Business Grant Services

We will help you identify the grants that align with your business objectives from the myriad of options available. Grants can be national such as Innovate UK or Horizon; regional such as InvestNI, Scottish Enterprise or given by local authorities. There are also grants available from private sources.

To find out more about the grants available and the application processes, you can visit the UK Government website and the departmental portals that align with your industry. The Government provides a comprehensive database of funding opportunities, including details on eligibility criteria, application guidelines and deadlines.

The UK government has also set up various regional hubs and online resources to assist businesses in understanding the types of grants they may be eligible for and how to apply.

The support we can provide to you in connection with your grant application process will depend on what kind of grant you apply for and what kind of information or analysis you need to include in your application. We can for example perform an economic analysis using statistical and other advanced modelling techniques that can support your grant application.

Post-award services

Successfully applying for a grant is just the start. It can be a lot of work to ensure that you meet the criteria for the expenditure and that you accurately and comprehensively account for how you use the grant. Our approach guarantees that all documentation is managed efficiently and transparently, providing you with peace of mind and freeing you to focus on how to use the grant.

Our approach guarantees that all documentation is managed efficiently and transparently, providing you with peace of mind and freeing you to focus on how to sue the grant.

Navigating the accounting treatment for grants can be tricky and onerous. In addition, some grants come with special conditions that require careful accounting, such as when only capitalised expenditure is eligible for recovery. Things will also change depending on whether you are dealing with UK GAAP or IFRS. We will guide you through the process to ensure your reporting is not just compliant but efficient too.

We'll show you how to accurately account for the grants you receive, ensuring compliance and clarity in your financial reporting. For example, understanding the difference between tangible and intangible assets is crucial. We will help you understand how each should be treated in your accounts.

Find out more about our Financial Reporting services.

We'll navigate the tax implications related to your grant, ensuring you're informed and prepared for any tax responsibilities or benefits. In some cases, grant income may restrict the recoverability of input VAT. Our VAT expert team can examine your specific case and advise on the correct treatment. Find out more about our VAT and Indirect Tax services

We will help ensure that your grant spending is verified and compliant, offering assurance that you're meeting the grant's conditions and expectations.

We have extensive experience of delivering reasonable assurance reports to grant recipients, responding to a variety of UK and international grant-giving bodies such as Innovate UK, UKRI, and the European Commission across a range of reporting requirements.

You can watch our guide to navigating the reasonable assurance reporting process.

We know that managing the financial aspects of grant applications and claims can be complex and time-consuming. We offer a comprehensive outsourcing services so that you can focus on your core business. We take responsibility for information gathering and collation, your application and invoice management. Our experience is that this approach helps streamline financial interactions between you and the grantor.

We will compile all the necessary details for your grant application and subsequent claims, organise the data into the right format and ensure that it meets the specific requirements of the grant provider. We will also raise invoices to your grant provider and ensure accurate and compliant reporting.

We look forward to discussing how we can help you make the most of the business grants to help you achieve your business goals. Please complete the ‘Contact us’ form and we will be in touch shortly.

Apart from grants the UK also offers lucrative tax incentives for businesses looking to invest in the UK and promote innovation. These tax credits and incentives are usually available in addition to other government and non-governmental grants, such as through Innovate UK or the EU Horizon programmes. To find out more information, visit our webpages here covering these services.