Hydrogen in Motion Inc.
Hydrogen in Motion Inc. (H2M) is headquartered in Vancouver, British Columbia. This clean tech company proposes hydrogen energy and storage solutions for the clean energy sector with the goal of improving environmental sustainability.
The company’s R&D work has contributed towards Canada’s environmental efforts by developing innovative hydrogen storage technologies that, coupled with a hydrogen fuel cell, produce clean energy. H2M technology, alongside of the expertise and products of other Canadian companies, have a combined hydrogen energy system that can power a wide range of products from vehicles, trains and drones to buildings and mining equipment.
H2M was selected for the free in-person First-time claimant advisory service when filing its first scientific research and experimental development (SR&ED) claim. Since then, the SR&ED tax incentives have had a significant impact on the company’s work. The company is not only thankful for the program’s funding, but also to the SR&ED staff for their hard work and assistance, especially during the pandemic.
The company’s Chief Executive Officer, Grace Quan, had the following comments:
“In the context of COVID-19 shutdowns and general business disruption, the SR&ED tax incentives have become a critical source of funds as other sources were put on hold due to the pandemic and the financial uncertainty of the times. I wish to express my extreme gratitude for the consideration, efforts and support, as well as thanks, to the Canadian government, the SR&ED Program and its staff for their compassionate and empathetic treatment of individuals and businesses. The staff was friendly, professional, prompt and went above and beyond to help a small business like Hydrogen In Motion. They were a pleasure to work with and were extremely effective in problem resolution and facilitating processing of our SR&ED refund to provide much needed cash flow during these difficult times.”
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