# FI Group UK
## Sitemaps
[XML Sitemap](https://www.fi-group.uk/sitemap_index.xml): Includes all crawlable and indexable pages.

## News
- [Case Study: FI Group UK Supports Stablepharma’s Successful EIC Accelerator Submission](https://www.fi-group.uk/case-study-fi-group-uk-supports-stablepharmas-successful-eic-accelerator-submission/): Stablepharma Ltd, a London‑based biotech innovator, was awarded a €2.5 million EIC Accelerator grant on 19 February 2025. This recognised their StablevaX™ platform, a thermostabilisation technology enabling fridge‑free vaccines that addresses global cold‑chain logistics and wastage challenges. The award selected Stablepharma among 71 companies from 16 European countries, from a record 1,211 proposals submitted in 2024.
- [Horizon Europe Success Rate: What You Need to Know](https://www.fi-group.uk/horizon-europe-success-rate/): The overall success rate for Horizon Europe funding applications currently averages around 16% across all pillars and calls. However, success rates vary widely depending on the type of call, funding instrument, and level of competition.
- [Venture Capital and R&D Investment](https://www.fi-group.uk/the-relationship-between-vc-and-rd-funding-in-the-uk/): Launching a tech-driven or R&D-focused business in the UK is no small feat. Between refining your product, attracting talent, and securing investment, founders are constantly juggling priorities. In this high-stakes environment, understanding how venture capital and R&D investment intersect is essential for maximising growth and minimising dilution.
- [Advanced Notification Form (ANF) for R&D Tax Relief: A Helpful Guide](https://www.fi-group.uk/advanced-notification-form-anf-for-rd-tax-relief-a-helpful-guide/): Claiming R&D tax relief is a crucial financial boost for innovative businesses in the UK. However, with the introduction of the Advanced Notification Form (ANF), companies must now be more proactive to secure their claims. In this blog, we will guide you through everything you need to know about the ANF, from eligibility and submission to expert insights and future developments.
- [EIC Transition Grant: Empowering Innovative Projects with Up to €2.5 Million in Funding](https://www.fi-group.uk/eic-transition-grant-empowering-innovative-projects-with-up-to-e2-5-million-in-funding/): The EIC Transition grant, part of the European Innovation Council's Horizon Europe programme, offers substantial funding to support the maturation and validation of novel technologies. This grant is designed to help SMEs, start-ups, and research organisations bring their innovations from the lab to the market. With up to €2.5 million available per project, the EIC Transition grant is a golden opportunity for innovators to scale their technologies and develop sustainable business models.
- [National Space Innovation Programme – Call 2](https://www.fi-group.uk/national-space-innovation-programme-call-2/): The UK Space Agency's National Space Innovation Programme (NSIP) – Call 2 is now open for applications. This prestigious grant funding competition aims to support groundbreaking space technologies, applications, and services, driving innovation and commercialisation in the UK space sector. With a total funding pot of £17 million, NSIP Call 2 offers substantial financial support to de-risk high-reward projects and catalyse investment into the UK's space industry.
- [Cyber Local 2025-2026 Grant Funding Competition](https://www.fi-group.uk/cyber-local-2025-2026-grant-funding-competition/): The Cyber Local 2025-2026 Grant Funding Competition, backed by the Department for Science, Innovation and Technology (DSIT), offers UK registered organisations a unique opportunity to secure funding for projects aimed at bolstering the cyber security sector and enhancing cyber security skills across various regions. With a total funding pot of £1.8 million, this competition is designed to address geographical disparities and reduce the skills gap in the cyber security industry.
- [AUKUS Pillar II Grant Funding Competition](https://www.fi-group.uk/aukus-pillar-ii-grant-funding-competition/): On December 1, 2023, Defence Ministers announced the launch of the AUKUS Pillar II Innovation Challenge, focusing on undersea Command, Control, and Communications. This trilateral competition aims to foster ground breaking innovations in autonomous systems, enhancing operational capabilities from seabed to space.
- [European Space Agency: Space For a Sustainable Textile Industry](https://www.fi-group.uk/european-space-agencyspace-for-a-sustainable-textile-industry/): The European Space Agency: Space For a Sustainable Textile Industry grant funding invites proposals for feasibility studies aimed at enhancing transparency, sustainability, and resilience across the cotton value chain and the wider textile industry. This call supports the European Green Deal, the Circular Economy Action Plan, and the Industrial Strategy, which highlight textiles as a priority sector for advancing a carbon-neutral, circular economy.
- [Eurostars 3 Call 8: European Funding for R&D Projects](https://www.fi-group.uk/eurostars-3-call-8-european-r-d-funding/): Eurostars 3 Call 8 is an exceptional opportunity for innovative small and medium-sized enterprises (SMEs) to secure funding for international collaborative research and development (R&D) projects. This call is part of the European Partnership on Innovative SMEs and is co-funded by the European Union through Horizon Europe. Eurostars supports innovative SMEs and their project partners, including large companies, universities, research organisations, and other types of organisations, by funding international collaborative R&D projects in all fields.
- [How R&D Tax Relief Supports the World’s First Cargo Drone Airline – Dronamics Case Study](https://www.fi-group.uk/r-and-d-tax-for-dronamics-a-drone-technology-company/): Dronamics, a UK based aeronautical engineering company, are on a mission to revolutionise the logistics industry by supplying the world’s first cargo drone airline, delivering advanced cargo transport mobility, powered by long-range cargo drones that save time, costs and carbon emissions. 
- [Space for Intermodal Transport 3: Funding Opportunity](https://www.fi-group.uk/space-for-intermodal-transport-3/): The Space for Intermodal Transport 3 funding opportunity is a non-competitive call for proposals by the European Space Agency (ESA). This initiative aims to support the development of sustainable space-based services and applications for intermodal transport, covering both freight and passenger transportation. The call accepts proposals for both feasibility studies and demonstration projects that utilise satellite data or space-based technologies.
- [Clean Maritime Demonstration Competition 6: Feasibility Studies](https://www.fi-group.uk/clean-maritime-demonstration-competition-6-feasibility-studies/): The Clean Maritime Demonstration Competition (CMDC) Round 6, specifically the Feasibility Studies strand, is an initiative by Innovate UK in collaboration with the Department for Transport. This competition aims to fund innovative projects that focus on reducing greenhouse gas emissions and improving air quality in the maritime transport sector through feasibility studies.
- [Clean Maritime Demonstration Competition 6: Smart Shipping](https://www.fi-group.uk/clean-maritime-demonstration-competition-6-smart-shipping/): The Clean Maritime Demonstration Competition (CMDC) Round 6, specifically the Smart Shipping strand, is an initiative by Innovate UK in collaboration with the Department for Transport. This competition aims to fund innovative projects that focus on reducing greenhouse gas emissions and improving air quality in the maritime transport sector through the use of digital technologies.
