Stratos recently assisted a client with their successful SR&ED claim. This client is a software development firm that specialized in developing custom software solutions for clients. They had been in business for 4 years and had conducted numerous software development projects throughout that time.
The client had developed a new software solution to automate some of the more complex tasks related to software development. The software was designed to reduce the amount of manual coding and debugging required in order to produce a high-quality product.
Stratos was able to assist the client in identifying and documenting the SR&ED activities conducted in the development of the software. This included identifying the scientific and technological advancement that the client had achieved through their project, as well as activities such as design, development, testing, and implementation.
Stratos also provided guidance on the type of documentation that was required to support the claim, and assisted in ensuring that all of the required information was included in the application. The client was successful in their SR&ED claim, resulting in a substantial refund from the government. This refund was used to fund additional software development projects, which enabled the client to expand their business.
The client was extremely pleased with the results achieved through Stratos’s assistance, and were able to benefit from the SR&ED program as a result.