What is Patent Box?

Posted on Tuesday 10 December 2019 by GovGrant

Patent Box sits alongside R&D tax relief as a strong financial incentive for companies to innovate. Patent Box was introduced by the government in April 2013 to reward the active exploitation of patented technology in the UK and remains a very generous tax relief for businesses utilising their patents.

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Intellectual Property 101

Posted on Thursday 5 December 2019 by GovGrant

When a business thinks about its value, we can look at every asset that makes that business valuable. Tangible assets tend to be the physical assets and
are easy to recognise. Intangible assets are sometimes more difficult to see but can be just as valuable, sometimes more valuable and this is where
Intellectual Property (IP) sits.

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Harvest your Intellectual Property

Posted on Wednesday 13 November 2019 by GovGrant

With over 49,000 companies making a R&D claim in the UK, the Intellectual Property (IP) opportunity remains untapped for most SMEs. When only 1,000 companies make a Patent Box claim – something just doesn’t add up and the really strange thing, the R&D process conducted well should give you an excellent steer on whether or not you have a patent opportunity. So the big question – why don’t businesses, particularly SMEs, seek out a patent? In our experience, the answer is simple – lack of certainty, unpredictable costs and unaffordable defence.

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Honda closure must bring about government re-think for innovation, says GovGrant CEO

Posted on Tuesday 5 March 2019 by GovGrant

Honda’s decision to close its Swindon car plant by 2022 has been hijacked by the politics of Brexit. No surprise there, but the closure also blows a big hole in the government’s industrial strategy, which placed some big bets on the development and production of electric vehicles in the UK.

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GovGrant CEO says urgent reform of UK Patent Policy needed

Posted on Thursday 24 January 2019 by GovGrant

  • Hacker Young study identifies obtaining more AI patents as key to UK’s future growth
  • System for obtaining patents stacked against SMEs

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GovGrant urges boost for productivity and innovation in the October Budget

Posted on Tuesday 23 October 2018 by GovGrant

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

Posted on Monday 1 October 2018 by 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 featured in GTMA Aerospace Executive briefing

Posted on Thursday 30 August 2018 by GovGrant

Charles Darwin said that ‘it’s not the strongest of the species that survive, nor the most intelligent, but the one that is most responsive to change.’ He was citing the animal kingdom, but (if he was still with us) he could equally be channeling the UK aerospace sector, one of the UK’s most important industries.

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Innovation the key for better business

Posted on Wednesday 22 August 2018 by studio@tuchdesign.com

One of the more heartening aspects of this year’s Federation of Small Business (FSB) innovation survey is that SMEs know they need to innovate, particularly in the face of competition.

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Breakfast with your local innovation partner

Posted on Tuesday 10 July 2018 by GovGrant

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

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