Episode Details

TCM Funding, a new British firm in Ireland, reveals a significant opportunity for local businesses. Despite 17,500 to 35,000 eligible companies, only 1,900 claimed the R&D tax credit in 2023, leaving up to 94% of potential cash unclaimed. The credit offers 35% back on research costs, with a higher threshold for smaller projects. Big multinationals dominate the credit, claiming 1.4 billion euros last year, while SMEs barely tap into it. TCM, based in Dublin, aims to help local innovators capitalize on this gap.

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