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Business Funding Update

Sources Of Funding For Business Projects

In previous news, we have referred to a number of options available for getting funding towards business development projects. Here's an update on the funding options that have closed, and those that are still available.

R&D Tax Credits
The tax relief on allowable R&D costs is still at 230%. This means that for every £100 of qualifying costs spent you can deduct £130 from profit and thus reduce your Corporation Tax. Find out if you're eligible to make a saving.

Initial blog post (which discusses R&D tax credits at the previous value of 225%) : http://www.transcendit.co.uk/blog/posts/is-your-business-getting-its-r-d-tax-credits 

£3000 grant for high speed broadband
This grant is currently suspended due to monetary limitations. Although you cannot apply at the moment, the site does say an update will be posted soon.

Initial blog post: http://www.transcendit.co.uk/blog/posts/3-000-funding-for-high-speed-broadband-connections

North East Business Support Fund
A new fund has been announced. If you are starting a new project that could grow turnover and/or employ more staff, you could be eligible for a grant of up to £2800.

Initial blog post: http://www.transcendit.co.uk/blog/posts/fancy-2800-towards-your-next-business-endeavor

Investment for Growth
This fund is no longer available.

More funding options for small to medium businesses can be found at the following links:

http://www.nea2fguide.co.uk/funding-options/grants/

http://www.northeastfinance.org/the-funds.aspx


The Transcendit Way

Transcendit understand that when you choose to work with us, whether we're taking care of your IT, app or web development, you're trusting us with part of your business. So whether we're looking after your computers, phone systems or servers we always do things 'the Transcendit way'.

The whole of our team adhere to the same values, beliefs and policies - the principles that were written when Transcendit first formed in 2000. Whether you come to us for a refurbished computer, cloud services or recovery backup you can be confident that you'll always receive the same excellent service.

The Transcendit way outlines how we do business; following the same straightforward principles with every client and customer, regardless of how big or small they may be.

That means we get to know you and your business. We offer you a friendly, professional and efficient service, and we'll always be honest with you.
We understand that not everybody speaks fluent IT, so we try to explain things in a way that is simple and clear. We always spend as much time as is necessary explaining things to you.
If you need to talk to us about something, no matter how insignificant, we are only ever a phone call away – and we’re never too busy to make you a cup of tea and have a sit down with you in person.
We understand how frustrating it can be when things are late. When we schedule an appointment with you, we are there when you’re expecting us. If something prevents us from getting there, we always call you in advance to let you know.
Sometimes things can go wrong, but we never lie to you or try to cover something up. If things go askew we tell you what’s happened and how we plan to prevent it affecting your business.
We want you to continuously benefit from working with us. We regularly discuss your business and make suggestions for improving systems and processes wherever we can – but we never try to push you into a purchase.
When we quote a fixed price, that's always the amount we charge – you won’t find any nasty surprises on a bill from us. If you are paying by time and materials, we inform you if our approximations could change.
We understand the importance of privacy for your business and your customers. We respect the confidentiality of your data, and we will never pass on your information to third parties.
We appreciate it when you take the time to give us feedback. A system called CustomerSure records our client's responses, so you can trust that our reviews are from real people.
Find out what they're saying here.
Very friendly and helpful. Doesn't presume that you know much but at the same time doesn't speak to you as if you know nothing. Very pleased with my contact. Christine Gibbs, KSA Group Ltd

Based on 5933 reviews our customers rate us 9.8/10. Reviews and ratings by Customersure. 15-August-2017

Transcendit are proud sponsors of CHUF, the Children's Heart Unit Fund.