Investing in innovation

As jurisdictions look to science and technology to prime their economies, many have renewed, expanded or refocused their R&D incentive programs. Benefitting from these regimes requires a deep understanding of the definition of R&D for tax purposes, and how this applies to activities and projects taking place across the business. We help to:

• Identify eligible projects within the organization – both current and historic (in jurisdictions where retrospective claims are permitted).
  
• Align innovation and R&D projects to the relevant incentives.
• Draft consortium agreements for large-scale R&D and innovation projects.
• Prepare and file the appropriate claims.
   

In contrast to R&D tax credits, grants are usually discretionary and often highly competitive, meaning only the best applications succeed. We help to:

• Propose and continually scan the market for appropriate innovation grants.
  
• Write and submit a compelling, detailed grant application which fully aligns with the fund’s objectives.
• Respond to requests for further information from the grant body, including supporting through the due diligence process.