Canadian startups fail to claim SR&ED tax credits because bookkeeping lacks contemporaneous tracking and proper allocation of R&D expenditures.

Existing accounting tools do not support real-time tagging of R&D vs non-R&D labor, expenses, and cloud infrastructure, forcing year-end estimates that are costly and less accurate.

Severity

4High

Willingness to Pay

implied

Added

Jun 30, 2026

Implied Software Gaps

Real-time R&D expense tagging in accounting systems
Contemporaneous documentation for SR&ED claims
Automatic allocation of labor between eligible and non-eligible activities

App Concept

R&D Tax Shield

R&D Tax Shield integrates with payroll and accounting systems to automatically tag eligible SR&ED expenditures in real-time. It generates audit-ready T661 reports, optimizes between proxy and traditional methods, and ensures contemporaneous documentation.

Key Features

Auto-tag R&D labor by project with payroll integration
Separate expense buckets for qualifying vs non-qualifying cloud infra
Real-time dashboard of SR&ED eligible spend vs cap thresholds
Direct export of T661 claim data with supporting documentation

Target Users: Canadian startup founders and their accountants in early-stage tech companies

Revenue Model: $99/mo per company subscription for up to 10 employees; $199/mo for unlimited

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