Northern tech partnership set to boost digital economy
R&D tax relief specialist Jumpstart has signed a partnership agreement with Digital Lancashire to boost the digital economy within the region.
Digital Lancashire represents around 800 digital and technology-based companies across the North West of England.
With offices and specialist staff throughout the UK, Jumpstart's team from its Manchester Office will support the Digital Lancashire initiative, creating value for the group's members.
As well as promoting tax incentives which support investment in innovation, Jumpstart will also offer advice in preparing robust defensible R&D tax relief claims to help aspiring digital businesses in the county realise their full benefit potential.
Formed three years ago by a group of business owners with the support of Lancashire County Council, Digital Lancashire has become the industry trade body for the area's rapidly growing digital sector.
The organisation, which is focused on developing the local digital skills base and hosting added-value events for its members, estimates the sector to be currently worth approximately £1 billion gross value add to the Lancashire economy each year.
"We're delighted to announce this new partnership with Digital Lancashire which is designed to help the sector continue to thrive by focusing on innovation,” said Jumpstart's North West of England business development manager Russell McGrath.
“We will work closely with member companies to ensure they are aware of the benefits offered by R&D tax credits which can help them fund their investment in innovation, making them more competitive. Where required, we can also advise firms on how to successfully prepare a claim for R&D tax relief."
Digital Lancashire head of communications Mark Twaite said: "This partnership will add real value for our members by raising awareness of the financial benefits available through the tax system for companies investing in research and development.
“Jumpstart is one of the UK's leading advisers in R&D tax credits and other forms of innovation-focused tax relief and we are very pleased to be working with them as we continue our focus on growing Lancashire's digital economy."