The ultimate industry solution

Businesses are often faced with the difficult choice between dilution or an unsustainable debt burden to fund their research and development.

SPRK Advances are an alternative, non-dilutive source of capital for those businesses. SPRK delivers this by positioning itself as the hub between R&D companies seeking capital, third party data providers and expert R&D advisers.

SPRK was created by UK innovators for UK innovators, we understand the challenges of fast growing businesses and are here to support you.

It’s a win win

How much of your money could you access?

Don’t wait for your credit. Access it now and stretch every pound up to 20% further.

Calculate your R&D Advance by entering your annual R&D expenditure below

 

£
Tax Credit without SPRK £-
Tax Credit with SPRK
AFTER all financing costs
£-
R&D expenditure increase £- -%
R&D tax credit increase £- -%
Expenditure period 1-Jul to 30-Sep 1-Oct to 31-Dec 1-Jan to 31-Mar 1-Apr to 30-Jun
Your R&D expenditure £100,000 £100,000 £100,000 £100,000
SPRK Advance £- £- £-

Talk to our experts

SPRK are specialists in R&D finance, and we're here to help you get the most from every pound spent on R&D.

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The SPRK mission

Our mission is to solve the working capital problems of UK companies carrying out R&D. HMRC part solves the problem by providing a tax credit, but it can take 18 months from first expenditure to receive.

A SPRK Advance brings this forward to when companies need it most… now!

 

The SPRK vision

Our vision is to become part of the funding mix of companies carrying out R&D in the UK. For the first time ever, companies now have non dilutionary capital via a SPRK Advance to add to the traditional funding mix of debt and dilutionary equity.

Am I eligible?

  • Are you a UK business doing R&D?

    Does your company conduct R&D to improve existing products and services? Maybe you’re a start-up with a focus on innovation, or R&D is your core business?

    Yes No
  • Do you meet the government’s criteria?

    You must be a company liable for Corporation tax, have a minimum annual R&D expenditure of £20,000 and conduct at least one activity under the government definition of R&D.

    Yes No
  • Great! Let’s start your application.

    Getting started with SPRK is easy, and can be done over the phone or right now, online. For more information on the application process please click here.

    Request a call Apply Online
  • It’s OK, we can help!

    You may not be eligible right now, but our team of experts may be able to help. Let’s arrange a time to chat.

    Request a call Contact Us