- [Clean Maritime Demonstration Competition 6: Pre-deployment Trials](https://www.fi-group.uk/clean-maritime-demonstration-competition-6-pre-deployment-trials/): The Clean Maritime Demonstration Competition 6: Pre-deployment Trials is an exciting opportunity for innovators in the maritime sector to secure funding for projects aimed at reducing greenhouse gas emissions. Innovate UK, in collaboration with the Department for Transport, is investing up to £30 million in innovative projects that focus on clean maritime technologies. This competition is part of the UK Shipping Office for Reducing Emissions (UK SHORE) programme, which aims to position the UK as a global leader in clean maritime technology.
- [OWGP Development Grants – January 2025 Overview](https://www.fi-group.uk/owgp-development-grants/): The OWGP Development Grants aim to support UK companies in scaling up their capacity and increasing their capability to foster growth in the offshore wind sector. The Development Grants are designed to fund projects that will unlock growth in high-value supply chain areas, increase UK jobs, turnover, intellectual property, and exports.
- [European Space Agency: Green Hydrogen as a Sustainable Energy Source](https://www.fi-group.uk/european-space-agency-green-hydrogen-as-a-sustainable-energy-source/): The European Space Agency: Green Hydrogen as a Sustainable Energy Source invitation to tender seeks proposals for feasibility studies exploring innovative uses of space technology to advance green hydrogen as a sustainable energy source. The study aims to leverage satellite communication, satellite Earth observation, and satellite navigation to support green hydrogen production, storage, and distribution.
- [Clinical Trial Participants: A Comprehensive Guide to Calculating Costs in R&D Claims](https://www.fi-group.uk/clinical-trial-participants-costs-r-and-d-tax-claims/): Clinical trial participants play a crucial role in the development of new medical treatments and therapies. This guide covers the key aspects of involving participants in clinical trials, including their definition, restrictions, and how to calculate R&D tax relief for their involvement.
- [Transforming vaccine accessibility: A case study on the Stablepharma R&D tax relief journey](https://www.fi-group.uk/case-study-on-the-stablepharma-rd-tax-relief-journey/): To date, Stablepharma has identified over 60 existing vaccines poised for transformation into fridge-free formulations. However, Stablepharma has faced significant financial pressures due to the substantial development costs associated with their innovative adaptable fridge-free technology, alongside the challenges of navigating the intricate R&D tax relief application process.
- [Advancing Zero-Emission Shipping with £30 Million Funding](https://www.fi-group.uk/advancing-zero-emission-shipping-with-30-million-funding/): The UK government has announced a significant investment for advancing zero-emission shipping with £30million which will stimulate economic growth in coastal communities. This funding is part of the Clean Maritime Demonstration Competition (CMDC6), aimed at supporting innovative clean maritime technologies such as electric, hydrogen, ammonia, methanol, and wind power.
- [Consumable Costs in R&D Tax Credit Claims](https://www.fi-group.uk/consumable-costs-in-r-and-d-tax-credit-claims/): R&D tax credits are a valuable incentive for companies investing in innovation. One of the key components are Consumable Costs in R&D Tax Credit Claims. Understanding what consumable costs can be included in R&D tax credit claims is crucial for maximising your benefit. This guide provides a comprehensive overview of eligible consumable costs, ensuring you make the most of your R&D tax credits.
- [Software Licences in R&D Tax Credit Claims: What is Included?](https://www.fi-group.uk/software-licences-in-r-and-d-tax-credit-claims/): R&D tax credits are a valuable incentive for companies investing in innovation. One of the key components of these claims is software licences. Understanding what software licences can be included in R&D tax credit claims is crucial for maximising your benefit. This guide provides a comprehensive overview of eligible software licences, ensuring you make the most of your R&D tax credits.
- [Space for Construction Monitoring Grant Funding ESA](https://www.fi-group.uk/space-for-construction-monitoring-grant-funding-esa/): The European Space Agency is inviting proposals for the "Space for Construction Monitoring" grant funding call. This initiative aims to assess the feasibility of and demonstrate high-resolution monitoring of construction sites using satellite data and technology at an affordable price point. The goal is to improve the monitoring of construction sites and earth-moving activities, addressing the limitations of current methods.
- [ARIA Scalable Neural Interfaces Opportunity Seed Funding Call](https://www.fi-group.uk/aria-scalable-neural-interfaces-opportunity-seed-funding-call/): To maximise your chances of success with the ARIA Scalable Neural Interfaces opportunity seed funding call, consider using FI Group's Grants Roadmapping Service. This service can help you strategically plan and develop your grant application, ensuring that all key criteria are met and your proposal stands out. With expert guidance and tailored support, you'll be well-equipped to secure the funding you need for your innovative project.
- [HMRC Launches New Disclosure Service for R&D Tax Relief Overclaims](https://www.fi-group.uk/hmrc-launches-new-disclosure-service-for-rd-tax-relief-overclaims/): HMRC has introduced a new disclosure service aimed at companies that may have inadvertently overclaimed Research and Development tax relief in previous years. This initiative comes in response to the significant levels of error and fraud identified in R&D tax relief schemes.
- [Understanding Contracted Activities in R&D Projects](https://www.fi-group.uk/understanding-contracted-activities-in-rd-projects/): Contracted activities are a vital component of many research and development (R&D) projects. These activities are considered subcontracted when a company engages an external contractor to perform tasks that form part of a larger R&D project. Even if the subcontracted work isn't R&D in isolation, it can still qualify as R&D expenditure for the company. For instance, a company might subcontract analytical testing to a specialised firm. While the testing itself may be routine, it qualifies as R&D because it supports a broader R&D project.
- [Externally Provided Workers in R&D Claims: What’s Included?](https://www.fi-group.uk/externally-provided-workers-in-rd-claims/): Externally Provided Workers in R&D claims are seen as the temporary staff supplied by third-party agencies. This guide covers the key aspects of EPWs, including their definition, restrictions, and how to calculate R&D tax relief for their services.
- [Staffing Costs in R&D Tax Credit Claims: What is Included?](https://www.fi-group.uk/staffing-costs-in-r-and-d-tax-credit-claims/): R and D tax credits are a valuable incentive for companies investing in innovation. One of the key components is working out staffing costs in R&D tax credit claims. Understanding what staffing costs can be included in R&D tax credit claims is crucial for maximising your benefit. This guide provides a comprehensive overview of eligible staffing costs, ensuring you make the most of your R&D tax credits.
- [What Qualifies as R&D Expenditure?](https://www.fi-group.uk/what-qualifies-as-r-and-d-expenditure/): R&D tax relief schemes are designed to encourage innovation by allowing businesses to claim back certain types of expenditure. Understanding what qualifies as R&D expenditure is crucial for maximising your claim. This and the subsequently linked guides outline the main categories of expenditure that can be claimed under the current R&D tax relief schemes in the UK.
