In 2016-17 there were 345 claims totalling £10M through the SME scheme supporting Education businesses. In addition to these, there were 40 claims totalling £25 through the RDEC (Large Company) scheme. There were also a further 20 claims totalling less than £5M from SMEs claiming thorough the RDEC scheme*.
* SMEs may claim through the RDEC scheme where they have activities which are not eligible for the SME scheme. This may include R&D subcontract work for large businesses, and projects / activities which are grant funded.
Typical projects supporting Education businesses may include the design and development of new learning tools, the development of technical devices for use in the classroom, and technical / scientific methods to make your educational experience more productive.
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