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How to fund your New Product Development

Join partners, TBAT Innovation Ltd & Ignys Ltd to delve into the stages of New Product Development and how you can benefit from claiming R&D Tax Relief.

About this event

Ian Davie, Senior Consultant at TBAT, and Richard Fletcher, Director at Ignys Ltd are partnering to deliver a fascinating workshop on the process and stages of New Product Development and the types of eligible expenditure which can be claimed, every step of the way.

Developing new products can be time-consuming and costly, therefore understanding what’s involved and how you can re-coup up to 33% of your costs, could prove crucial to your development and future product designs.

In this webinar, we will cover:

  • The 5 stages of Product Development
  • How to navigate these stages for success
  • Which costs are eligible for R&D Tax Credits
  • How to claim R&D Tax Credits
  • Any Questions

Following this webinar, Ian and Richard are offering 1-to-1 sessions to discuss the support that TBAT and Ignys, can provide to your business; both for product development and claiming R&D Tax Credits, respectively.

About Ian Davie:

Ian Davie joined TBAT in 2016 as a Senior Consultant for the R&D Tax Credit Team. Ian began his career with Rolls-Royce as a Manufacturing Engineer and later spent 8 years at Pera Consulting working on the Manufacturing Advisory Service (MAS). Ian has vast experience working with Manufacturing businesses to review and suggest improvements for strategy, productivity, supply chains and innovation and now spends his time encouraging businesses to integrate R&D Tax into their funding strategy.

About Richard Fletcher:

Richard, Managing Director and Founder of Ignys, electronics design and software development consultancy, is an entrepreneur with a thirst for innovation who enjoys taking on the most challenging of projects. He has spent over 20 years in the electronics industry, gaining insights from R&D, engineering, and technical director roles, where he has developed successful products. Richard has spent the last 5 years building his Ignys team of engineers and designers, with rapid growth and an impressive vision created around helping companies across the globe to use the right toolkit and resources to step up their electronic projects. Richard and his team love to get stuck into these projects to make them a success with reliable, profitable outcomes that delight developers and customers alike.

TBAT Innovation Ltd:

TBAT Innovation Ltd are a value-led independent consultancy with over 19 years’ experience working with technology & research and development organisations all over the UK to fund their innovation. Their innovation support services include; Grant Funding, R&D Tax Credits, Video Game Tax Relief, Capital Allowances, SEIS/EIS and Patent Box.

Ignys Ltd:

Ignys is the electronics design and software development consultancy who believe in innovation with a heart. A team of problem-solving engineers who specialise in helping companies to bring their great tech ideas to life. The Elektra Design Team of the Year offer a range of product development services including Feasibility studies, Prototype development and scale-up for volume production.

Date and time
09 March 2022
10:30 - 11:30
Venue Address

Online

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