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SAIC Calls for Proposals to Grant Funding

By |November 25th, 2021|

The Sustainable Aquaculture Innovation Centre (SAIC) has called for proposals for projects focused on improving Scotland’s aquaculture sector.  The SAIC aims to transform Scottish aquaculture by unlocking sustainable growth through innovation excellence. SAIC will provide as much as 50% of the overall project costs. With this in mind, they are searching for projects which will [...]

FSA and UKRI Fund Citizen Science to Improve Public Food Safety

By |November 25th, 2021|

Citizen science projects are being funded in the UK, with 6 projects set to tackle issues on food safety.  The Food Safety Agency (FSA) and UK Research and innovation (UKRI) have awarded £200,000 to each of the projects which should last between six and nine months. This research will incorporate citizen science, where the public [...]

Datactics Announces £2.3m Investment

By |November 25th, 2021|

Datactics, a Belfast-based fintech company, has recently announced their intentions to invest £2.3 million into their company with support in the amount of £347,601 from Invest Northern Ireland. This investment will be directed towards the creation of 18 jobs, skill development, and primarily R&D activities. Their R&D focuses are on expanding and optimizing their data [...]

Construction Industry Sees Massive Increase in R&D Activity

By |November 25th, 2021|

A report from the Office for National Statistics has shown the successful increase in R&D within the construction industry. In fact, R&D activity in the industry grew by nearly a third in the last year. Office for National Statistics figures showed £586m was spent by UK construction businesses on innovation in 2020 – up from [...]

Wales Doubles UK R&D Spend Increase

By |November 25th, 2021|

Thanks to reports from the Office for National Statistics (ONS), we have seen a massive increase in spending on research and development in the Welsh private sector.  In fact, the stats show this sector has grown at nearly double the rate for the UK as a whole. This massive growth rate still has its share [...]

HMRC R&D Tax Credits Statistics – September 2021

By |November 2nd, 2021|

The HMRC has recently released their latest R&D tax credit statistics. These statistics come from the R&D tax credits claimed for the year ending March 2020. The numbers may increase as time goes on as claims can still be submitted through extensions and amendments.  Despite the hit to the economy as a result of the [...]

2021 Autumn Budget Highlights R&D Tax Relief Changes

By |November 2nd, 2021|

The Autumn Budget and Spending Review 2021 was recently released, providing a look into the budget so far and the expected investments going forward. With regards to investment into the nation’s innovation, the review states: The Autumn budget highlights plans to invest in growth and reawaken innovation by increasing public R&D investment by providing £20 [...]

FES Energy Begins Work on Low Carbon Network

By |October 28th, 2021|

Scotland has made some big moves in their work towards developing a low carbon network. They have just begun building the country’s first ‘fifth generation’ heating network at their manufacturing innovation district in Renfrewshire. The first pipes of the renewable energy network were lowered into position at the Advanced Manufacturing District Scotland (AMIDS) site. Once [...]

Wales Under Claiming R&D Tax Credits

By |October 28th, 2021|

In a new report from the HMRC, it seems Welsh firms are underclaiming R&D tax credits compared to the country’s share of UK companies. Claims for the tax year 19/20 totalled 85,900 while the 2,940 claims from Wales were just 3.4% of the total. Welsh firms make up approximately 5% of the UK total business [...]

Oceanways Technologies Designs Green Submarine

By |October 28th, 2021|

Oceanways Technologies, Ltd., whose mission is to decarbonize shipping by pioneering the market of underwater transport. As part of this mission, Oceanways is building the world’s first zero emission autonomous submarine fleet. This design will not only offer green cargo transportation, it will restore the ocean as it goes.  Mid September, Oceanways was announced as [...]