There are a wide range of funding opportunities available to facilitate collaboration.
You might require financial help to get your project off the ground. A large number of our collaborative research projects are facilitated through funding streams.
Knowledge Transfer Partnership facilitates the transfer of academic knowledge and expertise to real life business strategic projects. Part funded by Government, the scheme is a unique opportunity for academic and business collaboration.
The President's Research Scholarships are flagship Cardiff University awards which carry the prestige of association with the University's Chancellor, the Nobel Prize for Medicine (2007) winner, Professor Sir Martin Evans.
Innovate UK aims to accelerate UK economic growth by stimulating and supporting business-led innovation through a variety of funding opportunities, Innovation Vouchers, SMART and themed competitions.
The biggest ever EU Research and Innovation programme with nearly €80 billion of funding available over 7 years (2014 to 2020). Horizon 2020 promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.
KESS II is a part funded initiative that supports collaborative research projects between the University and businesses. Offering Doctoral, MPhil and Research Masters awards to partners based in the West Wales and the Valleys (WWV) areas of Wales.
You may be eligible for financial incentives in the form of tax credits to help you access research and development (R&D) services from Cardiff University.
To qualify for R&D tax credits your business must meet certain criteria. If you can answer YES to all the questions below it may be worth seeking further advice from your accountant.
- Are you undertaking a project that seeks to achieve an advance in science or technology through the resolution of scientific or technological uncertainties?
- Can you define clearly the advance you are seeking?
- Can you state why the uncertainties were not able to be resolved by a competent professional?
- Does your project have identifiable start and end dates?
- Does your R&D relate to the current trade or one you intend to start up based on your R&D?
To be entitled to R&D tax credits the work must advance science or technology and the company must be liable to corporation tax.
There are numerous research and development relief schemes. There is more information on the HMRC website. HMRC Research and Development (R&D) tax credits are the largest single source of Government support for business research and development.