Refund Agency Director Pens New Book

Keith Trubshaw, Director of The Refund Agency, has just written a book entitled “R&D: Myth or Magic?… nine myths that can seriously damage your wealth”. It’s a light heated look at the very serious subject of how companies can access government cash in the form of Research and Development Tax Credits  through a little-understood piece of legislation designed to help businesses. The book cuts through the misunderstanding that surrounds what can or cannot be claimed. How, by simply having solved what to them were their every-day problems, a company can find itself on the receiving end of a financial windfall that they never expected.

The Refund Agency are new tenants at EIC and are specialists in securing companies these funds after first identifying their entitlement. They have helped many businesses claim tax credits, when often they were never even aware of their availability. In the book, Keith identifies various myths associated with R&D and the misunderstandings that people have when evaluating their own operations in this regard.

The opening pages feature a telling quote from a senior HMRC staff member who says: “We are sitting on a pile of money which we are tasked to give away, but no one comes for it because they either don’t know that it exists or if they do, they don’t know how to claim it properly.”

Keith himself says: ‘R&D tax credits are the government’s way of rewarding businesses for innovation; for making British business the best it can be . The trouble is that the words “tax credits” can be misleading; often being confused with payments made by government to members of the public who find themselves in need of support If we substitute the word “Credits” with “Rewards” then suddenly the whole thing looks totally different. “Research and Development Tax Rewards” is a much more accurate description. I secured my first grant when consulting for a local company in 2012. In doing so I used the services of a specialist, without whom the claim would not have succeeded.’

For anyone wanting to know more about the world of R&D tax credits, you can buy Keith’s book on Amazon now, or be sure to pop into The Refund Agency to get a copy for free.

Hi-tech New Pod at EIC

There has been great new addition to the modern and stylish furniture at EIC. Provided by Space Oasis, the new seating pod on the lower floor has given the informal meeting space another high-tech dimension.

The pod comes equipped with features including a 21-inch display screen – connectable to a laptop, as well as three-pin and USB power points and also walls and a table that act as a whiteboard!

Centre Manager Zoe Slattery said: “As part of the ongoing effort to improve the meeting and breakout areas around EIC, we are very pleased to have this new pod installed and it offers yet more innovative space in which our tenants can enjoy working.”

New Tenants Hoopy Host Tokyo Conference

Hoopy are a software development consultancy firm and new tenants of the e-Innovation Centre.

However, they were not in the building long before jetting off to Tokyo, where they were hosting one of their regular international developer conferences – DevRelCon Tokyo.

This was part of an international series of conferences, started by Hoopy in 2015, for people who build developer communities and developer experiences.

At each event, they bring together practitioners to share through talks, training and networking. Speakers at the events have included Anil Dash, Jono Bacon, Bear Douglas, James Governor, Dr Sue Black, and others. As well as Tokyo there are also editions in London, San Francisco, and China.

So welcome, Hoopy. A great addition to the EIC family!

Get Digital – Survive or Thrive

Representatives from EIC and BTC were in attendance at Get Digital – Survive or Thrive – an event held at Enginuity in Coalbrookdale by the Marches Growth Hub.

The event was all about enabling local businesses to find out all they need to know about how new technologies are changing the way we work.

The day began with a keynote speech by Bruce Daisley, the head of the European arm of Twitter. In an interesting and informative talk he detailed how he arrived at his current position, and also his opinions on what a productive and healthy workplace should be like.

Bruce was then joined on stage by local business leaders and academics, including Tim Luft, head of former BTC tenants VR Simulation, for a Q&A session.

Later in the day, there was an expo and also workshops for people to benefit from the knowledge of tech-savvy industry professionals. These included Web Development by Nick Carr of Focus Digital and also Smartphone Videos for Business by Stone’s Throw Media.

All in all, it was an extremely informative day and an important way of keeping the region’s businesses informed and engaged with current and future digital technologies.