Want to know more about our support?
About funding for Innovation & R&D
We offer a range of financial support to help your business innovate, boost growth, create new products, improve processes, and develop cutting-edge services. Whether you're exploring new ideas for the first time or advancing an established project, our funding programs are designed to provide the resources and expertise needed to accelerate your growth and enhance your competitive advantage
What funding options are available for innovation and R&D?
Who is eligible for an R&D Grant?
Funding for innovation and R&D is only available to Invest Northern Ireland clients. If you would like more information on becoming a client, see how we support business.
To be eligible, you must also meet the following criteria:
- You have discussed your proposed project with an Invest NI representative
- You have been issued with the new Grant for R&D application form with an individual reference number
Please note that if both these conditions are not met, applications will be returned to you.
HMRC R&D tax relief
HMRC R&D tax relief is a corporation tax relief that may reduce your tax bill. You may still be eligible for this relief if you meet the criteria for Invest NI funding. Your organisation can only claim R&D relief if you are liable for corporation tax. Grant for R&D is notified state aid, which means any project costs it supports will not be eligible for HMRC SME tax credits. However, you may still be able to benefit under the HMRC large company RDEC scheme.
For more information, contact your accountant or view the NI Corporate Tax office guidance.
Discover more
Find out how Display Note benefited from Research & Development support
Contact us
If you are interested in more information on funding for innovation and R&D, contact our Business Support Team on 0800 181 4422 or complete the enquiry form.