Lunch & Learn: Innovation Funding & Research and Development Tax Credits

We partnered with one of our Community Supporters and R&D Tax Credits experts Claim Capital for our first Lunch & Learn of 2022. Read on to read more about the engaging session on Innovation Funding and Research and Development Tax Credits.

Claim Capital provides a personalised, end-to-end R&D Tax Credit and Grant Writing services for hundreds of innovative UK companies, startups and SMEs, with over 20 years of combined technical experience.

One of their experts and our newest Community Supporter Sophie Scoular joined us online for an informative Lunch & Learn on increasing your startup’s cashflow through R&D Tax Credits and Grant Funding.

Sophie kicked off the webinar explaining R&D Tax Credits; one of the biggest tax relief schemes implemented by the government to encourage innovation within the UK. However, 90% of eligible companies are not claiming.

To remedy this, Claim Capital provide R&D consultancy services, including:

  • Full R&D Report Submission

  • Financial Report

  • Technical Report

  • HMRC Enquiry Services

  • & more

Sophie also gave us a grant funding overview, specifically on the Innovate UK Smart Grant, and explained why startups and SMEs should be applying:

  • It’s free! Non-repayable funds given by a government department or a public or private sector to a recipient

  • Doesn’t dilute equity! Can provide valuable funding for your innovative projects without diluting equity

  • 100% guranteed! One approved, you’ll have sole access to every penny of your grant funds

As well as R&D Tax Credits expertise, Claim Capital also provide grant writing services. They can:

  • Identify the most appropriate grant for your business

  • Ensure you meet the eligibility criteria and identify the information required

  • Work with your business to complete and submit the grant application, ensuring you have the greatest success.

If you’re a startup or SME, there’s a great chance that you’ll be incurring Research & Development expenses, or have plans to do so in the future. If you want to explore methods of funding innovation, or are unhappy with your existing R&D Tax Advisor, Claim Capital are the experts for you!

If you’d like a copy of Sophie’s presentation on R&D Tax Credits and Grant Funding, get in touch here. If you’re a Health Foundry member, you can schedule free consultations with Sophie for R&D Tax Credits and Innovation Funding support, just contact us to book.