An innovative startup drone company has determined a way to detect risks around oil rigs and gas pipelines before they become a problem. Sky-Futures has figured out a way to save time, improve safety and significantly cut costs of manual checks which typically rely on shutdowns and abseiling humans, through the use of unmanned aerial [...]
Looking for an innovative solution that will reduce your risk in doing business? Need a tool that will provide your company with a more in-depth understanding of private companies, the people that run them and the market in which they operate? DueDil, short for due diligence, is your one stop shop helping businesses to find opportunities and [...]
In the UK approximately 1 in every 1,000 people have lost a limb through an accident, illness or military action. Samantha Payne and Joel Gibbard are the co-founders of Open Bionics and the pair identified a serious gap for affordable, comfortable and well-functioning prosthetics in the market. Currently if you lose your hand, there are [...]
The UK has a new way to shop for farm fresh local food and it is all online! Yes you heard right, thanks to the innovative company Farmdrop, it is now possible to source fresh vegetables, fruit, meat and other produce from local farmers all with the click of a few buttons. Farmdrop currently delivers [...]
Liam Watson, your everyday Newcastle bloke had a vision to create a Milkshake which not only tasted great but also had great ingredients. So Watson went on to combine his love for Milkshakes with his ‘canny’ personality and created something that had never been done before – a milkshake created from 100% natural ingredients. Growing [...]
It is essential that SMEs start to reap the benefits of R&D post Brexit and here is why.. The news about the government’s R&D boost is a timely reminder that UK businesses are still losing out on generous R&D savings. Over the past year there has been a 20% increase to the overall HMRC R&D [...]
Chocolate lovers get ready - a new kind of chocolate will be coming to you soon. Ruby chocolate will be the fourth of the chocolates, after dark, milk and white. It’s about time too, as white chocolate was invented over 80 years ago! This pink chocolate was developed at Barry Callebaut AG, the world’s largest [...]
Ulster University in Northern Ireland has opened a new £7.3 million advanced bio-medical engineering laboratory in partnership with Randox Laboratories and Heartsine Technologies. The R&D centre will offer expertise and state-of-the-art equipment to assist companies develop prototypes for the biomedical, engineering, electronic device and aerospace sectors. A £3.7 million R&D grant has been offered towards the scheme [...]
Companies who followed HMRC's guidance on staff costs may have claimed less R&D tax relief than they were entitled to. In the past few years, HMRC has issued some conflicting guidance on what you can include as an eligible staff cost in your R&D claim. In October 2014, HMRC issued a note which narrowed the [...]
The latest figures from HMRC shows that only 0.3% of SMEs claimed R&D Tax Relief in 2016. That's 17,135 out of the 5.4 million SMEs based in the UK, up from 15,955 the previous year. These firms could be missing out on hundreds of thousands of pounds that they are entitled to claim which they [...]
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