- [What Information is Needed for an R&D Tax Claim?](https://www.fi-group.uk/what-information-is-needed-for-an-rd-tax-claim/): Before starting it is important to know what information is needed for a R&D tax claim and gathering specific financial documents is crucial to ensure a smooth and accurate process. This guide outlines the key information and reports required from clients to kick off a new claim, along with tips to streamline the process and additional resources for further reading.
- [Denmark’s Offshore Wind Tender: What Went Wrong and How Others Succeed](https://www.fi-group.uk/why-denmarks-recent-offshore-wind-tender-received-no-bids/): Denmark's recent offshore wind tender, which aimed to add 3 GW of capacity, ended without a single bid. This outcome is surprising given Denmark's leadership in wind energy. Several factors contributed to this unexpected result, and contrasting these with successful approaches in other countries provides a clearer picture of what works and what doesn't in the offshore wind sector.
- [Overview of the ATI Strategic Programme](https://www.fi-group.uk/overview-of-the-ati-strategic-programme/): The Aerospace Technology Institute (ATI) Strategic Programme is a significant initiative aimed at maintaining and enhancing the UK's competitive position in the civil aerospace sector. This programme is a collaborative effort managed by the Department for Business and Trade (DBT), Innovate UK, and the Aerospace Technology Institute. Below is a detailed overview of the programme, including its funding, management, application process, eligibility criteria, support, evaluation, and post-application procedures.
- [CCAV – CAM Pathfinder 1 Feasibility Studies Grant](https://www.fi-group.uk/ccav-cam-pathfinder-1-feasibility-studies-grant/): The Centre for Connected and Autonomous Vehicles (CCAV) and Innovate UK are offering up to £2 million in funding for feasibility studies targeting early commercial Connected and Automated Mobility (CAM) opportunities. This initiative aims to support the UK supply chain in addressing technology gaps necessary for the deployment of CAM technologies.
- [R&D Tax Credits in the Maritime Sector](https://www.fi-group.uk/rd-tax-credits-in-the-maritime-sector/): R&D Tax Credits in the Maritime Sector are a crucial incentive designed to foster innovation and technological advancements within this vital industry. These credits offer financial relief to maritime companies that invest in developing new or improved products, processes, or services. By reducing the tax burden, R&D tax credits enable businesses to allocate more resources towards cutting-edge research, enhancing growth and competitiveness. This support is essential for driving sustainability and efficiency in maritime operations, ultimately benefiting the broader economy and ensuring the sector remains at the forefront of global trade and transportation.
- [The Automotive Transformation Fund (ATF): Grant Application Process](https://www.fi-group.uk/the-automotive-transformation-fund-atf-grant-application-process/): The automotive industry is at a pivotal moment, transitioning towards a more sustainable and electrified future. The UK government, through the Advanced Propulsion Centre (APC), has launched the Automotive Transformation Fund (ATF) to accelerate this transition. With up to £850 million in funding, the ATF aims to develop a high-value, end-to-end electrified automotive supply chain in the UK.
- [Scottish Enterprise: Research and Development Grants](https://www.fi-group.uk/scottish-enterprise-research-and-development-grants/): In today's fast-paced business environment, innovation is key to staying competitive. Scottish Enterprise's Research and Development (R&D) Grants are designed to support businesses in Scotland that are looking to innovate and grow. These grants provide crucial funding to help companies develop new products, processes, and services, ensuring they can compete on a global stage.
- [Carbon Capture in Scotland: Leading the Charge into the Future](https://www.fi-group.uk/carbon-capture-in-scotland/): In recent discussions surrounding climate change solutions, the UK government has made a significant commitment by pledging £21.7 billion in public funds over the next 25 years to develop the carbon capture utilisation and storage (CCUS) industry. This initiative aims to revitalise the UK’s industrial sectors and pave the way for a new era of clean energy. For Scotland, this could mean a transformative shift in how industries operate and contribute to the global fight against climate change. However, the path forward is fraught with complexities that companies must navigate carefully.
- [The Importance of R&D Tax Credits in the Life Sciences Sector ](https://www.fi-group.uk/rd-tax-credits-in-the-life-sciences-sector/): As the life sciences sector evolves, grasping the role of R&D tax credits becomes essential for companies aiming to succeed in a competitive landscape. These tax incentives provide crucial financial support and promote innovation, which is fundamental for the advancement of new therapies and medical technologies. Given the complexities involved in drug development and the continually changing regulatory environment, R&D tax credits act as a vital resource for companies striving for scientific advancement. 
- [The Risks of Using AI in R&D Tax Claims: A Cautionary Tale](https://www.fi-group.uk/risks-of-using-ai-in-rd-tax-claims-a-cautionary-tale/): As the UK Managing Director at FI Group, I recently encountered a prospect who was handling his R&D tax claims internally. To save time, he decided to use ChatGPT to write his report. On the surface, the output was impressive: a tailored report based on HMRC guidance with a detailed description of his technology. However, upon closer inspection, we identified several anomalies that could jeopardise the claim.
- [How does the Autumn Budget 2024 affect your innovation funding?](https://www.fi-group.uk/how-does-the-autumn-budget-2024-affect-your-innovation-funding/): Innovation incentives, such as grants and R&D tax credits, play a crucial role in driving economic impact for the UK. In recent years, these have led to the creation of approximately 150,000 new jobs, particularly in highly skilled sectors like biotechnology, medical equipment, engineering, life sciences, and high-tech manufacturing. Sitting alongside these sources of non-dilutive funding is innovation debt, a key piece of the venture funding landscape that some businesses overlook. But how was the recent changes to the Budget impacted this funding landscape?
- [Overseas R&D Expenditure: Understanding the New Rule Changes](https://www.fi-group.uk/overseas-rd-expenditure-understanding-the-new-rule-changes/): The UK government has introduced significant changes to the R&D tax relief rules, particularly affecting overseas R&D expenditure. These changes, effective from April 1, 2024, are part of the Finance Act 2024 and aim to encourage more R&D activities within the UK. The key aspects of these new rules include:
- [Securing a £400k Manufacturing Grant for Evove ](https://www.fi-group.uk/securing-a-400k-manufacturing-grant-for-evove/): FI Group helped secure a regional manufacturing grant worth over £400k for membrane manufacturer Evove  
- [Commercial Applications of Space-Enabled Robotics: Agriculture](https://www.fi-group.uk/esa-funding-commercial-applications-of-space-enabled-robotics/): The European Space Agency (ESA) has launched funding for the Commercial Applications of Space-Enabled Robotics: Agriculture. This call for proposals invites innovative projects that leverage satellite technologies and robotics to enhance agricultural practices, making them more efficient, sustainable, and productive. In this blog, we will delve into the details of this funding opportunity, explore its potential impact on agriculture, and provide guidance on how to apply.
