An average of £ 78k back into your business
businesses act as early as they can to prepare bids. The right grant won’ t always be available but preparing answers, even before an appropriate funding round opens, means more time can be spent polishing the submission later, making it more likely to succeed.
Key elements to have in mind from the beginning include having a rough idea of how long the project will take and how much it will cost. You should also consider where your idea sits among other existing technologies, where you’ d like to take your innovation by the end of the project and what your IP and patent strategy is.
Even at this stage, you need to consider the practicality of receiving the funding. Do you already have the staff you need to work on the project or would you need to hire? Grant funders will want to be satisfied you know how you will successfully resource the project.
How can I keep track of all the grant funding rounds?
Grant calls are issued regularly but, if you don’ t know what you’ re looking for, it can be difficult to react quickly enough when the right one comes along. Most grant consultants will offer a free grant finding service. It requires you to register but you get alerted when a grant appears that suits your needs. We scan the market every day for those companies registered with us.
How can businesses prepare for grant funding deadlines?
There are no extensions and no second chances if you don’ t get your application in on time.
Make sure you have a vision for your project and how you will explain why your company deserves a grant. The clearer you are on those aspects before a grant call is even open, the more time our team can spend enhancing your grant application to make sure it is what the assessors are looking for.
It is a fiercely competitive process. By being grant ready, you can be sure you will have a strong application that will stand out from the crowd.
What else is Catax doing to support innovation?
We are one of the sponsors of November’ s Techies Awards, which is open for entries right now and in its fifth year.
We are sponsoring the award for the most innovative tech solution. This could be awarded to companies who, for example, are using chatbots to revolutionise customer experience, or embracing technologies such as Augmented Reality( AR) or Virtual Reality( VR) to connect in an immersive way.
What else does Catax do?
Catax is an innovation funding specialist, helping businesses at every stage of their research and development process. This includes helping them to acquire grant funding to get a project off the ground, or claim back tax relief for a project that has already been undertaken. We are experts in specialist tax relief and have helped claim back over £ 456m for our clients. We win millions of pounds of Capital Allowances back on commercial premises too.
@ Catax _ UK @ Catax _ Group
Catax Group
No risk-service.
If no grant or claim is identified, there is no charge.
The process is made simple. All we need is a couple of hours of your time, then our specialists will take care of the rest.
The experts in tax relief and grants services. The team has helped over 15,000 clients receive over £ 456 million back into their businesses.
An average of £ 78k back into your business
Contact us on: 0300 303 1903 email: enquiries @ catax. com or visit: www. catax. com