R&D/NPD Process Improvement
Research & Development/ New Product Development is crucial for driving business forward in a competitive market, but the process can be inefficient and costly.
This service breaks down the current process, the costs associated with it and its success rate. I then build a process model that is tailored to the business needs, streamlining the R&D/NPD process to focus on business case development, feasibility and costs.
If your business is not currently claiming R&D Tax Credits, capturing this valuable data can be integrated into the process. R&D Tax Credits allow businesses to claim back 25% of their R&D spend against their corporate tax bill.
More information on R&D Tax Credits can be found here.
Clients may wish to undertake a standalone project focusing on R&D/NPD processes, and it can also be integrated as part of a larger project under the LeanStart grant program.