The National Research Council of Canada (NRC) and UK Research and Innovation have announced 7 Canadian firms who will pursue collaborative projects with UK partners through the Canada-UK Industrial research and development call for proposal. With the help of advisory services and up to £1.7 million in funding, the collaboration efforts will focus on increasing [...]
A recent report has come out questioning the UKs R&D tax credit scheme. Their premise states that the 20-year-old policy which delivers a £7.3bn research and development tax credit system is failing to deliver significant additional spending by businesses. The R&D tax credits scheme was introduced in 2000, offering government funding to support R&D in [...]
PAC Group have shown impressive innovation and advancement of their company. The hard work pays off as they receive the Queen's Award for Enterprise: Innovation and the Platinum Level Inventor accolade back to back. The Queen’s Award for Enterprise Innovation is a high honour, going to a company who has experienced commercial success as a [...]
The HMRC releases annual R&D tax credit statistics, making it possible to analyze the progress of R&D throughout the years. It’s time to take a look at the 2020 report. This report shows stats and analysis based on the first portion of the 2020 year. Their summary findings showed that as of June 30, 2020: [...]
The UK space sector is in a good place to expand as we recover from the COVID-19 pandemic. Know.space’s recent Size and Health of the UK Space Industry report commissioned by the UK Space Agency shows growth in both jobs and income as well as an increase in R&D investment. The report, which looks at [...]
Seamus McCaffrey, a top agricultural accountant in Northern Ireland is set on raising awareness, urging farmers to apply for the R&D tax credit. He is trying to encourage farmers whose businesses are registered as a company to take advantage of the up to 230% tax credit on money invested in R&D. Many businesses view R&D [...]
COVID-19 has high-lighted the importance of speed and access in vaccine research. With this awakening, the UK will host a summit with the Coalition for Epidemic Preparedness Innovations (CEPI) to raise funds for vaccine research and development. The intent is to speed up vaccine development further and prevent future pandemics. CEPI is hoping to be [...]
In an exciting move by Government Agri-Tech Innovation Centre, CABI, and Fera, researchers who investigate crop production have a new tool to support their work. The National Reference Collection has just been released, offering a place for storage of and access to valuable live isolates of both fungi and bacteria. The Collection uses state-of-the-art cryopreservation [...]
The UK tech sector saw a record investment in the first quarter of the year. A record 465 deals have a combined worth of £4.45 billion. Patsnap scored the second highest deal for female-founded companies, securing £215 million. Patsnap, a leader in Innovation intelligence, intends to use this funding to continue R&D and accelerate product [...]
The UK has a great record of R&D, contributing 25% of the top prescription medicines, and home to many recognized experts in AI and machine learning technology. However, as a whole, the UK invests just 1.7% of GDP on R&D. Leading nations such as South Korea are investing 4.3% and the OECD average is just [...]
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