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Sources of Funding for Business Projects

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. The situation is always changing, so here is a brief update:

R&D tax credits: From 1st April, 2015, the tax relief on allowable R&D costs has increased from 225% to 230%. This means that for every £100 of qualifying costs spent you can deduct £130 from profit and thus reduce your Corporation Tax. See our initial blog post at http://www.transcendit.co.uk/blog/posts/is-your-business-getting-its-r-d-tax-credits.

£3,000 grant for high speed broadband is still available – see http://www.transcendit.co.uk/blog/posts/3-000-funding-for-high-speed-broadband-connections

With regards to NBSL Funding for projects up to £3,500, this is open for new applications until the end of July. It is anticipated that a new fund will be announced late summer/early autumn. See http://www.transcendit.co.uk/blog/posts/funding-for-north-east-business-improvement-projects.

Investment for Growth funding (http://www.transcendit.co.uk/blog/posts/40-funding-still-available) has been extended to June 2015.

There are many other grants available, depending upon the nature of your business and the type of development that you are doing. For a good guide to grants available in the North East, see http://www.nea2fguide.co.uk/funding-options/grants/.


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.
We have taken on some account managers from our local competitors, and by all accounts Paradigm is leagues ahead of anything else out there. The benefit it is giving our business from both an account manager's point of view and the back of house administrative aspect is fantastic. Ross Gill, IU Consult

Based on 5361 reviews our customers rate us 9.8/10. Reviews and ratings by Customersure. 28-February-2017

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