Fabrum
Unlocking Hidden R&D Funding: Fabrum's Success with Swell’s Expertise
Client
Services
Sector
Year
Fabrum
R&D Tax Incentive, Arohia Trailblazer Grant
Advanced Manufacturing - Clean Tech
2022 — 2024
Overview
Fabrum, a global pioneer in cryogenics and green hydrogen technology, teamed up with Swell to unlock critical R&D funding through Tax Incentives and the Arohia Trailblazer Grant. With Swell’s strategic guidance, Fabrum maximised its funding opportunities, fuelling their innovative growth.
About
Fabrum is driving global innovations in clean energy with their cutting-edge cryogenic and green hydrogen technology. As they grew, they needed expert support to keep accessing essential R&D funding. "When I joined, we were a small team and had to be strategic about everything,"says Ian Fullerton, Fabrum’s Financial Controller. "We were growing fast and had to stay ahead with R&D, all while navigating a shifting government funding landscape."
Challenges
Navigating complex legislation
Adjusting to the more complex RDTI process required demonstrating technological uncertainties.
Highly resource restricted
Limited internal resources to handle the increasingly complicated grant applications.
Knowledge and experience
The need for a strategic partner to help identify eligible R&D activities and guide them through the evolving funding landscape.
Why Swell
When Fabrum was looking for a partner to help them optimise the RDTI, they considered traditional firms. But Swell stood out for its low-risk fee structure and approachable, local team. Swell’s in-depth understanding of the RDTI process and the funding landscape made them the ideal fit for Fabrum’s needs.
Ian Fullerton shared, "We really connected with Swell. They knew exactly how to help us maximise our claims and made the whole process much smoother."
Impact & Value
With Swell’s expertise, Fabrum were confident that they were optimising R&D funding. Swell helped them to define the funding request, by identifying eligible areas of R&D spending they had not previously considered to ensure that the level of funding aligned with their aggressive R&D programme. "Swell’s ability to spot overlooked costs made a huge difference," Ian explains. "They guided us through the RDTI process, ensuring we didn’t leave any opportunities on the table." Beyond RDTI, Swell also supported Fabrum in securing the Arohia Trailblazer Grant."Their support gave us the confidence to focus on innovation, knowing Swell had the funding side covered."
Maximised R&D Funding
Swell identified previously overlooked R&D activities, helping Fabrum secure more funding than expected through the RDTI scheme.
Streamlined Complex Processes
Swell's expertise simplified the intricate RDTI process, allowing Fabrum to focus on innovation while ensuring no funding opportunities were missed.
Enhanced Confidence for Innovation
With Swell managing the funding landscape, Fabrum had the confidence to push forward with their cutting-edge cryogenic and hydrogen technology advancements.
Conclusion
Fabrum’s partnership with Swell has been pivotal in helping them secure more funding and optimise their grant applications. This collaboration has empowered Fabrum to keep pushing the boundaries of cryogenic and hydrogen technology while Swell ensures they maximise every funding opportunity available.
On Swell's Expertise
"Swell’s expertise made all the difference for us. They understood the ins and outs of RDTI better than anyone and helped us navigate the complexities without missing a beat. Their attention to detail meant we were always in the best position to make the most of our R&D claims."
On The benefits