innovation21.ie

Commercialisation Fund Feasibility Studies

The aim of the Commercialisation Fund Programme is to improve the competitiveness of the Irish economy through the creation of technology-based start-up companies and the transfer of innovations, developed in Higher Education Institutions and Research Performing Organisations, to industry in Ireland. Enterprise Ireland recognises the excellence in applied research in the Higher Education sector and the need for business development expertise to complement researchers’ technical expertise, to develop strong commercialisation strategies for innovations. Innovation 21 helps companies through project assessments, Grant writing, submission and feedback as well as compliance and Monitoring.

Horizon 2020 Proposal Preparation

The Horizon 2020 scheme provides grant funding support for innovative projects that allow Small Medium Enterprises to grow and expand into other countries around Europe and elsewhere. Innovation 21 is committed to helping businesses prepare proposals for the Horizon 2020. Innovation 21 is also committed to helping Irish companies with the preparation of a Horizon 2020 proposal. We will assess company’s chances of success, we will write your grant application as well as help you prepare your financial plan, submit your grant application and help you comply with the conditions of your grant.

Knowledge Development Box Assistance

The knowledge development box (KDB) is a new company tax incentive that offers reduced rates on corporate tax on certain profits arising from a company’s intellectual property (IP). This relief applies to income from qualifying patents, computer programmes and, for smaller companies, certain other certified intellectual property (IP). To qualify, the company’s accounting period must begin on or after 1 January 2016. If a company qualifies for KDB, it may be entitled to a deduction equal to 50% of its qualifying profits. This means its qualifying profits may be taxed at 6.25%.

R and D Tax Credit Assistance

Innovation 21 is one of Ireland’s experienced specialist in R and D tax credit. With expertise in Tax and Finance, Innovation 21 is dedicated to assisting our clients maximize on R&D Tax Credits. Our company will work with every company size and scale. The R&D Tax Credits is designed to inspire innovation and increase spending on R&D activities for companies operating in Ireland. It has become one of the Irish governments top incentives for encouraging investment in research and development. Many businesses don’t realise that they qualify for R&D Tax Credits or that they are not claiming their full entitlement. In 2014, the Irish government allowed €553m in R&D tax credits, which was equivalent to 12% of all CT receipts.

Market research

Market research consists of systematically gathering data about consumers, companies and markets. Innovation 21 does this for you and analyses the data to better understand what a group of both potential and existing customers need and want. The data gathered can then be used by companies to make informed decisions about company’s strategies, operations and potential customer base. Innovation 21 understands that markets and industries are ever changing therefore consumer needs and preferences have also changed drastically. By conducting market research companies can use the data gathered by innovation 21 to focus their resources and efforts in the right direction. The company conducts both primary and secondary research with the aim of collecting authentic data.