Get Funded to Build AI: SR&ED Office Hour for Proptech Founders

​Many founders in the Proptech Collective community have successfully claimed SR&ED, and we want to help more of you do the same, especially as AI becomes a bigger part of what you’re building.

​Not every AI project qualifies as R&D. A product that wraps ChatGPT in a new interface likely won’t make the cut, but a team training models on messy property data, or adapting AI to solve real estate problems that general tools can’t, might.

​We’ve invited Employment Hero to share with us on how AI companies approach their claims, then we’ll open it up for questions.

​This is not a webinar.

​We’re keeping the group small, so everyone has time to ask. We’ll start with quick intros to get to know each other and focus the conversation on proptech-specific use cases.

​What is SR&ED?

​SR&ED (Scientific Research and Experimental Development) is a Canadian government tax incentive designed to support organizations undertaking research and development — specifically work that pursues technological advancement or resolves technological uncertainty.

​It’s essentially a return on a percentage of what you’ve already spent on qualifying work. Canadian businesses can be compensated for up to 70% of eligible payroll and 40% of eligible subcontractor and material costs incurred.

​If you’re a startup building or iterating on a product and solving hard technical problems along the way, there’s a good chance you’re eligible.