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, [...]
Locit Limited has made history in their Deeside-based manufacturing site. The company is the first in the UK - possible in the world - to achieve complete carbon neutrality in their steel locker manufacturing. “We have achieved a UK first- and potentially a world first – for our sector using digital manufacturing techniques which put [...]
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, [...]
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, [...]
Scottish Enterprise and Innovate UK are collaborating to deliver a new Launchpad programme. The programme will support businesses in Scotland, specifically in the bio-based manufacturing industry. These businesses have been invited to apply for support packages which may range between £25,000 to £100,000 and £150,000 to £1 million. These are available to small and medium-sized [...]
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 [...]
Small businesses across large areas of Wales are being offered support with tech research and development from experts at the University of South Wales (USW). CEMET – the Centre of Excellence in Mobile and Emerging Technologies, which is based at USW – has been successful in securing funding to run a project which will support [...]
Beta Bugs Ltd., a Scottish biotech company, has secured £1.72 million in funding. The round was led by The TRICAPITAL Syndicate LLP, with participation from SIS Ventures, Scottish Enterprise, Beeches Group, Climate.vc, together with existing shareholders in the business and InnovateUK. Beta Bugs intends to direct the funding to scale up their production and supply [...]
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 [...]
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!
Australia (AU)
