The SR&ED Program

Is a federal tax incentive program, administered by the Canada Revenue Agency (CRA), that encourages Canadian businesses of all sizes, and in all sectors to conduct research and development (R&D) in Canada. It is the largest single source of federal government support for industrial R&D.
The SR&ED program gives claimants cash refunds and/or tax credits for their expenditures on eligible R&D work done in Canada.


J. Richard Green, P.Eng., BASc., MASc.

President and Founder of Neptune Dynamics, Richard Green holds BASc Mechanical Engineering (1966); MASc Mechanical Engineering, (1970) and he has been registered as a professional Engineer since 1968. Mr. Green has extensive experience over the last 38 years in a wide variety of mechanical engineering projects. He holds several patents, the first in 1975 and the most recent issued in 1998. Mr. Green has been successfully preparing SR&ED technical reports since 1986. His education, extensive industry experience and SR&ED knowledge covers most areas of mechanical engineering and machine design with special emphasis on the integration of microcomputer technology and machinery.