About Maxim Innovation

Located in Markham, Ontario, Maxim Innovation is dedicated to providing the highest quality SR&ED consulting services to our clients. Our experts have over 25 years of collective industry experience in managing financial tax services, strategic development, project management, and SR&ED project submissions.

Since 2006, we have assisted a wide variety of industries such as manufacturing, food processors, I.T., construction/building materials, and more. It is our strong technical ability matched with the financial skills needed that ensure that claims for the SR&ED (R&D), and other government grants and incentive programs are processed with quality, consistency, and great success

Helping Your Business Get The Money It Deserves!

Our Mission

Our mission is to build long-lasting relationships with our clients to help them receive the money they deserve. We guide businesses through the claims process and create a plan for maximum refunds for SR&ED and other grants and government incentive programs.

Our Vision

We envision creating a mutually beneficial partnership with diverse businesses striving to deliver the most innovative materials, devices, products, processes, and services.

Our Leadership

Spence Walker, CPA, CA

Chief Executive Officer

Spence Walker founded Maxim Innovation in 2006 and is the current CEO. He leads the firm’s strategic development which includes managing the financial and tax services. In addition to his role as CEO of Maxim, Spence has been an active partner since 2004 at Kreston GTA LLP, a full-service assurance, tax, and advisory firm. Spence is an expert in Scientific Research and Experimental Development (SR&ED) tax credits in Canada. Previously, Spence worked for a mid-sized accounting firm where he gained experience with U.S. and Canadian public sector clients‒ a niche he continues to do a significant amount of work in. Spence earned his BComm in 2001 from Ryerson University, his CA designation in 2003, and his CPA designation in 2004

Sarmen Khatcherian, C.E.T.

Chief Operating Officer

Sarmen Khatcherian joined Maxim as an SR&ED project manager in 2010 and within two years, rose to the position of Innovation Consultant. After thousands of successful SR&ED project submissions and a track record of successful claims, Sarmen was promoted to Chief Operating Officer in January of 2015. In addition, Sarmen brings over 10 years of industry experience, specializing in project management, mechanical engineering technology, and SR&ED claim submissions for a multitude of industry sectors. Sarmen plays an integral role in the preparation, submission, and defense of SR&ED claims and continues to evolve Maxim’s proven SR&ED claim methodology. Sarmen earned his advanced diploma in Mechanical Engineering Technology (Automotive Manufacturing) in 2009 and earned his C.E.T. professional designation in 2013.

Does My Project Qualify?

Our quick eligibility quiz will assess whether your business’s project meets the qualifications for the SR&ED program.

Are you eligible for government funding?

Find out with our eligibility quiz!

Take the Eligibility Quiz

Select your type of entity. *
Does your company innovate it’s products and processes? *
In the last two years, did your employees or contractors experience any failures or roadblocks when innovating your materials, devices, products and/or processes? *
What is your knowledge level of SR & ED? *