Grants & R&D Tax Credits

Explore support for innovation and growth.

Discover potential grants, understand R&D relief and plan the cash flow around your project.

Business grants

Grants support specified projects and objectives. Eligibility can depend on location, sector, business size and the proposed activity. Awards are competitive and are not guaranteed.

Check the conditions first

Some grants require matching funds or reimburse costs after they are incurred. Check eligible expenditure, deadlines, reporting requirements and when you may start spending. Failure to meet the conditions can lead to repayment.

Research and development tax relief

R&D relief is a tax measure, not a grant. For accounting periods beginning on or after 1 April 2024, the merged RDEC scheme and enhanced R&D intensive support replace the previous schemes. Eligibility depends on the project, company and expenditure. Ask a qualified tax adviser to assess your position.

Funding the wait

A grant award or expected tax relief does not necessarily put cash in your bank immediately. Where available, advance funding is a separate borrowing arrangement with its own eligibility, charges and repayment obligations.

Your next step

Prepare a clear project plan, budget and business objectives. Use the funding portal to explore potential grants, and check tax claims with your accountant.

Further reading: Swoop grant guide · HMRC R&D scheme guidance

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Funding 4 Business is not a lender. Funding is subject to eligibility, provider assessment and agreed terms. Registration does not guarantee funding.