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Government
incentives in general

The UK government recognizes the importance of innovation as a driver for economic growth and competitiveness. To this end, it has put in place a variety of incentives aimed at encouraging both established companies and startups to engage in innovative activities. These incentives are part of a broader strategy to make the UK a global hub for innovation, attracting talent, investment, and cutting-edge research.

These initiatives are complemented by the establishment of innovation hubs and clusters, which serve as collaborative environments where businesses, academia, and government entities can work together to drive technological advancements. By focusing on innovation-friendly policies and providing substantial financial incentives, the UK government continues to position the nation as a premier destination for innovative enterprises.

It is important to note that these incentives are not necessarily mutually exclusive. Many of our clients have been able to benefit from multiple incentives to maximise the return on investment for their R&D.

Specific government incentives

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The UK government offers the Research and Development (R&D) Tax Credit, a tax relief scheme for companies on their R&D expenditures, significantly reducing their taxable income. This scheme encourages innovation across various sectors, including technology, manufacturing, and life sciences. For more information, visit our R&D Tax page.

The UK government also supports innovation through the Patent Box regime, which reduces corporation tax on profits from patented inventions. This encourages businesses to commercialise their innovations within the UK, retaining intellectual property.

In addition, the UK government invests in innovation through funding bodies such as Innovate UK. This organization provides grants and loans to businesses engaged in groundbreaking projects that have the potential to deliver significant economic impact.

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Other Service Locations

Australia

To support Australian business, the government offers hundreds of different financial incentive programs in the form of cash grants and tax incentives.

Germany

In Germany, various funding programmes and incentives are available to SMEs that implement innovative projects and companies that invest in energy efficiency or climate-friendly measures.

South Africa

Partnering with clients to maximise benefits through various tax incentive and cash grant programmes. We simplify the journey of accessing government funding in South Africa.

Global

We simplify access to global funding, helping businesses and organizations secure resources across multiple countries.