- [Innovate UK Grants: Empowering Innovation Across the UK](https://www.fi-group.uk/innovate-uk-grants-empowering-innovation-across-the-uk/): At FI Group, we recognise the pivotal role Innovate UK plays as the United Kingdom’s national innovation agency, part of UK Research and Innovation (UKRI). Innovate UK grants are essential in driving productivity and economic growth by supporting businesses in developing and realising the potential of new ideas. By providing funding, connecting businesses with partners, and offering expert advice, Innovate UK helps turn innovative ideas into commercial success.
- [Additional Information Form (AIF): Help Guide](https://www.fi-group.uk/additional-information-form-aif-help-guide/): The Additional Information Form (AIF) is a crucial development in the R&D tax relief landscape, introduced by HMRC in August 2023. This mandatory form aims to enhance the transparency and accuracy of R&D tax relief claims, ensuring that only legitimate claims are processed. The introduction of the AIF marks a significant shift in how businesses document and submit their R&D activities, providing HMRC with detailed insights into the nature and scope of the projects being claimed.
- [Grant Funding for Clinical Trials ](https://www.fi-group.uk/grant-funding-for-clinical-trials/): Clinical trials are an important stage of R&D for new pharmaceuticals, treatments and medical devices, building up evidence for both safety and effectiveness in human participants. They are also required by regulators like the MRHA in the UK and the FDA in the US before you can start selling your new medical product. They can also be costly and time consuming, however, and you can expect to spend over £25 million to bring a medical product through all the required stages. Explore grant funding for clinical trials below and contact and FI Grants expert to start the process towards application.
- [HMRC Compliance Impact on R&D Tax Claimants Amid 2024 Economic Challenges ](https://www.fi-group.uk/hmrc-compliance-impact-on-rd-tax-claimants/): HMRC Compliance Impact on R&D Tax Claimants
- [SMART: SCOTLAND Grant](https://www.fi-group.uk/smart-scotland-grant/): At FI Group, we are dedicated to supporting the growth and innovation of small and medium enterprises (SMEs). One of the key resources available to Scottish SMEs is the SMART: SCOTLAND grant, a research and development grant designed to support high-risk, highly ambitious projects. This grant is an excellent opportunity for businesses to explore and develop ground-breaking ideas with commercial potential.
- [Quantum Computing Funding: Innovate UK’s Quantum Missions Pilot](https://www.fi-group.uk/quantum-computing-funding/): The quantum computing funding landscape is on the brink of a significant transformation, thanks to Innovate UK’s latest initiative: the Quantum Missions pilot. This ground-breaking competition aims to propel the UK to the forefront of quantum innovation by offering substantial grant funding to pioneering projects in quantum computing and quantum networking.
- [UK Smart Grants – From Innovate UK](https://www.fi-group.uk/uk-smart-grants/): If you would like to talk about whether your company is eligible for UK Smart Grants or need further assistance, contact our grant experts today.
- [UKRI Net-Zero Grants: Accelerating the Green Economy](https://www.fi-group.uk/ukri-net-zero-grants/): UKRI Net-Zero Grants: Accelerating the Green Economy
- [AI Risk Research: UK’s AI Safety Institute Launches £4 Million Grant Programme](https://www.fi-group.uk/4-million-grant-programme-for-ai-risk-research/): This initiative, part of the Systemic AI Safety Scheme, is set to provide up to £200,000 in grants to around 20 researchers during its first phase.
- [Empowering UK MedTech SMEs: The Launch of the £4.2m MedTech Accelerator](https://www.fi-group.uk/uk-medtech-grant/): £4.2 million MedTech Accelerator: Rapid Regulatory Support Fund (MARRS) aims to provide crucial financial assistance to up to 140 UK-based MedTech SMEs.
- [UK-Singapore Business Collaboration Impact on Research and Development](https://www.fi-group.uk/uk-singapore-business-collaboration-impact-on-research-and-development/): UK-Singapore business collaboration impact on research and development looks to be positive with the recent deepening of collaborative ties.
- [Unlock Mental Health Innovation Grants with XR: Apply for Innovate UK’s £3.7 Million Funding Opportunity](https://www.fi-group.uk/unlock-mental-health-innovation-grants-with-xr/): In the fast-evolving landscape of healthcare, technology is playing an increasingly critical role in addressing mental health challenges. Innovate UK’s latest health innovation grants competition, Mindset Extended Reality (XR): Digital Therapeutics for Mental Health, offers UK businesses a unique opportunity to harness the power of extended reality (XR) in creating cutting-edge digital therapeutic solutions for mental health.
- [Regulatory Innovation Office: A New Era of UK Innovation](https://www.fi-group.uk/uk-regulatory-innovation-office-a-new-era-of-innovation/): In a significant move to accelerate the adoption of cutting-edge technologies, the UK government has launched the Regulatory Innovation Office (RIO). This new unit aims to reduce bureaucratic hurdles and speed up public access to transformative technologies, from AI in healthcare to emergency delivery drones.
- [The Cash Flow Impact of an HMRC R&D Tax Compliance Check](https://www.fi-group.uk/hmrc-rd-tax-compliance-check/): As an R&D advisor, I’ve encountered numerous CFOs and CEOs who assume their R&D tax claim process is fool-proof. Due to recent HMRC policy changes, combined with an increase in compliance checks, this assumption can have negative impacts to cashflow. Some rely on past experiences with different versions of HMRC, while others trust in their advanced technology. However, HMRC’s recent findings reveal that 36% of SME claims contain errors in their random enquiry program (MREP Results). Whether we agree or not, the House of Commons estimates that approximately 20% of claims undergo scrutiny, regardless of industry.
- [The Value of Automation Software in R&D Tax Claims](https://www.fi-group.uk/automation-software-in-rd-tax-claims/): Over the last 3 years, the UK has experienced an emergence of R&D tax platforms. These platforms are designed to reduce consultancy fees whilst maintaining a level of security, all with specialists and R&D tax consultants reviewing the technical report and costs.
- [What is R&D in The Manufacturing Sector?](https://www.fi-group.uk/the-manufacturing-sector/): Claiming R&D tax benefits within the manufacturing sector can lead to common questions on behalf of the filing entity. As a process guide, FI Group will walk through the relevant qualifications, highlight the key benefits of investing in innovation, and describe the claiming process for potential beneficiaries. 
- [Detailed Guide to Video Games Tax Relief](https://www.fi-group.uk/detailed-guide-to-video-games-tax-relief/): We have experience working with different game developers in the UK, so we understand how confusing tax relief for video games can be. Many studios we speak with struggle to figure out eligibility criteria, certification processes, and the complex calculations involved in claiming government incentives.
- [The Impact of Capitalisation vs. Expensing on UK Firms’ R&D Expenditures](https://www.fi-group.uk/research-and-devopment-capitalization-costs/): In the dynamic landscape of business and innovation, the accounting treatment of Research and Development (R&D) expenditures plays a pivotal role in shaping financial reporting and influencing strategic decisions. This article delves into the effect of capitalisation versus expensing on the amount of R&D expenditures for UK firms, exploring the implications of these accounting practices.
