Counting King, a leading expert in Research and Development (R&D) Tax Relief and business funding consultancy, is proud to announce its partnership with CDI, a groundbreaking program initiated by Innovate UK. This collaboration aims to empower businesses through universities and regional colleges across the North of England to drive innovation and support businesses in sectors such as cybersecurity, artificial intelligence (AI), immersive technology, and additive manufacturing.
CDI, in partnership with renowned institutions including Manchester Metropolitan University, The University of Manchester, Salford University, Lancaster University, and several regional colleges, seeks to catalyse innovation in the North of England, mainly focusing on Greater Manchester. The program is a launchpad for businesses in emerging fields, providing vital resources and fostering growth in various technological sectors.
As part of this initiative, Counting King has been brought on board to lend its expertise in R&D tax relief and champion technology within the region. The company will be pivotal in assisting partner companies with their R&D functions, ensuring they can access the full spectrum of financial support opportunities available.
Counting King’s long-standing success in helping businesses claim R&D tax relief is underscored by the fact that over 1,000 clients have benefited from their services, with an impressive 98% being R&D clients. These claims, totalling over £40 million, have led to direct payments from HMRC or significant reductions in end-of-year tax bills. By reintroducing these funds into the economy, Counting King is actively contributing to the reinvestment and growth of businesses.
“Our partnership with CDI and the North West universities is a significant step in our commitment to nurturing innovation in the region. We believe that by educating businesses about R&D, helping them navigate grant funding, and enrolling them into programs like Patent Box, we can transform them into attractive investment opportunities,” explains Tom, a Business Funding Consultant at Counting King, with 20 years of experience in international trade and fintech sectors.
Leon, a Senior Tax Analyst at Counting King, added, “Navigating the complexities of R&D tax relief and funding can be daunting. We aim to simplify this process for businesses, allowing them the freedom to focus on their area of expertise, breaking new ground, rather than tax and legislation expertise”.
The partnership with CDI represents a pivotal moment for Counting King, reinforcing its commitment to fostering innovation in the North West of England and championing the growth of businesses across various cutting-edge industries.
For further information, please contact us at:
0800 8100 030
About Counting King:
Counting King is a national tax and funding practice that helps companies with their cash flow by sourcing grants, utilising government tax incentives or finance options such as business loans and more, helping them scale and grow!
For more please visit www.countingking.co.uk
CDI is a program initiated by Innovate UK, partnering with universities and regional colleges across the North of England, with a primary objective to drive innovation and technological advancements in the region. CDI provides support and resources to businesses in various sectors, including cybersecurity, artificial intelligence, immersive technology, and additive manufacturing.