Unleashing Opportunities – GovGrant leads the way at SME event

GovGrant collaborated with four other firms aiming to help SMEs maximise their innovation opportunities at a June event in partnership with Business Funding Show. It was the first in a programme of GovGrant sponsored events. We invited the other organisations to share the platform in order to give innovative companies a fully-rounded insight into available funding sources (debt, equity, grant and, of course, the R&D tax credits and Patent Box schemes) to support a continuous cycle of innovation within their organisations, and all the business benefits that ensue. 

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GovGrant’s Charlie Whitehead blogs on a fascinating day with the entrepreneurs of Manchester

Last month I attended Connected Investing held in Manchester University’s Bright Building. The Connected Investing event series is delivered through a partnership between UKBAA (UK Business Angels Association), the trade body for early-stage investing, and Innovate UK, part of the government-funded UK Research and Innovation.  

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The real Sir James Dyson question: What has Singapore got that the UK hasn’t?

Sir James Dyson’s decision to move his corporate HQ from the UK to Singapore has unleashed a storm of Brexit-related comment. Sir James, one of the UK’s most successful inventors, is a prominent Brexit supporter, and he has been widely criticised as hypocritical on social media and in the MSM.
 

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GovGrant calls for more R&D investment after latest EU stats rank UK at 11, well behind EU competitors

Commenting on the latest R&D figures from Eurostat [Estimates of Research & Development expenditure – 10 January], where the UK ranked 11th among EU member states for R&D expenditure in 2017, Luke Hamm, chief executive of innovation tax credits specialist GovGrant, said:
 

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Employment Law and Innovation Funding - upcoming Cambridge event

Business financing - cash flow and employees are key assets in every organisation and while the full impact of Brexit on business remains to be seen, business owners should take every opportunity to reinforce these critical areas now and for the future.  GovGrant, the UK’s leading specialist in Government incentive funding schemes and Peninsula an award-winning provider of HR, Employment Law & Health & Safety support services would like to personally invite you to attend a brief but invaluable complimentary event for business owners at 9.30am on Tuesday 5th February 2019 at The Hallmark Hotel, Cambridge.  

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GovGrant urges boost for productivity and innovation in the October Budget

GovGrant, the innovation and R&D tax specialist, has urged the Chancellor to use the tax system to boost the UK’s army of inventors and innovators in the Budget on 29 October.  

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Innovation statistics: the government could do better says GovGrant

The Chancellor has announced that Budget day 2018, one of the busiest news days in the financial calendar, will be earlier than expected, on 29 October.
 

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GovGrant welcomes new government initiative to help small businesses

Luke Hamm, chief executive of innovation tax specialist GovGrant, has welcomed the government’s announcement that it is to introduce new laws to protect small businesses against unfair contracts that stop them raising money from unpaid invoices.
 

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GovGrant featured in The Business Magazine

Entrepreneurial businesses can capitalise on their innovations by taking advantage of government incentives. R&D tax relief adviser GovGrant’s chief executive officer Luke Hamm tells Tim Wickham why more UK companies should consider claiming the relief and protecting their intellectual property.  

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Why SMEs are not accessing R&D tax credits

The Federation of Small Business (FSB) innovation survey stands out like a sore thumb. There are a huge number of SMEs not accessing or not even being aware of government support for their research and development (R&D).
 

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GovGrant calls for UK’s innovative businesses to take up Government R&D support

GovGrant, the leading innovation tax relief specialist, has welcomed what the government has described as the ‘biggest increase in public R&D (research and development) funding for over 40 years.'
 

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Most small businesses are innovating

Results from this year’s Federation of Small Business (FSB) innovation survey make for interesting reading.
 

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Breakfast with your local innovation partner

Come and join us for a free breakfast seminar on Tuesday 24th July 2018, in the heart of St Albans. 
 

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Whose idea was it anyway?

Anyone old enough to remember the BBC comedy series Harry Enfield and Chums may recall the wonderful public information film pastiche sketches which always ended with the phrase ‘Women, know your limits’.
 

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Shine a light on hidden innovation

Hidden innovation needs to be brought out from the shadows and into the spotlight.
 

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If you’re selling a business, take time to understand your buyer

When you first begin to think about selling your business take some time to consider what your potential buyers will be looking for and what will make your company stand out from similar businesses for sale. After all, when you do sell you will want to achieve the best possible price so taking time to prepare and increase exit value will bring substantial rewards in terms of exit value.
 

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Industry 4.0 A flashy catchphrase or the next industrial revolution?