- [R&D in the Energy and Environmental Sectors – Tax Incentives in the UK](https://www.fi-group.uk/r-d-in-energy-environmental-sectors/): The global call for sustainable practices has magnified the importance of research and development (R&D) in the Energy and Environment sectors. In this comprehensive exploration, we delve deeper into the thriving landscape of R&D in these sectors, shedding light on the invaluable role played by innovative enterprises. 
- [A Guide to R&D Capital Allowances](https://www.fi-group.uk/rd-capital-allowances/): As a business owner in the UK, you're likely facing challenges when it comes to funding your research and development (R&D) projects. The costs of innovation can be high, and you might be worried about how these expenses will impact your company's financial health. R&D Capital Allowances are a type of tax relief that can help ease these financial pressures. They allow UK businesses to deduct the cost of certain R&D-related assets from their taxable profits.
- [R&D Tax Credit Claim Deadline and How Far Back you Can Claim it](https://www.fi-group.uk/rd-tax-credit-claim-deadline/): In the dynamic landscape of business innovation, understanding the R&D tax credit claim deadline is pivotal for companies seeking to maximise their financial benefits. This comprehensive guide delves into the intricacies of the R&D claim deadline and sheds light on how far back companies can retroactively claim these credits.
- [What is RDEC: A Comprehensive Guide to Research and Development Expenditure Credit](https://www.fi-group.uk/what-is-rdec/): In the dynamic landscape of business innovation, understanding government incentives is pivotal. One such incentive in the UK that plays a crucial role in fostering research and development is the Research and Development Expenditure Credit (RDEC). 

## Pages
- [Smart Grant UK Funding Experts](https://www.fi-group.uk/smart-grant-uk-funding-experts/): If your business is developing cutting-edge technology or a breakthrough solution, the Smart Grant offers a rare opportunity to fund that innovation. As one of the UK’s most prestigious and competitive innovation funding programmes, it supports transformative ideas with clear commercial potential. In this guide, we break down how it works, who can apply, what funding is available, and why partnering with a strategic expert like FI Group gives you a decisive edge.
- [ESA Grant Funding Support for UK Companies](https://www.fi-group.uk/esa-grant-funding-support-for-uk-companies/): Accelerate space-enabled innovation with ESA funding. From satellite communications to Earth observation and technology transfer, FI Group UK provides end-to-end support to help your organisation secure and deliver ESA grants.
- [AUKUS Grant Support for UK Companies](https://www.fi-group.uk/aukus-grant-support-for-uk-companies/): Tap into trilateral defence innovation funding through AUKUS Pillar II. This unique initiative from the UK, US, and Australia is designed to accelerate the development and deployment of interoperable defence technologies across strategic domains. With FI Group’s deep expertise in grants and cross-border delivery, UK companies can navigate the complexity of AUKUS funding confidently and competitively, from proposal to prototype.
- [Horizon Europe Cluster Projects](https://www.fi-group.uk/horizon-europe-cluster-projects/): Horizon Europe Clusters are multi-disciplinary, mission-driven funding programmes designed to address the European Union’s most pressing societal and industrial challenges. Cluster projects are a key part of Pillar II: Global Challenges & European Industrial Competitiveness, offering high-value funding for international consortia to tackle thematic priorities.
- [EIC Transition Grant UK](https://www.fi-group.uk/eic-transition-grant-uk/): Advance your breakthrough innovations from lab to commercialisation with the EIC Transition Grant – and FI Group’s expert European support.
- [MSCA Grants for UK Companies](https://www.fi-group.uk/msca-grants-for-uk-companies/): Support cross-border research excellence, attract global talent, and boost innovation impact with expert guidance on MSCA grants from FI Group.
- [Horizon Europe Clusters for UK Companies](https://www.fi-group.uk/horizon-europe-clusters-for-uk-companies/): Horizon Europe Clusters are mission-driven funding streams under Pillar II of Horizon Europe, the EU’s flagship research and innovation programme. Each Cluster is focused on solving global challenges in areas such as health, climate, digital technology, food systems, security, and more.
- [Eurostars Grants For UK Companies](https://www.fi-group.uk/eurostars-grants-for-uk-companies/): Eurostars Grants are designed for R&D-performing SMEs that want to fast-track international collaboration and bring new products, processes, or services to market. Co-funded by the European Union through Horizon Europe and national funding bodies like Innovate UK, the Eurostars programme supports projects led by innovative SMEs working with partners across participating countries.
- [Horizon Europe Pathfinder Grant Support](https://www.fi-group.uk/horizon-europe-pathfinder-grant-support/): The Horizon Europe Pathfinder Grant supports visionary research and early-stage technology development, funding high-risk, high-gain projects with transformative potential. It is part of the European Innovation Council (EIC) and focuses on breakthrough scientific ideas that could create new markets or industries in the future.
- [EIC Accelerator Grant Support UK](https://www.fi-group.uk/eic-accelerator-grant-support-uk/): The EIC Accelerator Programme is a key funding initiative under Horizon Europe, designed specifically for innovative SMEs and start-ups looking to scale up breakthrough technologies and enter new international markets. Managed by the European Innovation Council (EIC), the programme provides substantial financial support along with business acceleration services to facilitate rapid growth and commercialisation of high-risk, high-impact innovations.
- [Horizon Europe Grant Support UK](https://www.fi-group.uk/horizon-europe-grant-support-uk/): Unlock European funding for innovation, R&D, and market-scale impact with FI Group’s strategic Horizon Europe support services.
- [R&D Tax Enquiry Defence UK – HMRC Enquiry Support for R&D Claims](https://www.fi-group.uk/rd-tax-enquiry-defence-uk-hmrc-enquiry-support-for-rd-claims/): If you’ve received an HMRC enquiry letter about your R&D tax credit (R&D tax relief) claim, you know it can threaten your hard-won funding. Don’t face it alone. Our R&D Tax Enquiry Defence service helps UK businesses protect their innovation incentives, handling every step, from HMRC correspondence and technical justification writing to full tribunal support, so you keep the R&D tax relief you deserve.
- [The Grant Application Guide by Industry Experts](https://www.fi-group.uk/grant-application-guide-by-industry-experts/): Public funding is a crucial lifeline for innovative SMEs in the UK and Europe. But navigating complex eligibility rules, structuring a competitive proposal, and meeting funder expectations can be a challenge. That is why we created the Grant Application Guide — a clear, structured resource to help your business succeed.
- [Documents Required in a Bid – Step 6](https://www.fi-group.uk/documents-required-in-a-bid/): As part of our grants writing service, we always keep track of all Documents Required in a Bid, so you don’t have to. Familiarity with every required file well in advance of the deadline is crucial for writing a winning bid. This ensures you avoid last-minute scrambles to produce unexpected appendices, a missed opportunity to convey vital technical and commercial details.
