0370 270 6000

already registered?

Please sign in with your existing account details.

need to register?

Register to access exclusive content, sign up to receive our updates and personalise your experience on brownejacobson.com.

Privacy statement - Terms and conditions

the budget 2011: some encouragement for science, innovation and enterprise

24 March 2011

Some encouragement for science, innovation and enterprise was detected in the budget. There is a doubling of Entrepreneurs’ Relief and an increase in tax credit for SMEs which seek to resolve technological or scientific uncertainties or make technological or scientific advancements. Although not all of James Dyson’s recommendations for encouraging innovation were adopted it is a start. Also for those concerned with the science of space exploration, investment of £100m in new research centres was announced. One additional investment caught our eye. Green Investment Bank launch capitalisation increased to £3bn in 2012. The aim of the Bank is to help investors raise money for clean energy projects. Inventors concerned with green projects which may not otherwise receive funding may gain help from the new bank. We thought there was some encouragement for innovators in this budget but will it be enough to repatriate more manufacturing to these shores as the Chancellor hopes.

related opinions

Important opportunity to comment on case law precedent

The UK government is considering extending this power to depart from retained EU case law to additional lower courts and tribunals, namely the Court of Appeal in England and Wales and the High Court of Justice in England and Wales and their equivalents.

View blog

Sky’s overly broad trade marks narrowed as found partially invalid for bad faith

Lord Justice Arnold has applied the guidance of the Court of Justice of the European Union (CJEU) to the evidence before him, in the long standing trade mark dispute between Sky and Skykick.

View blog

Cyber risks – are businesses really ready?

The Hiscox Cyber Readiness report, a review of 3300 organisations, will be a stark warning for CEO’s of SME’s in the UK and in Europe.

View blog

Wearable security

How secure is your fitness tracker? (Not to mention your smartwatch, sleep tracker, smart shoe insoles and wearable Bluetooth keyboard). It’s something that many of us give little thought to, but perhaps we should be more concerned.

View blog

mailing list sign up



Select which mailings you would like to receive from us.

Sign up