Steven Blacker, Partner in the Claims and Incentives Group at KPMG, comments on KPMG Signals Innovation Scale-Up With Axillium.
Business advisory firm KPMG UK has agreed an alliance with specialist research, innovation and investment agency Axillium to drive greater business investment in research and development (R&D).
Established in 2008, Axillium guides businesses through the innovation process from early stage R&D to delivery. The Midlands-based firm has supported nearly 200 organisations to move their innovation programmes forward and helped raise more than £210million in government grant funding.
KPMG works with businesses and organisations across the UK to help them access R&D incentives. The team works with clients to bid, access and manage UK government funding awards, but also identify and form partnerships with corporates, academia and supply chains to bring new intellectual property, products and services to market.
Steven Blacker, Partner in the Claims and Incentives Group at KPMG, said: “R&D incentives are really important in encouraging and rewarding businesses to overcome challenges in their field. Our work with Axillium is all about helping more businesses access and use the funding available to drive innovation and make those advances. Ultimately, this is in line with the Government’s Industrial Strategy to raise total R&D investment to 2.4% of the UK economy over the next eight years and bolster science and technology-led growth.”
Will Searle, Founder and Director of Innovation & Investment at Axillium, said: “Working together with KPMG across the UK is a major step in Axillium’s evolution. Together we will be able to expand our innovation management support to organisations of all sizes as they develop industrial-scale innovation challenges across growing markets.”
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About KPMG in the UK
KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 16,300 partners and staff. The UK firm recorded a revenue of £2.338 billion in the year ended 30 September 2018. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 154 countries and has 200,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
Axillium is an independent research and innovation agency working with businesses, public bodies and universities to deliver R&D projects, programmes and clusters. Axillium offers exceptional support and advice to help organisations execute and manage their innovation plans. By providing an independent service to hone and deliver new ideas or existing technology, Axillium connects brilliant minds that help shape the future of innovation through technology.
T: +44 (1) 327 703 350
Twitter @axillium | in axillium-research
© 2020 KPMG LLP, a UK limited liability partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.