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Ontario Business Research Institute Tax Credit (OBRITC)
Refundable tax credit for Ontario research contracts
Last Update: April 9, 2026
Funding available
$ 4,000,000
Timeline
- Open continuously
Location
Ontario, Canada
Overview
A 20% refundable tax credit for Ontario SR&ED expenditures under eligible research contracts. Claims are filed with Schedule 568 and Schedule 569 through the T2 corporate income tax return.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Conduct research and development activities
Eligible Funding
- Maximum amount : 4,000,000 $
- Up to 20% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Professional, scientific and technical services
- Educational services
- Health care and social assistance
Location
- Ontario
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Next steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Scientific research and experimental development performed in Ontario under contract
Documents Needed
- Completed Schedule 568
- Completed Schedule 569 for each eligible contract
- T2 corporate income tax return
- Copy of each eligible contract
Eligibility
Who is eligible?
- Ontario universities and colleges
- Hospital research institutes
- Ontario Centres of Excellence and Networks of Centres of Excellence
- Designated non-profit research organizations
Who is not eligible
- Corporations exempt from corporation income tax
- Corporations connected to the eligible research institute
- Specified members of a partnership
Eligible expenses
- Cash payments to an eligible research institute
- Current SR&ED expenditures eligible for the federal investment tax credit
- Research expenses incurred for SR&ED performed in Ontario
Ineligible Costs and Activities
- Payment-in-kind expenses
- Contracts entered into before May 7, 1997
- Expenditures for which the corporation is connected to the research institute
Eligible geographic areas
- Ontario
- Contracts must cover SR&ED performed in Ontario
Processing and Agreement
- The claim is reviewed through Schedule 568 and Schedule 569 filed with the T2 return.
- The CRA administers the credit on behalf of Ontario.
- Only eligible contracts and expenditures are accepted for the claim.
- The credit is calculated and claimed on the corporation income tax return.
Additional information
- The Canada Revenue Agency administers the credit on Ontario’s behalf.
- Small businesses may also claim the Ontario Innovation Tax Credit on qualified expenditures.
- Keep a copy of each eligible contract as supporting evidence.
Documents and links
Contacts
Frequently Asked Questions about the Ontario Business Research Institute Tax Credit (OBRITC) Program
Here are answers to the most common questions about the Ontario Business Research Institute Tax Credit (OBRITC). This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Ontario Business Research Institute Tax Credit (OBRITC)?
A 20% refundable tax credit for Ontario SR&ED expenditures under eligible research contracts. Claims are filed with Schedule 568 and Schedule 569 through the T2 corporate income tax return.
How much funding can be received?
Ontario Business Research Institute Tax Credit (OBRITC) Funds up to 20% of admissible expenses, capped at $4,000,000 per project.
Who is eligible for the Ontario Business Research Institute Tax Credit (OBRITC) program?
To be eligible for the Ontario Business Research Institute Tax Credit (OBRITC) program, you must:
Ontario permanent establishment
Eligible research contract
Not tax-exempt or connected
What expenses are eligible under Ontario Business Research Institute Tax Credit (OBRITC)?
Scientific research and experimental development performed in Ontario under contract
Who can I contact for more information about the Ontario Business Research Institute Tax Credit (OBRITC)?
You can contact Ontario Ministry of Finance (MOF) by email at none or by phone at 1-800-959-5525.
Where is the Ontario Business Research Institute Tax Credit (OBRITC) available?
The Ontario Business Research Institute Tax Credit (OBRITC) program is available the province of Ontario.
Is the Ontario Business Research Institute Tax Credit (OBRITC) a grant, loan, or tax credit?
Ontario Business Research Institute Tax Credit (OBRITC) is a Tax Credits
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