- [Sales Strategy for Grant Funding – Step 5](https://www.fi-group.uk/sales-strategy-for-grant-funding/): One of the most overlooked elements in Sales Strategy for Grant Funding is how the innovation translates into market success. While technical strength is crucial, funders like Innovate UK and Horizon Europe also want confidence that your Sales Strategy for Grant Funding is commercially viable, realistic, and impactful.
- [Calculate Project Costs for Grant Applications – Step 4](https://www.fi-group.uk/calculate-project-costs-for-grant-applications/): To calculate project costs for grant applications effectively, you need a budget that is accurate, well justified, and aligned with delivery. While innovation and impact often take centre stage, assessors place significant weight on your cost breakdown. A thoughtful, transparent approach to budgeting shows that your proposal is not only ambitious but also feasible and cost-effective.
- [Write an Effective Project Plan – Step 3](https://www.fi-group.uk/write-an-effective-project-plan/): A compelling grant application is only as strong as the delivery plan that underpins it. To convince assessors that your innovation is both viable and fundable, you must write an effective project plan that clearly outlines how you will bring your idea to life, from concept to commercialisation.
- [Writing A Winning Bid – Guide – Step 2](https://www.fi-group.uk/writing-a-winning-bid-guide-step-2/): Securing grant funding isn't just about having a great idea. It's about telling a compelling story—one that clearly outlines the need for your innovation, why your solution is better than anything currently available, and how your team will deliver impact. Writing a winning bid means bringing together strong technical evidence, commercial reasoning, and a clear understanding of the funding body's priorities.
- [Find Innovation Funding – Step 1](https://www.fi-group.uk/find-innovation-funding-today-guide/): Navigating the UK and European grant landscape can feel daunting. With numerous funding bodies, constantly changing competition calls, and stringent eligibility requirements, people often struggle to find innovation funding that aligns with their project goals. In this guide, we break down the top funding sources and competitions, helping you make informed choices with confidence.
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- [Contact](https://www.fi-group.uk/contact/): Discover new funding opportunities for your company’s projects.

## Grants
- [DRIVE35 Feasibility Studies Grant 2025](https://www.fi-group.uk/grants/drive35-feasibility-studies-grant-2025/)
- [DRIVE35 Innovation Fund 2025](https://www.fi-group.uk/grants/drive35-innovation-fund-2025/)
- [Commercialising Knowledge Assets Fund Autumn 2025](https://www.fi-group.uk/grants/commercialising-knowledge-assets-fund-autumn-2025/)
- [Contracts for Innovation: Construction Resource Efficiency Grant 2025](https://www.fi-group.uk/grants/contracts-for-innovation-construction-resource-efficiency-grant-2025/)
- [Contracts for Innovation: Chemicals Sector Efficiency Grant – 2025 Competition](https://www.fi-group.uk/grants/contracts-for-innovation-chemicals-sector-efficiency-grant-2025-competition/)
- [Contracts for Innovation: Automotive Resource Efficiency Grant – 2025 Competition](https://www.fi-group.uk/grants/contracts-for-innovation-automotive-resource-efficiency-grant-2025-competition/)
- [Transdisciplinary Research to Tackle Antimicrobial Resistance Grant](https://www.fi-group.uk/grants/antimicrobial-resistance-grant/)
- [Biological Influence on Ocean Carbon: Novel Modelling Approaches](https://www.fi-group.uk/grants/biological-influence-on-ocean-carbon-novel-modelling-approaches/)
- [Ofgem Strategic Innovation Fund Round 4 Discovery – May 2025](https://www.fi-group.uk/grants/ofgem-strategic-innovation-fund-round-4-discovery-may-2025/)
- [Contracts for Innovation: Quantum Sensors and PNT Missions Primer](https://www.fi-group.uk/grants/contracts-for-innovation-quantum-sensors-and-pnt-missions-primer/)
- [ESA: Advanced Agricultural Monitoring and Management Solutions](https://www.fi-group.uk/grants/esa-advanced-agricultural-monitoring-and-management-solutions/)
- [ESA: Coastal Resilience to Climate Change](https://www.fi-group.uk/grants/esa-coastal-resilience-to-climate-change/)
- [Future Leaders Fellowships Round 10 (Business & Non-Academic) – 2025](https://www.fi-group.uk/grants/future-leaders-fellowships/)
- [Defence Innovation Loans](https://www.fi-group.uk/grants/defence-innovation-loans/)
- [Defra Farming Innovation Investor Partnership 2025](https://www.fi-group.uk/grants/defra-farming-innovation-investor-partnership-2025/)
- [Canada-UK Semiconductors 2025 – UK-Canada Joint Innovation Funding](https://www.fi-group.uk/grants/canada-uk-semiconductors-2025/)

## Partners
- [Spanish Chamber of Commerce in the United Kingdom](https://www.fi-group.uk/partner/spanish-chamber-of-commerce-in-the-united-kingdom/): The Spanish Chamber of Commerce in the United Kingdom was founded in London in December 1886 as an association freely established by Spanish and British merchants, industrialists and other professionals with the objective of advancing the economic and commercial relations between Spain and the United Kingdom.
- [Sprk Capital](https://www.fi-group.uk/partner/sprk-capital/): Sprk was founded to solve the cashflow needs of SMEs as they look to scale, grow and innovate, providing a non-dilutive source of capital. They believe in transparency, speed and certainty of finance.
- [BioIndustry Association (BIA)](https://www.fi-group.uk/partner/bioindustry-association-bia/): The BioIndustry Association (BIA) is the leading trade association for the innovative life sciences and biotech industry in the UK. Established in 1989, the BIA represents over 600 member companies, including start-ups, emerging biotech firms, large pharmaceutical companies, academic institutions, research organisations, and service providers. The association's mission is to enable and connect the UK ecosystem, fostering an environment where businesses can start, grow, and deliver world-changing innovation. The BIA works closely with the government to develop policies that support the growth of the biotech and life sciences sector, ensuring that the industry's voice is heard on critical issues. By providing access to funding, resources, and networking opportunities, the BIA helps its members scale their businesses and achieve their full potential.
- [Forth and Tay Offshore (FTO)](https://www.fi-group.uk/partner/forth-and-tay-offshore-fto/): Forth and Tay Offshore (FTO) is a prominent network dedicated to promoting the offshore wind sector on the east coast of Scotland. Established to drive the growth of offshore energy, FTO works on behalf of its members to enhance the capabilities of companies and organisations within the industry. The cluster's mission is to support innovation, collaboration, investment in skills, and market awareness among relevant businesses. FTO aims to build upon the region's well-established strengths by developing its supply chain and workforce, aligning with the commitments in the Offshore Wind Sector Deal.

