Case studies professionals

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

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

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