about r&d department

3. What is R&D
• R&D can be defined as any project to resolve
scientific or technological uncertainty
• It aimed to achieve an advance in science or
technology

4. Why R&D matters
R&D plays an important role in the innovation
process and future profits for companies
• Innovation results in high quality jobs,
successful businesses and more efficient
processes.
• The Government provides a comprehensive
range of support for business Research and
Development and Innovation (RDI), including
tax incentives and a range of other supports.

5. products relevant to business R&D&I
• Networking for innovation: supports businesses to build
relationships with knowledge base institutions to develop and
exploit new ideas;
• Knowledge Transfer Partnerships: grant to enable the
placement of a recently qualified person in a business, or the
exchange of staff between businesses and knowledge base
institutions;
• Innovation advice and guidance: this product aims to provide
businesses with expert knowledge and highly specialised,
technical and advanced skills, enabling them to innovate and
improve performance