Research and Experimental Development on Natural Sciences and Engineering (2591)
Areas of R&D:
Development of a new polymer based product range. This represents an attempt to create a process and product which increases overall knowledge and capability within the garment industry/textile industry.
R&D Costs
Raw Expenditure (Identified Project Costs) – £981,085.10
Type of Benefit – Tax credit
Client Benefit – £288,191.29
Effective Rate of Benefit (%) – 29.94
£101,715.95
Client Benefit
Professional, Scientific and Technical Activity (0591)
Areas of R&D:
Business process management software that provides functionality, tailored specifically to the particular stress points and critical pathways, within the organisation.
R&D Costs
Raw Expenditure (Identified Project Costs) – £406,863.83
Type of Benefit – Repayment
Client Benefit – £101,715.95
Effective Rate of Benefit (%) – 25.00
Blue Letter Limited
Introduction
Blue Letter Ltd. are a ‘master’ loan broking company who run a UK based support centre for their clients and prospective clients. They maintain their market position by appreciably improving current processes, attempting new processes, and developing innovative new solutions, within their trade activity.
Areas of R&D:
Development of a new operating system
Creation of a new search engine using materially new search methods
Resolving hardware or software issues
Creation of new or more efficient algorithms
Improvement of security techniques
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