4 days ago
- Business
- The Herald Scotland
Glasgow's Minerva up for Great British Entrepreneur Awards
Mr Pearce said: 'It's an incredible honour to be recognised alongside some of the UK's most exciting and ambitious businesses and is testament to the hard work of our team and the high standards we set ourselves to deliver sources of R&D funding, namely tax relief, for our clients.'
The shortlist for this year's Great British Entrepreneur Awards, dubbed the 'Grammys of Entrepreneurship', includes more than 800 entrepreneurs, who have been recognised for their innovation, impact, and resilience. Previous winners include BrewDog, Grenade, ClearScore, Zilch, and Unbiased.
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Minerva's R&D tax consultants deal mainly with small and medium-sized businesses, with a diverse client base in sectors such as veterinary medicine and livestock farming, racehorse breeding, architecture, construction and engineering.
Mr Pearce, who won the SME News Business Elite Awards for the second time running in 2024, added: 'Our expertise comes from understanding the finance and the complex processes around research funding regulations. So many different businesses can benefit from R&D grants and tax relief without having to spend all their business hours on R&D.
'Short-term initiatives to improve the delivery of services or the development of goods also qualify under the legislation if there is an 'appreciable' improvement. It doesn't have to be significant and is not limited to laboratories or scientists.
'On average, our clients can generate cash benefits equal to 2.72% of their turnover and 7.30% of their wage bill.'
The winners of the Great British Entrepreneur Awards will be announced at a ceremony at London's Grosvenor House on Monday November 17.
