Mocean Energy, a Scottish wave company, has secured €2.5 million in new equity. This funding, along with €572,000 in grant funding, will be directed towards driving the commercialization of its wave energy technologies. The new funds will help the Edinburgh and Aberdeen-based company commercialize and secure first orders for their wave energy technology, Blue Star, [...]
Unwasted Ltd, creators of Neverwaste™, has selected Deeside as the location for their new global R&D centre. The centre will focus on the development of recycled panel boards. Neverwaste™ is the world’s first high performance panel board made entirely from waste, achieving an economic and scalable platform. The patented material is made from waste cardboard [...]
HMRC has recently released some guidelines to help companies understand what is considered R&D for the R&D tax credit. The Guidelines for Compliance (GfC) are designed to assist companies as they determine if their work qualifies as R&D for tax purposes and to avoid common mistakes. HMRC has been cracking down on R&D tax claims, [...]
Belfast-based Ocula Technologies LTD has announced a new investment of £11 million in research and development of AI technologies. The company has made a few announcements recently showcasing their growth and plans for the future, including plans to increase their workforce from 10 to 50 within its Software Development Centre by 2026. In addition, their [...]
Daye Limited is setting a new standard in period care and gynae health. This new standard comes in the form of a newly launched product - a tampon that offers screening for sexually transmitted infections (STIs). The "STI Diagnostic Tampon" uses a polymerase chain reaction (PCR) to test for five STIs - chlamydia, gonorrhoea, trichomonas, [...]
London-based InterLnkd Ltd. has secured £1 million in a seed funding round led by Vanneck Ltd. The round also saw participation from other angel investors. The company is providing technology enabling travel suppliers to earn revenue by selling fashion, beauty, and other items to travellers using an “intelligent matching engine” which matches products with a [...]
The HMRC has previously announced their plans to revamp their existing research and development initiatives by merging the two core schemes. Draft legislation published back in July is bringing the proposed merged scheme ever closer, proposing an implementation date as early as April 1, 2024. The relief currently operates through an SME scheme for small [...]
Cirdan Ltd., a global leader in digital pathology, has raised £2.3M in a round led by Kernel Capital. While the company is based in Lisburn, the company’s platform is used in over 150 laboratories and hospitals across 20 countries and offers a variety of digital support services for pathology. Cirdan is focused on directing their [...]
Kvantify ApS, a Danish quantum startup, has announced their expansion into the UK with a new office in London. The move comes as part of Kvantify’s broader strategy to solidify its position in the European market and bolster its international presence. The expansion comes with the appointment of four new employees to their drug discovery [...]
Technology Secretary Michelle Donelan has announced new measures to support the research sector and wider public. These measures include a new £60 million Regional Innovation Fund (RIF) that will boost support for universities in areas with lower levels of research and development investment. The Secretary of State unveiled the scheme alongside the launch of an [...]
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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