How to Complete Innovate UK’s Due Diligence Process

Engineering working on Innovate UK Due Diligence

Winning an Innovate UK grant could be a game-changer for your company. But don’t get too carried away when you get the good news. You still need to pass Innovate UK’s Due Diligence process before your project can start. Innovate UK performs due diligence checks using information you submit via the project setup list. The

Covid Spurs Record Year for UK Games Market

Covid Spurs Record Year for UK Games Market

National lockdowns and new console releases fuel mammoth surge in software and hardware sales. But small studios struggle to capitalize. Sales of video games and accessories in the UK jumped by an unprecedented 30% last year, as stuck-at-home consumers doubled down on digital entertainment. According to the UK Games Industry Market Valuation 2020, a new

ARIA: Does UK Really Need its Own DARPA?

ARIA: Does UK Really Need its Own DARPA?

Innovation funding expert Richard Wigley asks whether ARIA, the government’s new science investment vehicle, is worth the money. Or the hype. Last March, the government formally unveiled plans for a bleeding-edge innovation agency that could incubate blue-sky science projects deemed too risky for private investment and public grants.  The brainchild of Dominic Cummings, and first

Can I Claim VGTR and R&D Tax Relief at the Same Time?

Some companies are allowed to claim VGTR and R&D Tax Relief at the same time. But only in very specific circumstances. Here’s what you need to know about how the two schemes work together.  R&D Tax Relief and Video Games Tax Relief are two of the government’s most popular and generous sources of corporate funding. Over

VGTR: What is it? Am I eligible? How do I claim?

Video Games Tax Relief (VGTR) provides UK games studios with thousands of pounds in critical government funding. This guide explains how the scheme works, which companies are eligible, and what you need to do to file your claim.  Video Games Tax Relief – or ‘VGTR’ – is an excellent resource for UK games studios looking

Report Reveals True Toll of Covid-19 on SME Finances

Sobering data from the British Business Bank pours cold water on Chancellor’s hopes for an SME-led recovery. Will the government go further? A new report from the British Business Bank has revealed the overwhelming toll Covid-19 took on SME funding in 2020. Here are the key findings from the Small Business Finance Markets Report and

More than Money. 4 Key Reasons to Claim VGTR

More than Money. 4 Key Reasons to Claim VGTR

Video Games Tax Relief provides UK developers with thousands of pounds in government funding. But extra cash isn’t the only benefit of claiming VGTR.  It’s been an excellent few years for the UK video games industry.  While the wider business world has grappled with a raging pandemic and the uncertainties of Brexit, British games studios

Budget 2021: Sunak Unveils £65 Billion in Covid Business Aid

2021 Budget: HM Treasury

Budget 2021 included billions in extra aid for distressed businesses. Here are the key policies you need to know about. Chancellor Rishi Sunak has unveiled a further £65 billion in government support for businesses suffering due to Coronavirus restrictions.  In Wednesday’s Budget, the Chancellor announced a suite of grants, cuts and reliefs designed to help

Budget 2021: What It Means For Britain’s Innovators

Budget 2021: What It Means For Britain’s Innovators

The government has delivered an expansive budget designed to fuel an investment-led economic recovery. But what will this ambitious plan mean for Britain’s innovators, in whom the Chancellor has entrusted so much of the country’s long-term prosperity? Twelve long months ago, freshman Chancellor Rishi Sunak delivered one of the most important budgets in modern memory.

Coronavirus Business Support: What’s Available? How Do I Apply?

Coronavirus Business Support: What's Available? How Do I Apply?

The UK government has created a range of measures to support businesses during the Coronavirus pandemic, and the UK’s various lockdowns and restrictions. Here’s what’s available to your company and how to apply. Updated: 26 July 2021 The Coronavirus has spread to all corners of the earth, carrying untold economic and social disruption in its