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UK remains on an upward innovation trajectory

By |July 13th, 2017|Tags: , , , , , , , , , , |

Research conducted by Mastercard and the Fletcher School of Tufts University has recognised the UK as one of the world’s digital elite economies, according to the Digital Evolution Index 2017. This is a comprehensive study tracking the progress countries have made in developing their digital economies and integrating connectivity into the lives of billions. The [...]

Research advancements providing hope for pancreatic cancer patients

By |June 21st, 2017|Tags: , , , , , , |

A new clinical trial has commenced at Peterborough City Hospital which could offer treatment for patients with advanced pancreatic cancer. In the past, patients suffering from pancreatic cancer that has spread outside the pancreas have had little options left in regards to treatment methods. However the new HALO 301 trial could change all this and [...]

Ford shrugs off any concerns over Brexit

By |June 13th, 2017|Tags: , , , , , , , , |

Ford seems to be showing no concerns over Britain exiting the EU as the company begins to kick-start plans to set up a new research and development facility in East London. The centre will be the central hub for the development of smarter transport. The chosen location in Stratford’s Olympic park is also home to BT [...]

Is your start-up missing out?

By |June 2nd, 2017|Tags: , , , , , , |

As Britain prepares to part with the EU, it is more important than ever for UK start-ups to be aware of the financial support on offer in order to maintain a competitive advantage. The Government offers competitive incentives to encourage business growth, development and to be one of the best places to start and grow [...]

£350K R&D competition – Could your project be eligible?

By |May 30th, 2017|Tags: , , , , , |

The Institution of Engineering and Technology (IET) and the High Value Manufacturing Catapult (HVMC) have launched a Horizontal Innovation program that offers SMEs access to advanced technology support. The program works by giving SMEs the chance to commercialise  their innovative product by helping to solve real life societal and industry challenges in new company sectors. [...]

5 Benefits of the R&D Tax Credit

By |May 26th, 2017|Tags: , , , , , , |

1. SME's receive great rates SME’s can actually claim back up to 33% on qualifying project expenditure such as, staff wages, subcontractors, consumables, materials, software and some utilities. 2. You don’t need to be profitable to claim Many businesses receive R&D tax relief through a reduction Corporation Tax owed, however if your company is making a [...]

Eligibility and Evidence for R&D

By |May 26th, 2017|Tags: , , , , , , |

Introduction A Research and Development claim can potentially provide a net cash benefit of up to 30% of your development costs for SME’s and 7.2% for larger companies. Therefore if a company is engaging in R&D activities by producing new knowledge, exploring the path of lodging a claim and doing so correctly is a worthwhile [...]

R&D Tax Credit explained – How can your business benefit?

By |May 22nd, 2017|Tags: , , , , , , , , , |

The Research and Development (R&D) tax credit scheme was introduced in 2000 as a welcome benefit by the Government for many businesses. The incentive was introduced as an encouragement for UK businesses to become more globally innovative and competitive by investing into R&D towards technological advancements in products, services or processes. Unfortunately HM Revenue and Customs [...]

Could innovative water balls be the key to reducing plastic waste?

By |May 10th, 2017|Tags: , , , , , , , , , , , |

Who would have thought that small spheres filled with natural or flavoured water could be the future solution to London’s plastic waste problem. In hope for a more sustainable future, the UK start-up company Ooho has started to create water balls, which resemble large bubbles and have a jelly-like membrane made of plant and seaweed [...]

Amazon Continues To Grow Its Innovation Story

By |May 8th, 2017|Tags: , , , , , , |

With hope to continue developing Amazon's presence in the U.K, the company has announced its big plans to open a new Research and Development site in Cambridge to supplement the already operating ones in Edinburgh and London. The new 60,000 square foot facility, which is scheduled to open this coming autumn, will reportedly be able [...]