## Resources
- [AMR Grant Guide: Secure Up to £3 Million in UKRI Research Funding](https://www.fi-group.uk/resource/amr-grant-guide-secure-up-to-3-million-in-ukri-research-funding/): UK Research and Innovation (UKRI) has launched a major funding opportunity for 2025: the Transdisciplinary Research to Tackle AMR call. With up to £3 million available per project, this is a rare opportunity for UK research institutions to lead bold, high-impact projects that address antimicrobial resistance across human, animal, and environmental systems.
- [Innovate UK Innovation Loans 2025 Guide: Propel Your Business Growth](https://www.fi-group.uk/resource/innovate-uk-innovation-loans-2025-guide/): Unlock your business's innovative potential with the Innovate UK Innovation Loans Round 22. Designed specifically for UK SMEs, these loans offer patient capital to bridge the crucial gap between late-stage research and full market commercialisation.
- [International R&D Tax Incentives Guide 2025](https://www.fi-group.uk/resource/international-rd-tax-incentives-guide-2025/): R&D tax relief isn’t just local. Governments around the world are competing to reward innovation. Whether you’re expanding internationally or already managing multi-country claims, our 2025 guide is your essential resource for navigating global R&D incentives.
- [International Grants Guide 2025](https://www.fi-group.uk/resource/international-grants-guide-2025/): The FI Group’s International Grants Guide 2025 is a comprehensive reference for businesses and institutions looking to leverage public funding opportunities worldwide. Covering over a dozen countries, the guide breaks down national and regional schemes that support R&D, innovation, energy efficiency, sustainability, and industrial transformation.
- [Top Mistakes Made in R&D Tax Claims](https://www.fi-group.uk/resource/top-mistakes-made-in-rd-tax-claims/): R&D tax relief offers a powerful opportunity for innovative companies to recover significant costs. But making even minor mistakes in your claim could mean missed opportunities—or worse, HMRC scrutiny.

## Sectors
- [Biotech Grants and R&D Tax](https://www.fi-group.uk/sector/biotech-grants-and-rd-tax/): The UK’s biotech sector plays a pivotal role in delivering breakthrough healthcare solutions, from next-generation therapeutics to synthetic biology and precision diagnostics. To accelerate innovation in this high-risk, high-reward field, the government offers a range of biotech grants and R&D tax relief opportunities.
- [Pharmaceuticals R&D Tax and Grants](https://www.fi-group.uk/sector/pharmaceuticals-rd-tax-and-grants/): The UK pharmaceutical sector is a global leader in drug discovery, clinical development, and advanced manufacturing. Yet, the path from molecule to market is long and capital intensive. That’s why pharmaceuticals grants and R&D tax relief play a crucial role in supporting innovation across the industry.
- [Manufacturing Grants and R&D Tax](https://www.fi-group.uk/sector/manufacturing-grants-and-rd-tax/): The UK manufacturing sector continues to be a vital contributor to economic growth, driven by innovation in automation, sustainability, materials science, and digital transformation. To support these advancements, a combination of manufacturing grants and R&D tax relief is available to incentivise research, development, and process improvement.
- [Innovation Grants for AI & R&D Tax for Artificial Intelligence Innovation](https://www.fi-group.uk/sector/innovation-grants-for-ai-rd-tax-for-artificial-intelligence-innovation/): Through a combination of Innovation Grants for AI and R&D Tax Relief for AI Projects, FI Group helps UK companies leverage financial incentives designed specifically to support intelligent technology innovation.
- [Innovation Grants for Software & R&D Tax](https://www.fi-group.uk/sector/innovation-grants-for-software-rd-tax/): FI Group helps UK businesses maximise access to Innovation Grants for Software Projects and optimise R&D Tax Relief for Software Development, turning your technical challenges into tangible financial support.
- [Engineering Grants and R&D Tax Credits](https://www.fi-group.uk/sector/engineering-grants-and-rd-tax-credits/): Bringing innovative products to market involves complex design, prototyping, and testing phases — all of which can be eligible for government funding. Whether you're advancing new materials, mechanical systems, electronics, or hardware integration, both Innovation Grants for Product Development and R&D Tax Credits for Engineering can help reduce costs and accelerate delivery.
- [Agri-Tech Grants & Smart Farming Tax Relief UK](https://www.fi-group.uk/sector/agri-tech-grants-smart-farming-tax-relief-uk/): The UK’s agri-tech sector is advancing rapidly, driven by the need to increase productivity, sustainability, and food security. From precision farming and robotics to biotechnology and data analytics, innovation is transforming the agricultural landscape. Businesses developing new agri-tech solutions may be eligible for a combination of Agri-Tech Grants and Smart Farming Tax Relief through the UK's R&D tax credit system.
- [Fintech Innovation Grants & R&D Tax Credits UK](https://www.fi-group.uk/sector/fintech-innovation-grants-rd-tax-credits-uk/): The UK is a global leader in financial technology, with thousands of firms driving digital transformation across banking, payments, insurance, and investment. From blockchain and open banking APIs to AI-driven fraud detection and ESG analytics, innovation is reshaping financial services. For fintech companies, access to Innovation Grants and R&D Tax Relief can play a pivotal role in accelerating development and de-risking early-stage investment.

## Services
- [Innovate UK Grant Funding](https://www.fi-group.uk/service/innovate-uk-grant-funding/): Innovate UK grant funding is a government-backed financial incentive that helps UK-registered businesses fund research and development (R&D) projects. It provides non-repayable grants to support innovation, commercialisation, and growth across all sectors.
- [Enhanced R&D Intensive Support (ERIS)](https://www.fi-group.uk/service/enhanced-rd-intensive-support-eris/): The UK Government introduced Enhanced R&D Intensive Support (ERIS) as part of its wider reform of R&D Tax Reliefs, offering additional financial support for the most innovative, R&D-focused small and medium-sized enterprises (SMEs). At FI Group, we specialise in navigating the nuances of this enhanced scheme to ensure companies undertaking substantial R&D receive the highest possible level of support. Backed by our expert consultants, PhD-qualified technical teams, and global presence, we help clients claim with confidence, even under increased HMRC scrutiny.
- [Eligibility for R&D Tax Credits in the UK](https://www.fi-group.uk/service/eligibility-for-rd-tax-credits-in-the-uk-a-comprehensive-guide/): Determining your eligibility for R&D tax credits is crucial because many companies underestimate their chances of qualifying. We speak to companies every day who assume R&D incentives “don’t apply” to them – in reality, the definition of R&D for tax purposes is broader than you might think.
- [R&D Tax Credit Claim Process](https://www.fi-group.uk/service/rd-tax-credit-claim-process/): Navigating the complexities of R&D Tax Credits can be challenging, particularly under the evolving and increasingly scrutinised UK tax landscape. At FI Group, we act as your trusted partner in navigating this landscape, offering a comprehensive and highly tailored R&D Tax Credit service. With a multidisciplinary team that includes PhD-qualified scientists, engineers, and specialist tax professionals, we work across every stage of the claim process; from initial eligibility assessment to HMRC submission and defence.
