Simply following change is
not a realistic option for many businesses, if they are to stay competitive.
Instead they must be at the forefront of change, and the means to do this is by
developing research and development strategies that work.
Innovation has its rewards, but it comes at a price. We recognise that, while we can offer a broad range of industrial insulation solutions and products, including specialist prototyping, many businesses need financial support to get to the stage where they can initiate these developments. Research and development (R&D) can be a fantastic way of not only growing your own business, but also growing your industry. But it can be costly. Tax breaks for R&D is a vital part of it, and a huge incentive for many.
For SMEs and others to
unlock innovation, they must first be able to identify which research and
development (R&D) costs are eligible for tax breaks and funding.