The term "Industry 4.0" originates from a project in the high-tech strategy of the German government promoting the computerisation of manufacturing and adopted globally as a name for the current trend of automation and data exchange in manufacturing technologies. It includes cyber-physical systems, the Internet of Things, cloud computing and cognitive computing. Industry 4.0 introduces what has been called the “smart factory,” in which cyber-physical systems monitor the physical processes of the factory and make decentralised decisions.
 

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Can the government help fund your manufacturing business?

It is certainly in the best interest of the UK to bolster the manufacturing capabilities of UK companies, especially during turbulent times when international trading relationships are in a state of flux. Some people might be surprised to learn that the government is doing something to address the situation.
 

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Dealing with a HMRC enquiry and building a robust claim

Innovation keeps the UK at the forefront of today’s ever-changing world and one step ahead of global competition. But it is a costly business and the Government recognises that through its Research and Development (R&D) Tax Credits scheme. This rewards business innovation by allowing additional corporation tax relief and/or cash refunds on qualifying expenditure incurred on innovation and R&D activities.
 

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Lessons to be learned from TSB meltdown

“We apologise for any inconvenience you might be experiencing. If you wish to make a complaint, please contact us. We’ll do our best to put things right.” 
 

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There's a revolution going on way out west

It may be best known for cider and clotted cream, but there is a revolution going on in the South West of the UK with hi-tech companies springing up at a rate of knots.
 

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R&D tax relief: what, when and how

If you have a company that does a lot of research and development, you will want to look into the R&D tax claims you can make. In some cases, you can get reimbursement for up to 33% of your development costs.
 

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R&D tax relief: is it worth the effort?

Getting a tax credit for making your business better and more efficient, or for bringing a new product to light, is a great thing. It can help you recoup costs that you had for the research and development projects you undertook.
 

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R&D spending, European trailblazers and Brexit implications

The new official bulletin on R&D spending statistics makes for fascinating reading from a business point of view. Produced annually by the Office for National Statistics (ONS), figures in the Gross domestic expenditure on Research and Development, UK: 2016 are the latest available.  

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What can make claiming a R&D tax credit complicated?

When assessing research and development projects, knowing which ones qualify for R&D tax credits can help you plan your strategy and budget. When spending money on these types of projects, it is important to understand how these credits are calculated, and what it could potentially mean for your business. Companies can currently claim up to 33% of their expenditures through R&D tax claims.  

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Helping businesses access grant funding is a piece of cake for Richard

Richard Thompson has spent the largest part of his professional life offering help, support, and advice to small businesses.
 

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What to expect from GovGrant

Are you the owner of a small or medium-sized enterprise (SME) in the UK and think that you could be entitled to research and development tax credits? By working with GovGrant you can eliminate the costly guesswork involved in making R&D tax claims by yourself.
 

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Industrial Internet of Things: Now is the time to be bold

The statistics are truly mind-blowing and should act as a wake-up call to small and medium-sized enterprises (SMEs) across the UK. According to figures from The Centre for Economics and Business Research, the Industrial Internet of Things (IIoT) is likely to add an incredible £322 billion to the country’s economy over the next two years and create thousands of jobs in the process.
 

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Here’s hoping that Georgie will shine the spotlight on R&D

If I was being completely honest I am really not sure how I would react if a member of my team told me they were going to take a few weeks off from work so they could appear on a reality TV show. My immediate concern would be about how the actions of the person involved might affect the reputation of our business.
 

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What are the steps in completing an R&D tax credit?

If you are a business owner or manager with a company presence in the UK, you may be eligible for research and development (R&D) tax credits. At GovGrant, our consultants focus on helping you to maximise your R&D tax credit claim no matter the size of your business or your principal products and services. We will help you to follow these simple steps to make sure that you are getting the most from your claim. 

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Getting rid of scheme would be patently wrong

A long awaited report into tax credit relief was pretty much guaranteed to make waves because of its forthright views. The Institute for Public Policy Research did not hold back when it released its findings into the extra revenue that firms can access for carrying out research and development.
 

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Government needs to make sure that the support goes where it is needed the most

Everyone knows that running your own business is one of the toughest challenges out there in the professional world. It takes a mixture of guts, determination and self-belief to make a success of a small enterprise and the UK’s army of entrepreneurs need all the help and support they can get. 

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Government gets it right on Innovation

Philip Hammond made it abundantly clear in his Budget that innovation and creativity are the driving forces behind the UK’s economy. 

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