How Upgraded Helped Tekside Secure $136,548 in SR&ED Credits & $18,000 in Tech Savings

Tekside, a development firm specializing in custom software solutions and technical consulting, wanted to expand their offerings while managing expenses. With 18 employees, they needed to maximize government incentives for software innovation, reduce overhead, and maintain a lean financial profile to redirect resources to R&D.

Upgraded executed a thorough three-part approach:

Eligibility Assessment — Identified core R&D components in client projects and proprietary tools, mapping qualifying activities including algorithm optimizations and emerging technology experimentation.

Documentation & Compliance — Created technical narratives capturing the nature of innovation while aligning R&D expenses with finance best practices and audit trails.

Application Support — Collaborated on the full SR&ED submission, managing government communications and clarifications throughout.

Tech Savings — Uncovered $18,000 in annual savings through software licensing consolidation, cloud infrastructure optimization aligned with usage patterns, and development toolstack streamlining.

Tekside secured $136,548 in SR&ED credits, enabling them to scale innovation without overextending their budget, enhance product offerings, and improve time-to-market.

Combined with $18,000 in annual tech savings, Tekside gained the financial footing to recruit top talent, expand into new markets, and maintain the agility that makes them competitive.