The problem

A new company whose founders had developed a concept of a rescue drone. Work had begun on the communication/signal side and integration into mobile devices. The idea was to have to ability to hail a camera carrying dring drone to your location in an emergency situation while also calling emergency services or security. The initial target market was University campuses. It had definite market potential but no way of investing to get it as development needed to be finalised and much had been spent on development costs so far.

What we did

Introduced the company to the R&D tax incentive as the company were still in the right development phase.

The outcome

They were reimbursed for some of their development costs and have the confidence to finalise development and to search for overseas markets.

The problem

The concept was building a multifunctional digital image that had interactive online content. Building the interface then the backend with multiple untried integrations with going to take a lot of development, but had huge potential especially with Real Estate photography.

What we did

With this type of software being a new approach to digital images, the development was going to be expensive and directors only had limited funds. The R&D tax incentive was utilised to reimburse some of the development cost and the next stage to proceed.

The outcome

With the extra funding, stage one could be completed. With the next stage, they then had a beta version they could demonstrate proof of concept.