Funding your latest innovation can quickly become a costly process, therefore it is vital as a business that you take advantage of any available funding opportunities.
Duku's wealth of experience in the sector provides your business with the best possible platform to showcase your product to potential investors and funders.
Duku has successfully helped clients from a broad range of industries to achieve a total of over £5 million in Government Innovate UK funding.
Our design team can visualise your intended design, establish the production costs and identify potential Intellectual Property to ensure your application answers all the important questions, giving your business the best chance of achieving the highest possible score in your bid. Duku can also provide the R&D resource as a project partner or sub-contractor to deliver a successful project.
Grants are available from by local or regional government bodies, or by organisations that focus on supporting businesses in specific regions of the UK.
Our team have experience working with clients who have successfully accessed regional funding from a variety of sources, including local Universities and Growth Hubs, helping progress their idea through the advancement of prototypes which test and prove their products.
RESEARCH & DEVELOPMENT
Research and Development (R&D) reliefs/credits are available to support companies that work on innovative projects in science and technology.
We recommend that our clients use a specialist tax accountant such as Crowthers Cheltenham to assist with recovering costs associated with R&D, in order to ensure a submitted claim is thoroughly evidenced and compliant.
Our sister company Albright IP can also advise on the Patent Box scheme administered by HMRC, which is available for products with a granted patent.
With Duku’s help, we will ensure your design is thoroughly developed, professionally presented and commercially viable, de-risking the investment to a funder.
Thorough prototyping, together with a robust Intellectual Property strategy, gives investors confidence that the project has been considered from every angle.