Three Scotland Universities to Receive $1.3M in Funding for New R&D Efforts

Alabama’s State Governor, Kay Ivey, has shown support of innovation in the state with his latest announcement. Governor Ivey has awarded $1.3 million to stimulate new R&D projects at three different Alabama universities.

These programs will focus on life-improving projects and will be funded through the Alabama Research and Development Enhancement Fund – a state-funded program created under the Alabama Innovation Act.

The University of Alabama at Birmingham. Total: $666,910.
- $316,910 to conduct research relating to the development of a new neurovascular stent for stroke treatment.
- $350,000 to conduct research involving the development of a new material in dental root-canal treatment.
The University of Alabama. Total: $486,026.
- $399,831 to conduct research relating to development of a membrane for the removal of some man-made chemicals which may cause harm in humans.
- $86,314 to conduct research involving the development of ultra-high performance concrete using materials available in Alabama.
Lastly, Auburn University. Total: $184,773.
- $184,773 to conduct research relating to the development of an iron-based contrast agent in an angiography procedure that examines blood flow in the body.

“Often, the research and development that comes out of our universities has far-reaching and life-altering impacts across a wide array of issue areas,” said Governor Ivey. “Alabama’s future outlook is largely dependent on our ability to find solutions to the problems of tomorrow, and I commend the students and professors for their dedication and time-consuming efforts to ensure Alabama remains the leader in innovation that it is.”

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

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         Posted on Google  
   
   Daniel McGregor 
 
 
 
 Trustindex verifies that the original source of the review is Google.  I 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.
  
 
 
      Posted on Google  
   
   Anatole Kononewsky 
 
 
 
 Trustindex verifies that the original source of the review is Google.  The 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.
  
 
 
      Posted on Google  
   
   Melissa Doddy 
 
 
 
 Trustindex verifies that the original source of the review is Google.  The 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.
  
 
 
      Posted on Google  
   
   Alana Owers 
 
 
 
 Trustindex verifies that the original source of the review is Google.  We 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.
  
 
 
      Posted on Google  
   
   Mexx Engineering 
 
 
 
 Trustindex verifies that the original source of the review is Google.  We 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.
  
 
 
      Posted on Google  
   
   Sarah Heath 
 
 
 
 Trustindex verifies that the original source of the review is Google.  Damian 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.
  
 
 
      Posted on Google  
   
   David Reisner 
 
 
 
 Trustindex verifies that the original source of the review is Google.  We 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.
  
 
 
      Posted on Google  
   
   Sarah Hay 
 
 
 
 Trustindex verifies that the original source of the review is Google.  Damian, 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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Daniel McGregor

I 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 Kononewsky

The 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 Doddy

The 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 Owers

We 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 Engineering

We 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 Heath

Damian 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 Reisner

We 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 Hay

Damian, 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!