Agriculture, Mining, & Farming

According to the U.S. Bureau of Labor Statistics, the Agriculture, Mining, and Farming sectors of employment have grown over the past decade.  What's more, thanks to our Nation's reliance on these sectors for food, energy, and raw materials for our gadgets, they are projected to continue that growth in the years to come.  With this growth in personnel and the need for innovation to stay competitive, businesses both large and small are able to take advantage of the R&D Tax Credit.  


Some examples of qualified activities include:


  • Experimentation with New Methodology to Improve Yields;
  • Development of Pest, Disease, and Climate Resistant Strains;
  • Implementation of Lighting and Irrigation Systems;
  • Genetic Research & Modification; and
  • Design and Development of New Equipment or Processes.

Industry Case Studies

Agricultural Cooperative

Revenue: $175mm


Credit: $72k


Qualifying Activities: Designing New Irrigation Systems, Genetic Experimentation for Disease & Climate Resistance


Qualifying Personnel: Agronomists, Lab Personnel, Engineers

Mining Equipment Company

Revenue: $100mm


Credit: $100k


Qualifying Activities: Engineering, Design, and Development of New Products, Prototyping and Testing 


Qualifying Personnel: Engineers, Fabricators, Draftsmen, Quality Personnel

Poultry Farm

Revenue: $40mm


Credit: $40k


Qualifying Activities: Feed Formulation Development and Trials, Automation Design and Testing, Lab Method Development


Qualifying Personnel: Operations Mgr., Lab Mgr., Lab Techs, Maintenance Mgrs.