• Accelerating r&d tax credit funds with R&D Advance Loans
    R&D Tax Credits

    Where to Start with Your R&D Tax Credit Application

    Navigating an R&D Tax Credit application can initially appear overwhelming. With a large amount of information and criteria, knowing where to begin is often the biggest hurdle. This guide will break down the process and help you identify the starting
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  • Business meeting where team picks an alternative to venture debt, the SPRK Capital Innovation Term Loan - a new form of non-dilutive funding.
    Innovation Term Loans

    Is Venture Debt Appropriate for Innovation Funding?

    Venture debt is a specialised form of debt financing geared towards venture-backed companies that may not yet be profitable but show high growth potential. It's typically provided by specialised banks or non-bank lenders and is structured as a term loan or revolving credit facility.

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  • R&D Advance Funding easing cash flow troubles for innovative business.
    R&D Tax Credits

    Leveraging R&D Advance Funding for Better Cash Flow

    Maintaining a robust cash flow is as challenging as it is critical, especially when venturing into the territories of research and development (R&D). R&D advance funding is a strategic financial tool designed to alleviate the pressure on your cash reserves and fuel your innovative projects.

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  • Businessman conducting an analysis of R&D tax reliefs, innovation grants, and R&D advance funding options.
    Information

    From Tax Reliefs to Tech Reforms: Our Analysis of R&D Changes in 2023

    As the innovation space continuously evolves, Research and Development (R&D) tax reliefs in the UK have been a consistent ally for companies pushing the boundaries of innovation. The year 2023 has held significant shifts in these reliefs, marking a pivotal moment for businesses involved in R&D activities.

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  • Entrepreneurs making a successful R&D Tax Claim, and getting innovation grants.
    R&D Tax Credits

    R&D Tax Claims: Insider Tips to Maximise Your Claim

    Businesses making an R&D tax claim have the potential to receive transformative funding. However, it’s not always an easy process. The application can be complex and requires precision, and HMRC has recently cracked down on those R&D tax claims that contain ineligible projects, even by mistake.

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  • innovation grants
    Grant Funding

    How are Innovation Grants Affected by the “Budget for Growth”

    Innovation grants have long been a cornerstone in nurturing the UK's burgeoning tech and science sectors. The Spring 2023 Budget, termed "Budget for Growth" by Chancellor Jeremy Hunt, is poised to significantly alter the grant process.

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  • venture debt
    Announcements

    SPRK Capital Announces New Product Launch and Follow-On Capital Raise

    SPRK Capital, the leading provider of non-dilutive finance to SMEs in the innovation sector, is excited to announce the launch of the SPRK Innovation Term Loan and the closing of its latest capital raise.

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  • R&D Tax Credits
    R&D Tax Credits

    The Hidden Challenges of R&D Tax Credits and Grants

    These two funding sources actually have different purposes and are designed to provide a different type of support. As a result, they can work really well in tandem. However, if your business is looking to benefit from R&D tax credits and grants then there are some hidden challenges that it’s important to be aware of.

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  • innovation grants
    Grant Funding

    Securing Innovation Grants: The Ultimate Checklist

    Innovation grants can be an incredibly important source of income but at the application stage, nothing is guaranteed. If you’re looking at innovation grants for your business and keen to give yourself the best possible chance of success then this is the ultimate checklist to work through.

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