Category: Latest News

For innovative businesses R&D tax credits are a way of claiming tax back from HMRC (HM Revenue & Customs). R&D tax credits have been around for over 15 years yet by HMRC’s own statistics the relief is not being claimed as expected, especially in the SME sector.

SME – for the purpose of R&D tax credits an SME company is one with less than 500 employees and either:

• Turnover less than €100m; or
• Balance sheet total less than €86m

A company in any sector can potentially claim R&D tax credits, the key point is whether there are qualifying R&D activities being undertaken.

For every £10,000 spent on qualifying R&D the company can claim an additional £13,000 of tax relief 

To find out if you qualify and to learn more about R&D tax credits CLICK HERE to view the HMRC guidelines.

If you think you qualify and would like to make a claim just GET IN TOUCH.

We hope to hear from you soon.

A few weeks ago we went over to Tech Manchester to record our first every podcast as part of their Fast Forward episodes – Is Angel Investment right for you? We would love for you to give it a listen!

Today we’re taking part in the Sheffield Chamber Investment Clinic at the Sheffield Chamber of Commerce. We’ve already met with some really great SME’s who are looking in to what their funding options are. There are lots of ways in which you can fund your SME, get in touch to find out more about the funding landscape.

This week we are hosting our next Angel Only event over in York – these events are perfect if you’ve invested in the past and looking for a refresher, are an active Investor or are looking to become one. Subjects covered include: SEIS/EIS, Shareholders Agreements, A bank’s perspective and an Angel case study to put everything into context. If you interested in attending this event there’s still spaces available. Get in touch to find out more.

Over the next couple of months we are running some more Angel Only educational events at our Leeds and York groups. If you’re interested in becoming an Angel Investor or are actively investing then these events are for you! We have some fantastic speakers who will cover the following subjects:

• An overview of Angel Investment
• SEIS/EIS Tax Benefits 
• Shareholder Agreements 
• A Bank’s perspective 
• A case study to put Angel Investment into context 

If you would like to learn more about these events then please GET IN TOUCH and we will send you across the relevant information and invitation.

There are two types of angel investor, which are passive and active. Passive traditionally falls into the Crowd funding arena as a business would rarely get to meet the individuals who are investing. We work with active angel investors – people who will not only invest in the business but will also lend their support. Research from the UK Business Angel Association clearly shows how such support positively impacts on the growth and likely success of a business.

We currently have Angel Groups in the Leeds, Humber, York, Grimsby, Sheffield, Barnsley and Lincoln Regions. There is a considerable pool of both investment and support and our investors are looking for the next ambitious, high-growth business to work with – get in touch to find out more.

Even though as a company we live within the funding world we still get overwhelmed by the “Financial Jargon” and the complexity of it all, so we are never surprised when businesses approach us with this concern. 

What we strive to do is to help you make sense of what is available to you as a business, because each company’s funding journey will be different and needs to be treated as such. We don’t just specialise in Angel Investment, but can provide access to a range of growth funding including Innovation and R&D Grant Funding. 

Over the next few months we will be running pitching sessions most weeks at our Angel Groups, which cover the Leeds, Humber, Barnsley, Grimsby, York, Lincoln and Sheffield City Regions. It’s important to know that most Angel Investment comes hand in hand with support and mentoring, which is why the businesses we have worked with lean towards this route of funding. 

If you’re ready to begin your funding journey or are wanting to see what options are open to you, just get in touch. 

We hope to hear from you soon.

We’ve had another great week! Tuesday was our York pitching session and we had some fantastic businesses pitch for Investment and support – well done everyone, there was brilliant feedback from the Angels! Yesterday we ran our Angel Only event over in Barnsley at The Business Village where we had some great speakers covering subjects including SEIS/EIS and Shareholders Agreements. We’re running the session again in Sheffield next week, if you’re interested in Angel Investing or are actively investing then this event is for you! Get in touch for more information, we would love to hear from you.