UK Research & Innovation (UKRI) has announced funding for their Transforming Foundation Industries (TFI) challenge. They have announced an £8 million funding pot for waste and recycling projects and an additional £7 million for plastics innovations. Some of the winning projects include: Development of a composite feedstock for electric arc furnaces Recovering cotton fibre from [...]
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 [...]
Daniel McGregor2022-08-11I have been using Swanson Reed for my clients for more than a decade. Having a specialist firm that can provide practical and commercial advice that produces real outcomes is very important and we have received great feedback from our clients. Highly recommended.
Anatole Kononewsky2022-06-02The Swanson Reed team have provided our company with exceptional professional advice and assistance for all of our R&D claims for many years - have always achieved great results with excellent value for their services.
Melissa Doddy2022-05-31The Team at Swanson Reed are very experienced R&D Tax Advisors and gave us ongoing support with all of our R&D Claims, the consultants ensured we were always working with current legislative guidelines, gave us assistance with compiling technical and government documentation and went out their way to ensure they were with us for the entire process from beginning to end. Highly recommended to anyone who needs assistance with working through what can at times be a daunting process.
Alana Owers2022-05-30We have been dealing with Damian and Swanson Reed for several years in relation to processing our R&D claims. Always find them easy to deal with and helpful with all concerns and queries we have. We would highly recommend Swanson Reed for your R&D help.
Mexx Engineering2022-05-27We are a client of Swanson Reed since 2010. Damian and his team are very professional and extremely organised. At all times, our R&D applications were handled with care. They have reviewed each application extensively and made sure that we are supported every step of the way. We highly recommended their services.
Sarah Heath2022-05-27Damian and the team at Swanson Reed have been one of the most efficient professional organisations I have dealt with - their response time is commendable. Their specialist knowledge of R&D is extremely extensive but yet practical and importantly, they are approachable and considerate to the client's needs.
David Reisner2022-05-26We engaged with Damian and Angel at Swanson Reed on the recommendation of a related party. For the past four years they have helped my company navigate the process of research and development incentives offered by the Federal Government. This has been the single most important relationship we have had in financially supporting our journey as a start up. I can't recommend this organisation highly enough.
Sarah Hay2022-05-26Damian, Angel and the team have held our hand through the application of numerous R&D claims. They have consistently guided us through the collation of required information, ensuring compliance and simplifying the daunting task. Swanson Reed’s involvement has been vital to our successful applications!
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