National R&D Inc.

What National R&D Inc. does

National R&D Inc. is a privately held Canadian consulting firm specializing in Scientific Research & Experimental Development (SR&ED) tax credit claim preparation, audit defense, accounting, and government funding program advisory. Founded in 2011 and headquartered in Cambridge, Ontario, the firm serves R&D-conducting companies across Canada — primarily new and emerging businesses, manufacturers, and IT/technology firms — via three regional offices in Cambridge (ON), Calgary (AB), and Montreal (QC). Under the National Group of Companies umbrella, the firm also operates the National Entrepreneurs incubator, a co-working and maker-space facility in Cambridge that bundles workspace access with accounting, tax, and SR&ED services for startups and small businesses.

The firm's core delivery is a service methodology rather than a software product. It combines proprietary technical, financial, and tax-preparation frameworks for documenting R&D projects to Canada Revenue Agency standards, supplemented by specialized tools including an automated materials tracking system for mid-to-large claimants, an Initial Evaluation Tool for prospect qualification, Advanced Process Improvements for client tracking systems used in audit defense, and Supply Chain Agreements that allow the firm to perform R&D and claim ITCs on a client's behalf. Sub-products include amendment services for underclaimed prior years and identification of adjacent programs (Digital Media Credits, IRAP, TPC). The firm holds Controlled Goods Certification and has engaged with the Federal Court of Appeal on SR&ED program interpretation, but maintains no disclosed mobile app, API, or software platform.

National R&D generates revenue primarily through contingency fees structured as a percentage of the Investment Tax Credits ultimately awarded by the CRA, an arrangement that shares risk with clients and eliminates upfront fees. Secondary streams include hourly-rate accounting and tax-preparation services ($250–$600/hour for SR&ED; $250–$500/hour for accounting), recurring monthly memberships for the National Entrepreneurs program ($99 Basic and $199 Professional tiers), and a 20% contingency fee on GST/HST housing rebates. SR&ED pricing is positioned as granular (offering 10%–34% savings versus competitors who price in 5% increments), with an additional 2% Net 10 prompt-payment discount and no administration fees. Go-to-market is anchored on an inside sales team focused on SR&ED, direct client engagement across the three regional offices, and the National Entrepreneurs incubator as a community-led acquisition channel.

Name

National R&D Inc.

Legal name

National R&D Inc.

Website

https://nationalrdinc.ca

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

National R&D Inc. is a private Canadian consulting firm that prepares SR&ED tax credit claims, provides accounting and government funding advisory, and operates the National Entrepreneurs incubator, serving R&D-active companies across Ontario, Alberta, and Quebec.

Ownership category

akta.pro rank

Product category

R&D Tax Consulting Services

NAICS

Tax Preparation Services (541213), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Offices of Certified Public Accountants (541211)

akta.pro primary industry

Tax Return Filing, Processing & Assessment (BPAIADAC)

akta.pro secondary industry

Transfer Pricing & International Tax Services (BPAHABAI)

Keywords

• R&D tax consulting
• SR&ED tax credits
• Accounting services
• Tax credit advisory
• Business incubator

Headquarters

HQ city

Cambridge Bay

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. SR&ED Claim Preparation - Contingency Fees: National R&D structures its primary fees as a percentage of the final Investment Tax Credits (ITCs) awarded by the Canada Revenue Agency (CRA). This contingency pricing model shares risk with clients: fees are only earned upon successful award of ITCs. National R&D's pricing is structured more granularly than competitors (who typically charge in 5% increments such as 30%, 25%, 20%), allowing for potential savings of 10% to 34% over competitor fees.
2. Accounting and Tax Preparation Services: Professional hourly-rate services for financial statement preparation, corporate and personal tax returns (T2, T1, T661), bookkeeping, and related accounting support. Rates vary by seniority level from $250 to $600 per hour for R&D Tax services and $250 to $500 for Accounting services.
3. National Entrepreneurs Membership Program: Monthly subscription memberships (Basic at $99/month, Professional at $199/month) providing access to co-working space, administrative resources, discounted services (accounting, bookkeeping, tax, SR&ED), and other business support services. Work space leasing is available separately at quoted rates.
4. GST/HST Housing Rebate Services: Accounting and submission services for GST/HST new housing rebates, charged at a 20% fee on credits approved by the Provincial and Federal Governments.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

National R&D Inc. prepares SR&ED (Scientific Research & Experimental Development) and US R&D tax credit claims end-to-end, including technical write-ups, financial documentation, tax preparation, and CRA audit defense. The firm also delivers corporate and personal accounting, tax return preparation (T2, T1, T661), and advisory on additional government funding programs (IRAP, FedDev, Trillium, Digital Media credits), supported by a startup incubator (National Entrepreneurs) that provides co-working space and bundled services.

Product overview

National R&D Inc. is an integrated consulting services firm offering R&D tax credit claim preparation and accounting services. The core offering is Canadian & US R&D Tax Services (SR&ED claim preparation) which includes sub-products such as Full Service Package, Amendments to Previous Claims, Advanced Process Improvements, Initial Evaluation Tool, Automated Materials Tracking, Supply Chain Agreements, and Additional Government Programs. The company also provides Accounting Services including Compilation Services, Tax Services, and Accounting Software Advisory. Additionally, the National Entrepreneurs sub-brand offers a business incubator/maker space program with co-working and office spaces. A separate Funding Programs Advisory service helps clients access various government funding programs.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Net Income increase from ~$600K to ~$820K on a $1,000K EBIT project through SR&ED eligibility (~$220K additional cash flow)
• +4 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Ryan LLC: Large North American specialty tax services firm with a strong R&D tax credit practice, sharing the same contingency-fee, high-volume claim preparation business model as National R&D.
• Boast Group: Canadian-headquartered R&D tax credit and funding software/services firm targeting similar startup and SMB clients, with a tech-enabled platform approach that contrasts with National R&D's consulting-led model.
• RSM Canada: Mid-market-focused audit, tax, and consulting firm with an R&D tax credits service line, directly comparable in target customer (growth-stage Canadian companies) and service bundling.
• BDO Canada: National Canadian accounting and tax advisory firm with a multi-disciplinary R&D tax incentives practice serving SMEs and mid-market companies, competing for the same SR&ED claim preparation engagements.
• MNP LLP: One of Canada's largest mid-market accounting and business advisory firms with a dedicated SR&ED tax credit practice serving startups, manufacturers, and IT companies — the closest direct competitor to National R&D's core service line.

Broad incumbents

• EY (Ernst & Young) Canada: Big Four firm with a global R&D tax credit practice; provides overlapping SR&ED and US R&D services to enterprise and mid-market clients that National R&D also targets.
• KPMG Canada: Big Four firm with a broad R&D tax incentives practice and enterprise-grade resources; competes with National R&D for larger SR&ED engagements while also serving a much wider portfolio of professional services.
• PwC Canada: Big Four firm offering R&D and innovation tax incentives alongside broader assurance and advisory services, with overlapping coverage of National R&D's manufacturing and IT client segments.
• Deloitte Canada: Big Four firm offering R&D tax credit services as part of a much larger tax and consulting practice, with both overlap and head-to-head competition in the SR&ED space.

Emerging players

• BRCK: Smaller Canadian SR&ED and R&D tax credit consulting firm, comparable in target market and service scope but at a smaller scale than National R&D.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National R&D Inc.