- [Video Games Tax Relief (VGTR) & VGEC](https://www.fi-group.uk/service/video-games-tax-relief-vgtr-vgec/): Video Games Tax Relief (VGTR) is a government-backed incentive designed to support the UK’s thriving video games industry. Available to UK-based video games development companies, VGTR enables eligible businesses to claim a significant tax relief or payable credit for qualifying production expenditure. It is part of the UK’s broader Audio-Visual Expenditure Credit (AVEC) framework, which also covers film, animation, and high-end television.
- [Merged R&D Scheme (UK)](https://www.fi-group.uk/service/merged-rd-scheme-uk/): As of 1 April 2024, the UK government has introduced a new Merged R&D Tax Relief Scheme, which consolidates the previous SME and RDEC schemes into a single, streamlined credit system. This change aims to simplify the R&D tax landscape, provide consistency across businesses, and target relief towards genuine innovation.
- [SME R&D Tax Relief](https://www.fi-group.uk/service/sme-rd-tax-relief/): Small and medium-sized enterprises (SMEs) in the UK can claim generous tax relief on qualifying R&D expenditure. Under the SME R&D tax relief scheme, companies may deduct 186% of eligible costs (100% ordinary plus 86% enhanced deduction) against taxable profits. Loss-making SMEs can also surrender losses for a cash tax credit. The payable credit is 10% of surrendered losses (rising to 14.5% if the project meets the R&D intensity test for expenditure after April 2023). These figures reflect the changes introduced in April 2023. (From accounting periods beginning on or after 1 April 2024, companies must instead claim under the new merged R&D scheme, as explained on our Merged R&D Scheme page.)
- [R&D Expenditure Credit (RDEC)](https://www.fi-group.uk/service/rd-expenditure-credit-rdec/): The R&D Expenditure Credit (RDEC) is a UK government incentive designed to encourage large companies and certain SMEs to invest in research and development. Unlike the SME scheme, RDEC operates above the line in the accounts, meaning it appears as income in the profit and loss statement and is visible to shareholders and stakeholders. For accounting periods beginning on or after 1 April 2023, the RDEC rate increased from 13% to 20% of qualifying R&D expenditure.
- [Bid Writing Services](https://www.fi-group.uk/service/bid-writing-services/): In today's competitive funding landscape, a well-crafted bid can be the difference between securing innovation funding and missing out. FI Group offers professional Bid Writing Services and Grant Writing Service support to UK businesses looking to enhance the quality, clarity, and competitiveness of their applications for innovation funding.
- [Bid Management](https://www.fi-group.uk/service/bid-management/): Securing innovation funding requires more than just writing a good proposal. It demands strategic planning, stakeholder coordination, and effective project governance. FI Group offers end-to-end Bid Management Services and Grant Management Service support to streamline the full lifecycle of funding applications — from opportunity identification to post-award compliance.
- [UK Grant Competitions](https://www.fi-group.uk/service/uk-grant-competitions/): UK Grant Competitions are a crucial source of innovation funding for businesses looking to accelerate research, develop new technologies, and bring novel solutions to market. These competitive funding calls, often run by Innovate UK and other UK public sector bodies, provide businesses with a unique opportunity to access non-dilutive capital while validating their ideas and expanding R&D activities.
- [EU Innovation Grants Funding](https://www.fi-group.uk/service/eu-innovation-grants-funding/): Even after the UK’s departure from the European Union, UK companies can still access a wide range of EU Innovation Grants Funding opportunities. From Horizon Europe to EUREKA programmes, these schemes support cutting-edge research, technology development, and cross-border collaboration.
- [R&D Tax Credit Review Service](https://www.fi-group.uk/service/rd-tax-credit-review-service/): R&D Tax Credits remain one of the most valuable incentives for innovative UK companies, but claiming them correctly is more challenging than ever. With increased HMRC scrutiny, evolving legislation including the Merged Scheme and R&D-intensive relief and more frequent enquiries, reviewing your R&D claims for compliance and accuracy is essential.
- [Patent Box Scheme](https://www.fi-group.uk/service/patent-box-scheme/): The UK’s Patent Box scheme offers a significant tax incentive for innovative companies. By applying a reduced corporation tax rate to profits earned from patented inventions, the Patent Box Tax Relief rewards businesses that develop and commercialise IP in the UK.
- [R&D Claim Enquiry Defence](https://www.fi-group.uk/service/rd-claim-enquiry-defence/): As HMRC increases its scrutiny of R&D Tax Credit claims, the risk of enquiry has grown significantly. Even well-prepared claims may be challenged due to evolving guidance, inconsistent record-keeping, or presentation errors. An HMRC enquiry can delay payments, tie up internal resources, and result in clawbacks if not handled properly.
- [Innovate UK Innovation Loans](https://www.fi-group.uk/service/innovate-uk-innovation-loans/): The latest round of the Innovate UK Innovation Loans Future Economy competition (Round 22) is now open. From 3 July to 27 August 2025, UK-registered SMEs can apply for £100,000 to £5 million in flexible loan support to fund the development and deployment of late-stage innovations.
- [Debt Financing](https://www.fi-group.uk/service/debt-financing/): Debt financing is an increasingly vital funding tool for innovation-focused businesses seeking capital without giving up equity. At FI Group, we partner with Sprk Capital, a specialist innovation debt lender, to offer flexible, fast, and founder-friendly funding options tailored to your R&D and growth trajectory.
- [Non-Dilutive Funding](https://www.fi-group.uk/service/non-dilutive-funding/): Non-dilutive funding enables businesses to fuel growth and innovation without giving up ownership or equity. In the UK and internationally, there is a growing ecosystem of non-dilutive innovation funding options, from government grants and tax incentives to repayable finance mechanisms.
- [Innovation Grants UK](https://www.fi-group.uk/service/innovation-grants-uk-expert-support-from-fi-group/): Innovation Grants UK are a vital source of non-dilutive funding for businesses developing new technologies, products, or services. Whether you're an SME seeking to accelerate a concept or a large enterprise pursuing ambitious R&D projects, innovation funding can unlock substantial value and de-risk your investment in innovation.
- [R&D Tax Credits – What Are They & How to Claim?](https://www.fi-group.uk/service/rd-tax-credits-what-are-they-how-to-claim/): Research and Development (R&D) Tax Credits, also known as R&D Tax Relief, are UK government incentives designed to encourage innovation. They can reduce your company’s Corporation Tax bill or provide a cash payment for loss-making businesses, offering significant financial support. Depending on your company’s size, R&D intensity, and accounting period, the benefit can range from 10% up to nearly 27% of your qualifying R&D expenditure. In fact, even if your company is not yet profitable, you can receive a payable credit, which can be a vital lifeline for startups and R&D-intensive firms.

## Teams