A reminder of how R&D tax credits can save money for your brand

A reminder of how R&D tax credits can save money for your brand 1

Now that we enter into the final quarter of the year, a reminder to be thinking about R&D tax credits and broader Innovate UK funding as you plan your investment into innovation.

We have seen clients save as much as 65% on YF fees on all sorts of projects:

> New product development projects
> Supply chain restructuring projects
> Factory investment projects

While it is widely known that Innovate UK are tightening their criteria and allocation of funds, if you can access the funding, it is a no-brainer. We would encourage you all to look at the available grants and support with a fresh lens.

If we are working with you on a current project that translates to bringing innovative products to life (think the more product / supply chain linked projects), then make sure to bring this up with your contact at YF.

You can learn more about this here – and if you need a recommendation for someone to help you file the claim, we can point you in the right direction.

If you have any questions, do not hesitate to reach out to our team.

Who are YF?

Nowhere needs change more than the consumer goods industry, but nowhere is change harder. The products we consume every day have a profound impact on our health, wellbeing, and that of the world around us.

However, what is accessible to the average consumer remains stuck in the past. YF is here to fix that. Our goal is to drive innovation in FMCG.

We do this by working hand in hand with retailers and investors to make it easier for them to identify and get behind high potential brands. At the same time, we provide advisory and support services to brands to help them achieve mainstream scale. By supporting both sides, we can drive the flywheel of progress.

Our services span Market Entry and Expansion, Discovery Support, Portfolio Management, Innovation Consulting, Training, Supply Chain Management, Recruitment, HR, Commercial and Financial Advisory.

Our insight is uniquely fueled by our not-for-profit Brand Community which gives us a pulse over more than 1,500 brands in the UK.

Want to scale your brand? Get in touch with us today.

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