SPRK some
innovative
news

Tax Relief Strategies for New Businesses

Discover how tax relief strategies like R&D tax credits can help new businesses reduce costs, boost cash flow, and fuel innovation for sustainable growth.

Secured an Innovate UK Grant? Here’s What You Need to Do After

Winning an innovation grant is a significant milestone that can significantly progress your business towards growth and innovation. However, receiving the grant is just the beginning of a series of important steps you need to take to ensure the success

Net-Zero is Driving UK Innovation

The UK's commitment to achieving net-zero emissions by 2050 has spurred a wave of innovation and collaboration across the country. As part of this ambitious goal, Innovate UK has launched a groundbreaking initiative: the Net Zero Living Programme. With a

Why the UK is Investing in Funding Biotech Innovation

The UK government's recent announcements about innovation funding vividly demonstrate its commitment to making Britain a science and technology superpower by 2030. This commitment is a strategic implementation of substantial innovation finance to propel biotech to new heights.

Innovation Funding Options for Growth Companies

For growth companies that are involved in market innovation, funding is as critical as it is strategic. These companies, characterised by their rapid scaling and reinvestment ambitions, are usually faced with unique challenges in financing their expansion.

How an R&D Advisor Can Help Your SME

The expertise of an R&D advisor and the financial support from an R&D lender can prove pivotal in dealing with the complexities of R&D tax credits. Here we outline the specific ways this assistance can benefit you.

Five Changes SMEs Need to Know for the 2024/25 Tax Year

As we approach the new 2024/25 tax year, there are several critical changes that small and medium-sized enterprises (SMEs) need to be aware of.

What are Convertible Loan Notes?

Convertible Loan Notes (CLNs) are a strategic financing option for many startups, offering flexibility and a range of advantages that can empower your funding decisions. Learn more about them and if they are the best choice for your business here.

12 Key Financial Metrics for Innovative SMEs

Understanding and monitoring key financial metrics is crucial for any small and medium-sized enterprise (SMEs). These metrics provide insights into a company's financial health, help forecast future performance, guide decision-making, and drive strategic planning.