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Unlike other R&D specialists, we don’t just take what you are doing and repackage it. We encourage you to think forward as to how your industry will change and develop over time and to therefore prepare your business for the times ahead. Innovation cannot be by accident rather it is a planned and methodical process.
By definition (Frascati 2015) Innovation is Novelty, Creativity, Uncertainty, Systematisation and Repeatability combined. Some of these qualities can be controlled, others cannot however having the correct structure and culture to allow innovation to flourish is paramount. We can benchmark your existing practices and help you record and as a result monetise the innovation that you carry out.
With a clear plan and structure in place we can enable you to isolate funding to support your works and those works that are essential to your companies future. Funding can come in the form of Tax Credits, The Patent Box, Low Cost Debt, Equity Release, Grants. The right mix will be designed and tailored to your companies future.
Often the best ideas are the secrets that your company holds. We proactively identify patentable technology as part of a patent strategy and identify Intellectual Property within your company that could be leveraged to take advantage of the patent box legislation. Reducing corporation tax to 10% on qualifying incomes as a result.
Often existing corporate structures are not well structured to capitalise on innovation. We will support the establishment of Research entities as well as facilitating cross-licensing so as to maximize the outcomes of your innovation life cycle. This can support in the creation of new market opportunities for your company creating new revenue opportunities you may not have otherwise been aware of.
We are with you every step of the way. Whether our input be to seed ideas, to support you in access to academics and research or to simply ensure that your processes are maintained The Change will ensure that you record each detail effectively so as to maximise the benefits of innovation.