"Even projects that have strong business cases can lack the funds to proceed quickly enough so that they can be first to market. R&D incentives can help close that gap."
“Many organisations have difficulty dealing with government, whether it be in the form of routine reviews of their R&D tax claims, or detailed applications for grants. Often they will know their project well, but will struggle to articulate why it meets the eligibility or merit criteria of the funding that they are applying for. I help them focus their responses to ensure that these are well addressed.”
Whatever the organisation size or industry, Tim notes R&D funding is a key component to getting projects off the ground. “Even projects that have strong business cases can lack the funds to proceed quickly enough so that they can be first to market. The R&D Tax Incentive can provide a valuable contribution to the mix of funding to close the gap between what investors are prepared to invest, and the funds required to get the new product developed and into the market.”