Category: Innovation

Benefits of recruiting in the UK

Alex Hannaway April 11, 2024

Beginning 1 April 2024, all UK companies face restrictions on claiming R&D tax credits for overseas contractors, a significant shift affecting numerous innovative businesses. You

What is Innovation?

Alex Hannaway February 5, 2024

In a time where AI and Machine Learning are unlocking new horizons in business, it is crucial for companies to grasp the importance of understanding

R&D tax credits and Artificial Intelligence (AI): Emerging technologies and qualifying criteria

Alex Hannaway January 16, 2024

Last year, artificial intelligence (AI) garnered significant attention, leading to a surge in companies seeking R&D tax credits for their AI initiatives. However, the complex

Fueling green futures: Navigating the UK’s climate tech investment boom

Alex Hannaway November 27, 2023

In today’s era of technological advancements and the urgent need for sustainability, the climate tech market in the UK emerges as a shining example of

The Impact of Autumn Statement 2023 on R&D Tax Relief

Paul Rea November 22, 2023

In today’s Autumn Statement, Chancellor Jeremy Hunt unveiled 110 measures to boost economic growth ahead of next year’s general election. The statement emphasised the UK’s

Creating an R&D strategy: Overcoming budget challenges

Alex Hannaway September 8, 2023

Introduction In the ever-changing business landscape, Research and Development (R&D) serves as the driving force behind innovation and progress. It is the key that unlocks

Track resource allocation through timesheet management to boost R&D project efficiency

Alex Hannaway June 22, 2023

More than ever, record-keeping is crucial when claiming R&D tax relief. Failing to document R&D activities properly may cause eligible costs to be overlooked or

4 funding options for Growth-Stage companies

Alex Hannaway May 31, 2023

If you’ve been operating for over five years and are now experiencing substantial growth, you’ve hit a milestone. At this point, securing proper funding is

How to Develop an Effective IP Strategy for Your Tech Startup

Alex Hannaway April 26, 2023

In the UK tech industry, intellectual property is critical for startups to protect their innovations and differentiate themselves from competitors. Developing an IP strategy can

Ideation to launch: The Creative Process for Business Innovation

Alex Hannaway April 21, 2023

Today is World Creativity and Innovation Day, an excellent opportunity to recognise the importance of innovation. Here at EmpowerRD, we know first-hand how critical innovation

The UK Innovation Report 2023: What you need to know

Alex Hannaway April 3, 2023

Want to know how the UK’s innovation activity and global industrial performance compare to other countries? The Cambridge Industrial Innovation Policy annual UK innovation Report