Financial Support Cashed BY and FOR SAFEC
After completing all the steps necessary including respecting all contractual obligations and conditions associated with the various financial support programs and the managing organization, we received financial assistance from the following government organizations:
| Organization | Amount | Type of assistance | Description |
|---|---|---|---|
| BDC | $100,000.00 | Loan | To support market development |
| Canada Revenue | $114,224.40 | SR&ED Tax Credit - Years 2007 and 2008 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| Revenu Québec | $58,947.37 | SR&ED Tax Credit - Years 2007 and 2008 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| MDEIE | $330,667.77 | Interest-free loan. Capital refund starting 5 years after the last disbursement date | To develop innovative products - Financing 23% of disbursed costs of manpower, sub-contracting, translation, IP protection and equipment leasing related to the project |
| MDEIE | $50,000.00 | Subsidy | To hire a reasearch and innovation specialist - Subsidy of $25,000 for 2 years |
| NRC-IRAP | $15,000.00 | Subsidy | To hire a new graduate to realize an innovative project |
| NRC-IRAP | $30,000.00 | Subsidy | To hire a new graduate to realize an innovative project |
| Emploi-Québec | $7,500.00 | Subsidy | To hire a consultant to provide management support in "Coaching mode" |
| Emploi-Québec | $7,500.00 | Subsidy | To hire a consultant to provide management support in "Coaching mode" |
| Emploi-Québec | $8,039.70 | Subsidy | Employment subsidy |
| Emploi-Québec | $9,497.60 | Subsidy | Employment subsidy |
| Emploi-Québec | $12,010.00 | Subsidy | Employment and specialized training subsidy |
| Canada Revenue | $129,737.00 | SR&ED Tax Credit - Year 2009 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| Revenu Québec | $104,063.00 | SR&ED Tax Credit - Year 2009 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| NRC-IRAP | $21,000.00 | Subsidy | To hire a new graduate to realize an innovative project |
| Canada Revenue | $123,364.00 | SR&ED Tax Credit - Year 2010 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| Revenu Québec | $81,452.00 | SR&ED Tax Credit - Year 2010 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| Emploi-Québec | $6,000.00 | Subsidy | To hire a consultant to provide management support in "Coaching mode" |
| Emploi-Québec | $6,656.00 | Subsidy | To hire a consultant to provide management support in "Coaching mode" |
| Emploi-Québec | $6,240.00 | Subsidy | To hire a consultant to provide management support in "Coaching mode" |
| Canada Revenue | $84,064.00 | SR&ED Tax Credit - Year 2011 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| Revenu Québec | $78,400.00 | SR&ED Tax Credit - Year 2011 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| Emploi-Québec | $6,720.00 | Subsidy | Employment subsidy |
| Emploi-Québec | $7,070.00 | Subsidy | Employment subsidy |
| Emploi-Québec | $6,397,30 | Subsidy | Employment subsidy |
| Emploi-Québec | $4,360.00 | Subsidy | Employment subsidy |
| Revenu Canada | $94 331.00 | SR&ED Tax Credit - Year 2012 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| Revenu Québec | $73 490.00 | SR&ED Tax Credit - Year 2012 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| MDEIE | $80 000.00 | Subsidy | To develop innovative products and support commercialisation |
| Emploi-Québec | $5 712,00 | Subsidy | Employment subsidy |
| Investissement Québec | $124 000,00 | Financing SR&ED Tax Credit - Year 2013 | Financing secured by the tax refund on the portion of costs disbursed for our SR&ED activities in 2013. |
| Revenu Canada | $90 990,00 | SR&ED Tax Credit - Year 2013 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| Revenu Québec | $71 922,00 | SR&ED Tax Credit - Year 2013 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| Emploi-Québec | $4 802,00 | Subsidy | Employment subsidy |
| Emploi-Québec | $12 424,00 | Subsidy | Employment subsidy |
| Emploi-Québec | $14 360,71 | Subsidy | Employment subsidy |
| Revenu Canada | $93 391,00 | SR&ED Tax Credit - Year 2014 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| Revenu Québec | $57 570,30 | SR&ED Tax Credit - Year 2014 | Tax credit to refund a portion of costs disbursed for our SR&ED activities |
| Total cashed | $2 081 903,15 |
