TBAT joins Prodrive for The RAPID Challenge

TBAT Innovation Ltd are proud to be part of The RAPID Challenge for 2020.

Joining Founding Partner – Prodrive, TBAT are this year’s Lead Partner, offering their expertise in funding innovation through UK & EU Grant Funding and R&D Tax Relief.

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Register your interest to apply for £175K Innovation Support Grants

Register your interest with us, if you’d like our help applying for the £175k Innovation Support Grants that Innovate UK are due to offer to ‘new customers’, in light of the COVID-19 pandemic.

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Update on Innovate UK May 2020: Smart Grants

Innovate UK have paused the next round of their Smart Grants ‘open’ competition. Find out more in this blog post.

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What is R&D for tax purposes?

A common question with a complex answer. When claiming R&D Tax Relief, your business must be performing eligible R&D activity – but what is R&D for tax purposes and what is eligible R&D activity?

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Future Flight Phase II – launched!

Future Flight Challenge (FFC) is a 4-year, £125 million Industrial Strategy Challenge Fund (ISCF) programme; its funding is delivered by Innovate UK. Phase II of the Future Flight competition opened 11th May 2020 and has £30 million in funding available.

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British Business Bank: Future Fund

Launched on 20th May 2020, the Future Fund scheme is open for applications for innovative businesses to access the £250 million of support, made available by the UK Government.

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Innovate UK: Continuity Grants and Loans

On Friday 15th May 2020, Innovate UK released full details about their Continuity Grants and Loans – the COVID-19 support for Innovate UK’s Existing Grant Recipients.

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When can SME’s claim using the RDEC Scheme?

Small to Medium Enterprises (SMEs) primarily use the SME Scheme for their R&D Tax Relief claims; however, there are some occasions where a SME needs to use the RDEC (Research and Development Expenditure Credit) Scheme too.

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Apply for The Queen’s Awards for Enterprise

While we’re well known for helping businesses access funding opportunities for their innovative work, for example, R&D Tax Credits and UK and EU Grant Funding; we can also assist businesses to write their applications for awards such as The Queen’s Awards for Enterprise.

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Book a 1-2-1 session to discuss R&D Funding with a TBAT Director

Managing Director, Matt Symonds, and Director, Sam Stephens, have cleared their diaries for 1 day to book one-to-one consultations, to discuss R&D funding opportunities for your business!

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UPDATE – £750 million support for innovative businesses from Innovate UK

On 23rd April 2020, we watched an online broadcast from Barclays which served as an update and Q&A regarding the new billion-pound initiative from the UK Government to support innovative businesses.

Ian Campbell, Executive Chair at Innovate UK, was on the broadcast and delivered some useful insights into the upcoming £750m Grants and Loans support package that will be delivered by Innovate UK.

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COVID-19 Business Support

In order to support clients during these uncertain times we have collated some of the initiatives currently available to businesses – updated 20th April 2020.

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TBAT Innovation Limited

Unit 3 Bradley Court,
Maple Road, Trent Lane
Castle Donington
Derby, DE74 2UT

Innovation Centre,
Milton Park,
Oxfordshire OX14 4SH

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In light of recent updates from the UK Government regarding the COVID-19 outbreak, TBAT have taken the advice given for businesses to ensure employee safety. Therefore, all team members will be working from home, until further notice. We would like to take this opportunity to reassure you that we are operating 'business as usual' while the team are working from home and that we all have the necessary equipment and tools in place to continue delivering services as usual.