Company Market Research Report: GrantTree
Company Overview
- Name: GrantTree
- Mission: GrantTree is dedicated to facilitating access to funding in order to support growth and innovation for businesses.
- Founded: 2010
- Founders: Paulina Sygulska-Tenner and Daniel Tenner
- Key People:
- Bob Leung (CEO)
- Nicky Johnson (Chairman and CEO)
- Notable team members include Amy Brincoveanu, Dr. Luke Britton, and Claire Walker, among others.
- Headquarters: 35 Luke Street, London, EC2A 4LH, United Kingdom
- Number of employees: 11-50 employees
- Revenue: No information is available
- Known For: GrantTree is known for helping UK companies access R&D Tax Relief, grants, business loans, and non-dilutive financing sources.
Products
Services Offered
1. R&D Tax Relief:
- A service that assists businesses in claiming tax relief on qualifying research and development expenditures.
- Key Feature: Supports compliance and maximizes claims.
2. R&D Advance Funding:
- Provides upfront funding against R&D tax credits.
- Key Feature: Helps manage cash flow by advancing funds ahead of tax credits being processed.
3. Innovation Grants:
- Help companies secure grants from various funding bodies.
- Key Feature: Expert guidance on securing funding to support innovation.
4. Grants Advance Funding:
- Similar to R&D Advance Funding, allows access to grants ahead of actual disbursement.
- Key Feature: Immediate fund availability for project continuity.
5. Innovation Loans:
- Provides non-dilutive funding options to innovative projects needing capital.
- Key Feature: Loans without ownership dilution.
6. R&D Enquiry Defence:
- Defends R&D tax claims against inquiries or audits.
- Key Feature: Offers peace of mind and ensures continuity.
7. Resources and Consulting:
- Offers extensive resources and guidance on funding, including monthly newsletters and white papers.
- Key Feature: Specialist support to streamline funding strategies.
Recent Developments
- New Products or Features:
- GrantTree recently expanded its R&D Tax Team with four new hires, adding significant expertise to its service offerings.
- New Partnerships:
- No information is available
- Innovative Changes:
- Transition from a self-set pay model to a more traditional system to alleviate employee concern and improve salary satisfaction.
- Adoption of a new brand and website to improve user experience and client engagement.
- Regulatory Changes:
- Implementation of new restrictions on overseas R&D costs affecting relief eligibility for certain expenditures, aligning with government focus on UK-based innovation.
- Significant Achievements:
- Helped clients secure more than £400 million in funding.
- Shortlisted for the “Best Independent Tax Consultancy Award” by Tolley’s Taxation Awards.
Summary
GrantTree stands out as a consultancy firm focused on enhancing innovation by securing non-dilutive funding for businesses. Founded by Paulina Sygulska-Tenner and Daniel Tenner in 2010, the firm is centrally located in London and supports R&D through various financial services. With a strategic approach to accessing funding and maintaining compliance, GrantTree remains a pivotal partner for UK innovators seeking to optimize their financial mechanisms for growth and development. Recent internal changes reflect a commitment to adaptability and employee satisfaction, further solidifying GrantTree's position within the innovation funding sector.