but miss related supporting work, like contractors, overhead, project managers, and failed prototypes. They leave 20-30% of eligible refunds on the table without even realizing it.
THE RESULT
You’re leaving $50-$500k on the table, or at risk of audit.
That’s non-dilutive capital that could fuel the next hire, next year’s R&D project, or runway. Your money already spent, going under-utilized.
How we solve it
Three pillars. All focused on one thing: making sure you keep every dollar you're entitled to.
Audit-ready documentation & compliance
We handle all the heavy lifting. Your engineering team stays focused on shipping. We build the CRA-defensible narrative from day one. That means no guessing, no shortcuts.
We handle
Time tracking & work integration with your tools
Technical narrative linking code to innovation
Compliance checklist
Expert eligibility assessment
You get
Detailed breakdown of eligible work across your team
Estimated claim value (sometimes 2–3x what you thought)
A roadmap of what to document going forward
Defensible from day one
We don't wait for CRA to knock. Every claim we build is defensible from the moment we submit it. Our strategy: proactive compliance over reactive scrambling.
We provide
CRA-defensible documentation (built before submission)
Audit representation if CRA follows up
Multi-year strategy to protect future claims
$25M+
In refunds for our clients
$50K – $500K+
Typical claim range
Avg < 5 Hrs of your time
From start to submission
Let's See What You Qualify For
Schedule a call where we'll walk you through eligibility, review your existing claims, and provide some high-value recommendations, without having to sign a contract.
Why We Do What We Do
As the founder and principal advisor at Spritz Capital, I manage SR&ED strategy for Canadian innovators. I have more than 10 years of experience across research, engineering, and consulting.
My background covers both sides of a claim. I understand the technology well enough to identify what qualifies, and I know how the CRA evaluates eligibility, expenditures, and supporting evidence.
Most founders don't get both from one provider. They end up translating between engineering and tax language, re-explaining their technology every year, and hoping the claim holds up under review. That costs time and money.
I started Spritz so you wouldn't have to do that. You work with a principal advisor directly: the same person from day one, who speaks both engineering and CRA language. It's a long-term partnership, so each year's claim builds on the last. That means your claim gets maximized and actually holds up.
-Mark
Mark Derksen | Director & Principal Consultant
In The Community
Questions about SR&ED?
Send us a quick note and we’ll get back within one business day.