#103 Money Back In Your Pocket: Getting a Financial Return on Your R&D
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Do you know you can get money back in your pocket for all your hard work crafting delicious new products, experimenting with exciting ingredients, or streamlining your production process?   All those research and development (R&D) efforts could translate into government funding. It's like getting paid to create!   In this episode of Foodpreneur with Chelsea Ford podcast, I chat with with head of manufacturing and R&D tax incentive expert Jessica Olivier from RSM business advisory. Jess and her team have helped countless emerging and challenger brands in the food and beverage space get receipts out of shoe boxes, and navigate the world of government grants and tax incentives to turn packaged food and drink ideas into financial success stories.   Jessica speaks in plain English about how to get the R&D tax incentive and grants, which could ultimately lead to you unlocking greater cashflow in your business.   This is some of what Jessica talks about in this episode:   💲What the annual business cycle is and opportunities to be aware of. 💲What is the R&D tax incentive and how to get it. 💲The range of eligible R&D activities and how to claim for those and the associated costs. 💲Different types of grants foodpreneurs can apply for. 💲How to start the process of applying for these opportunities.    LINKS & RESOURCES: Foodpreneurs Festival -  Your Year’s Worth of Sales & Promotion Opportunities All in One Day!Tickets to Foodpreneurs Festival (there are still limited Early Bird tickets on sale!)Your Free Pitch Plan (new updated version!)Become A Festival InsiderRSM Manufacturing webpageRSM Food & Beverage Finance Update eventJessica Olivier’s emailJessica Olivier’s LinkedIn ProfileThis episode is brought to you by Foodpreneurs Festival, bringing packaged food & drink brand owners, retail buyers, media & industry experts together under one roof. Foodpreneurs Festival on May 17 in Sydney, includes a packed schedule of events, including: note taking-worthy talks; expert panel discussions; networking and collaboration opportunities; business-building sessions with industry experts; an exciting showcase of the latest and greatest food and drink products (including yours!); and loads more to help foodpreneurs get their products on retail shelves, land in more consumer baskets and put more money in their pockets! Whether you’re new to the food and drink industry, or a seasoned Foodpreneur, get ready for an epic celebration of all things food and drink at the 2024 Festival! But that’s not all! In an opportunity that’s 64 times bigger than last year, Foodpreneurs Festival is hosting a thrilling event for packaged food & drink brand owners to take their shot* at coming face-to-face with retail buyers and getting their products listed on retail shelves. Tickets are now on sale via Eventbrite until sold out. * Terms & conditions apply. See website for the details.
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