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Research & Development financial support event!

posted 24 Oct 2011, 06:36 by RiDO Rotherham
Friday, 11th November 2011, 8am to 10am at Fusion@Magna, Rotherham, S60 1FE

The Government have recognised the importance of helping UK businesses to invest in research and development, be it in terms of product or process.

R&D Tax Credits

If you have already invested time and money in R&D you can seek relief in the form of tax credits. This could result in you receiving repayment of corporation tax already paid, or reducing your tax burden in the future.

The Chancellor increased this benefit for 2011 in the last budget and it will increase further in 2012. You can claim for past periods up to 2 years after the financial year end – so take a look now and maximise this valuable benefit for past and future years.

R&D Grants

Support for R&D in the form of grant was one of the first new grant schemes to be reintroduced after the last election.

Commencing in April this year, the single company R&D scheme gives SMEs (Small and Medium Enterprises) access to direct grant funding for projects from early stage feasibility studies to full development of pre production prototypes or production processes.

With up to £250,000 available for a single project – this is definitely worth a look!

You are invited to attend an employer event supported by RiDO where you can
  • Meet Joanne Flanagan and Chris Philp of Funding & Financials, who will explain the grant process in practical terms with top tips for success
  • Meet Nicholas Riley of Libcus Limited, whose expertise in R&D tax credits will demonstrate the possibilities for your business
  • Maximise the support through tax relief, grant or both!
  • To book your free place call Tracey on 01709 255 978 or email
Please note that places are limited to 2 employees per company, so it is advisable to book early.

Investing in Your Future

RIDO is a partner in the South Yorkshire Sector Growth Enhancement Programme that is part-financed by The European Regional Development Fund (2007-13) in Yorkshire & The Humber under the Priority 2 Prospectus ‘Supporting and Stimulating Successful Enterprise‘.